Azelio is a Swedish company with a unique thermal energy storage solution for dispatchable electricity and heat. The system has a storage capacity of 13 hours production at nominal power, and is scalable and already cost-effective for smaller installations. The initial target market is between 0.5 – 20 MW, expanding into 100kW to 100MW - a segment that lacks cost-effective and sustainable alternatives today. Azelio's solution adds value on a broad base to optimize for microgrid systems as load shift, distributed sustainable baseload, or as an off-grid solar system with long-duration energy storage.
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Azelio Questions
The Azelio annual revenue was $14.8 million in 2026.
Florian Naumann is the Country Director Australia of Azelio.
28 people are employed at Azelio.
Azelio is based in Goeteborg, Vaestra Goetaland.
The NAICS codes for Azelio are [221, 22].
The SIC codes for Azelio are [49].
Top Azelio Employees
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Kenneth Olsson
Strategic Purchaser at Azelio
Gothenburg, SE -
Florian Naumann
Country Director Australia at Azelio
Brisbane City, QLD, AU11 -
Fredrik Gunnarsson
Senior Project Manager at Azelio
Trollhättan, SE -
Uri Avigad
Owner at Azelio
Israel12 -
Martin Ericson
Director Testing at Azelio
Gothenburg, SE -
Huiguo Wu
Product Manager at Azelio
Beijing, China1 -
Niklas Köppen
Senior Materials Engineer at Azelio
Gothenburg, SE1 -
David Hallberg
Strategic Purchaser at Azelio
Gothenburg, SE
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