3.8 • 950 Ratings
🗓️ 23 April 2022
⏱️ 23 minutes
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0:00.0 | Welcome to the Weekend Bite presented by the Wall Street Breakfast. I'm Daniel Snyder and thanks for |
0:06.0 | tuning in this week. So it's Earth Day and we couldn't help but put together a great show for |
0:10.8 | you centered around sustainability and ESG investing so let's dive in. |
0:15.4 | Joining us today is Yonas Walmander CEO of Azellio a company that is working on |
0:22.0 | achieving long-duration energy storage through |
0:24.6 | their device which they call the test pod. Janas thanks for taking the time to |
0:29.5 | join us today and congrats on the new role. I'd like to start by asking you if you can share with |
0:34.8 | our audience a little bit about the test pod and what the mission is over there at |
0:40.3 | Azilio. Yes, we are a Swedish company and we have developed a device, a device that |
0:47.3 | harvest the sun's energy daytime and then converts it into electricity night time. And as we all know the sun is not shining all day. I mean it's on the |
0:58.7 | shining daytime. So we need a device that really can transform the energy from the sun into electricity, not only a couple of hours, but really for the full 24 hours of the day. |
1:14.0 | And this is our device that can provide these services |
1:18.0 | of electricity. |
1:21.0 | So how, I want to ask you, how big is this issue? |
1:25.0 | Obviously we know that we don't have sun 24 hours a day. |
1:28.0 | I think everyone on the planet knows that, but in regards to the future where we're moving more into energy |
1:34.4 | consumption whether it's electric vehicles or everything's battery |
1:38.2 | powered or we're trying to move off of oil and gas how big is this issue that |
1:42.4 | we're talking about? |
1:43.0 | I mean, it's like this. |
1:45.0 | You can only provide energy from solar cells or solar energy, |
1:52.0 | roughly in a sunny country maybe up to 20% of the total share with no storage. |
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