Swedish energy storage outfit Azelio has signed a memorandum of understanding (MoU) with US-based Trimark Associates to develop projects in the North American market.
The MoU covers 45MW of long-duration energy storage capacity due online by 2025.
The first projects are targeting 150kW in 2021, followed by 3MW in 2022, 6MW in 2023, 12MW in 2024, and 24MW in 2025.
California-headquartered Trimark will be the system integrator for the installations.
Azelio’s storage technology can be coupled to solar, wind, or any other energy source to cost-efficiently supply renewable power, said the company.
Trimark offers services that range from hardware and software products to field installation, integration, testing, and ongoing maintenance of power plants.
The aim of the collaboration with Azelio is to position Trimark as one of Azelio’s regional partners for the integration of Azelio’s long-duration storage in renewable energy projects within North America.
Azelio chief executive Jonas Eklind said: “At Azelio we are excited to work closely together with one of the industry’s most experienced companies.
“Trimark’s innovative approach to energy system controls will help us develop a fully integrated storage solution. It will contribute to improving resiliency and reliability for end users.”
Trimark chief executive Mark Morosky added: “All of the Trimark team is excited about working with Azelio on their forward-looking technology.
“Long-duration energy storage is not only the vision of the California Control Area Operator, it also aligns with Trimark’s vison of ‘greening the grid’.
“Our developed Vantage control system has been successfully implemented for controlling lithium-ion storage systems.
“I am confident that Azelio’s Storage technology will also be effectively controlled with Vantage.”