Azelio & STELLA Futura set up energy project in Sub-Saharan Africa
Two Swedish energy companies, Azelio, specialists in thermal energy storage, and STELLA Futura, provider of sustainable energy solutions, have signed a Memorandum of Understanding to work together on setting up a small-scale commercial project in Sub-Saharan Africa. The main objective is to demonstrate the viability of the technology in a real-world situation, and to pave the way for both companies to implement it across the region.
The project works by distributing power around the clock to remote communities that are off the grid, storing energy and dispatching it on demand. The 50 kWe plant is scheduled to begin operations in the summer of 2020. There are two sites currently being considered to host the project - one in Togo, the other in Ghana.
According to a statement, both companies intend for STELLA Futura to become one of Azelio's main partners in the Sub-Saharan region.
STELLA Futura has several projects in the pipeline between 2021 and 2023 where Azelio’s technology can be used. The forecasted power of these projects is 6.5 MWe with a storage capacity of 85 MWhe.
“Energy poverty is a common problem in Sub-Saharan Africa holding back individuals and societies. We have the ability to help overcome that problem in a sustainable way by redefining power. Demonstrating our technology in a real-world setting builds the knowledge and experience necessary for a roll-out of our solution on a larger scale,” says Azelio’s CEO Jonas Eklind.
“We see electrification as a society enabler. Our system designs create community growth in all sectors described in the Global SDGs. By partnering with the best storage solution providers in the market and having the deep competence of designing and integrating sustainable energy systems in combination with understanding and offering feasible business models for this region, we create real impact,” says STELLA Futura’s Group CEO Ulrika Tornerefelt.
The Memorandum was signed in Stockholm in the presence of Magnus Rehle, Board Member at the Sweden-Sub Saharan Africa Chamber of Commerce (SSACC) in Stockholm.
“We are really happy that our members are bringing cleantech solutions to Africa,” says Magnus Rehle.
The companies will negotiate the final terms of the agreement following a decision on the site of the project.
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