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.
View Top Employees from Azelio| Website | http://www.azelio.com |
| Ticker | STO:AZELIO |
| Revenue | $14 million |
| Employees | 95 (95 on RocketReach) |
| Founded | 2008 |
| Address | Regnbågsgatan 6 SE 417, Goeteborg, Vaestra Goetaland 417 55, SE |
| Phone | (465) 321-0020 |
| Technologies |
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| Industry | Renewable Energy Equipment Manufacturing, Electricity, Oil & Gas, Clean Energy, Energy, Utilities & Waste Treatment, Energy, Sustainability, Renewable Energy, Solar, Natural Resources |
| SIC | SIC Code 49 Companies |
| NAICS | NAICS Code 221 Companies, NAICS Code 22 Companies |
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Azelio Questions
The Azelio annual revenue was $14 million in 2024.
Elaine Weidman-Grunewald is the Board Member of Azelio.
95 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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