Azelio and Citrus, a Mexico-based industrial equipment supplier and a turn-key energy project developer, have signed an energy storage agreement, Azelio announced on June 22.
The companies will assess energy storage for the food and beverage, agricultural, mining, and the oil & gas industry as well as the tourism sector with hotels and resorts in Mexico, North and Central America.
Under the agreement, Azelio and Citrus will collaborate on more than 20 megawatts capacity of Azelio’s energy storage until 2024, kicking off a pipeline of future projects.
“The partnership with Azelio is a compelling fit that accelerates our strategy to expand the Citrus portfolio towards energy storage, within our higher growth segments and markets,” said Katia Bernal, CEO of CITRUS. “Together with Azelio, we are committed to applying their disruptive technology to give our customers an exceptional renewable energy experience together with sustainable growth.”
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