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.