Azelio and JD Aviation sign MoU on sustainable energy in Pakistan
April 16, 2019
Swedish sustainable energy company Azelio has signed a memorandum of understanding (MoU) with Pakistani company JD Aviation for a reliable and smart electricity supply in Pakistan.
The MoU is a first step in introducing the technology to the market in Pakistan, a market characterised by an unreliable electricity grid and good solar conditions, where long-term energy storage with cost-effective electricity production could make a big difference.
Pakistan has an average of 75 power outages per month and is dependent on backup systems to ensure a functioning infrastructure with continuous electricity supply. JD Aviation is focused on implementing solar power and energy storage in Pakistan to increase the share of renewables in the energy mix.
"Azelio's technology enables a country like Pakistan to utilise its good solar conditions even when the sun does not shine," said Jonas Eklind (pictured right), CEO of Azelio. “We are very pleased to have signed this MoU with JD Aviation, taking a first step towards a market introduction in Pakistan. We know that our technology can make a big difference in the region and we look forward to demonstrate it.”
The MoU has been signed with Azelio for the possibility of replacing parts of the expensive backup systems that cause large emissions with a sustainable and cost-effective distributed electricity baseload. The signed MoU is a start in the preparation of introducing Azelio's technology in Pakistan and build up resources for the entire customer journey, from sales to deliveries and aftermarket.
"Azelio has shown great promise in terms of scalability and reliability for generating electricity, compared to other solar and storage technologies," said Jalal Uddin Sadiq (pictured left), CEO of JD Aviation. “For Pakistan, the technology will help to avoid costly battery systems and eliminate diesel generators. We look forward to our continued collaboration with Azelio.”
Azelio supplies sustainable energy products based on the Stirling engine with a central receiver tower integrating a thermal storage system. The focus is on offering distributed and dispatchable solar electricity, on-demand all hours of the day, at a low cost.
The company has its headquarters in Gothenburg and production facilities in the heart of the Nordic automotive and aerospace clusters on the west coast of Sweden.
The technology uses the thermal energy, or heat, from the sun to run Stirling engines equipped with generators. This process converts much more of the sun's energy to electricity than established technologies. The second advantage is the storage of thermal energy at less cost than storing electricity.