Vikram Solar ties up with Israel’s Water-Gen
Bangalore March31, 2017: Vikram Solar Pvt. Ltd., the country’s leading Solar EPC player and module manufacturer, has signed a Memorandum of Understanding (MoU) with Israel’s Water-Gen, a pioneer in air-to-water technology, to develop and introduce their path-breaking clean, hygienic drinking water solutions in the country. The technology developed by Water-Gen to create and store drinking water by harvesting condensation from the air, provides a potential solution to the clean and safe drinkable water crisis faced by India. The larger objective of this collaboration is to make available drinking water to the remote locations of the country using its rich natural resources – air and humidity. The cost-effectiveness of the technology is an added bonus that will help make the solution available to the masses.
Combinedwith Vikram Solar’s technological prowess and expertise in the solar powerdomain, the attempt is to conceptualize a product most suitable for the Indianmarket requirements.Incorporating use of solar power into the Water-Gentechnology is expected to further enhance the energy efficiency and availabilityof power for the technology in remote locations, through use of solar panels.
Mr. Gyanesh Chaudhary, MD & CEO, Vikram SolarPvt. Ltd., shared on theoccasion, “Vikram Solar has always beenat the forefront of using technological innovation to address issues ofcritical importance to the health and well-being of both human life andeco-diversity. We are happy to collaborate with Water-Gen to see how we canmerge the 2 products – solar and water, into a single offering and make itRenew, Restore, Revive, Refresh, and therefore Re-focus on building livessustainably!”
Under theMoU, Water-Gen will share their technology and know-how with Vikram Solar tomanufacture the products in India. Vikram Solar will be responsible fordeveloping and managing the manufacturing, sales, marketing and distribution ofthe products. Initially, Vikram Solar will develop three categories of theproduct catering to industrial, commercial utilities, and residential segments.There would be further plans to establish a Research & Development centrein India for the same. Vikram Solar plans a minimum investment of USD 100million for the endeavour.
Mr. Mikhael Mirilashvili, President, Water-Gen Ltd.,commented, “TheIndian market is one with a critical need for our product, and hence presents astrong market potential. We were on the lookout for a partner with strongtechnological background and dominating business presence across the country forour venture. We are delighted to have found these qualities and more in VikramSolar, and look forward to a successful and long association ahead.”
Water-Gen has been recognised globally for its innovations. Fast Companymagazine has ranked it among the world's Most Innovative Companies for 2014,along with Google, Apple, Twitter, etc. Frost and Sullivan acknowledged itscontributions with the European Technology Innovation Leadership Award for2014.Water-Gen’sunique Atmospheric Water-Generation Unit uses its "GENius" heatexchanger to chill air and condense water vapour, quickly generating cleandrinking water from the air and from polluted water, efficiently and cheaply inalmost any climate and with a minimal use of energy and electricity. The cleanair is passed through the heat exchanger system where it gets dehumidified. Thewater is then removed from the air and collected in a tank inside the unit.From there the water is passed through an extensive water filtration system,which cleans it from possible chemical and microbiological contaminations. Thewater generator is more energy efficient than that of other such companies asit uses the cooled air created by the unit to chill incoming air. Water-Gen hassystems that can produce up to 7000 litres of clean drinking water a daydepending on temperature and humidity conditions.