Alec Energy inks MEA energy storage deal with Swedish firm

Alec Energy inks MEA energy storage deal with Swedish firm

Dubai-based Alec Energy said it has joined forces with Swedish company Azelio for development and installation of energy storage in the Middle East and Africa “‹“‹“‹“‹“‹“‹“‹region.

An award-winning solar company, Alec Energy is a business division of Alec Engineering and Contracting that offers a complete spectrum of services, from concept to commissioning, operations and maintenance of solar PV projects. 

The MoU covers a collaboration over 49 MW installed capacity of Azelio's thermal energy storage until 2025, said the statement from Alec Energy. 

As per the deal, Alec Energy and Azelio will supply electricity and heat to commercial and industrial clients using Azelio's long-duration thermal energy storage. 

Headquartered in Gothenburg, Sweden, Azelio specialises in thermal energy storage with dispatchable and low-cost stirling-based electricity and heat production. The technology is revolutionary for its unique capability to produce electricity and heat from the storage at 13 hours on nominal power. 

The system stores energy in recycled aluminium and has a total efficiency of up to 90% from energy to heat and electricity. It is scalable and cost-efficient from 0,1 MW up to 100 MW and the storage suffers no reduced capacity over time.

The unique storage technology developed by the Swedish company can