Deal signed to set up renewable energy storage site in Masdar City


Energy storage company Azelio is partnering with Masdar and Khalifa University to implement a verification project in Abu Dhabi from the third quarter of 2020.

The aim is to evaluate Azelio’s energy storage technology for inclusion in the Masdar product portfolio for current and future renewable energy projects.

An agreement has been signed to set up the Azelio project site in Masdar city in Abu Dhabi.

The agreement follows Azelio and ALEC Energy signing a Memorandum of Understanding, covering a collaboration over 49MW energy storage capacity until 2025.

“As Abu Dhabi’s home of innovation and R&D, Masdar City is proud to be the location for this pilot project that has the potential to improve battery storage capability for renewable energy projects. The success of this project could help aid a sustainable recovery following the COVID-19 pandemic and advance the energy transition around the world”, said Yousef Baselaib, executive director of sustainable real estate at Masdar.