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16 8 AZELIO THIRD QUARTER 2021 Continued progress despite challenges from the pandemic The underlying global demand for energy storage is large and growing rapidly . This is reflected in the partnerships we have , the commercial agreements we have secured , and the positive dialogues we have with customers around the world . In August , a conditional order was signed for 20 TES . POD® units with Egyptian Engazaat and in September , Azelio passed an important milestone when we , according to plan , started production of the industrially manufactured product TES.POD® in volume design . After the end of the period , a binding order was also signed in South Africa for 8 TES.POD® units to a value of approximately SEK 11 million over 15 years . Azelio's published validation data shows that the system works in all aspects according to the technical performance specification , for which the leading certification body DNV prepares a report for third - party validation . It will enable customers to finance projects using our technology . During the quarter , Azelio strengthened its global presence through establishments in Australia and South Africa and the recruitment of Country Directors . The pandemic's limitations mean that negotiations with customers become more complex and time - consuming as it is difficult to visit project sites . The pandemic has also resulted in globally strained supply chains with delays and component deficiencies , which also affects Azelio . Azelio's focus for 2022 is to take the step towards an industrial rollout on a larger scale in a market that is at the beginning of large and rapid growth .