
Is Azelio's abrupt bankruptcy a bad omen for long-duration energy storage?
Published on August 3, 2023
Azelio , a Swedish startup that aimed to supply thermal storage technology to long-duration energy storage applications, filed for bankruptcy last month. It’s the most recent sign that the fledgling long-duration energy storage sector is overinvested and early to the party. Long-duration energy storage (LDES) has…
