In their quest to fulfill the Mission to develop a Solution, which will offer 24×7 Clean, Green, Reliable & Affordable Energy & thus contribute towards achieving Energy Independence in the Country, h2e Power Systems Inc / MayurRenergy Solutions Pvt. Ltd. a Pune & New York based enterprise founded by a Social Entrepreneur Mr. SiddharthMayur, signed a MOU with Fraunhofer Institute of Ceramic Technologies & Systems (IKTS) Germany in the presence of Honorable Mr. UweHöhn the Minister of Economy, Labor & Technology, Thuringian State of Germany in Pune today.
The alliance between h2e / MRE & IKTS is focused towards developing Technological Solutions in Clean & Renewable Energy.
IKTS will develop a SOFC based Fuel Cell Power Generator for the Residential and Agricultural markets in developing countries with a focus on India to begin with. Commenting, Mayur Managing Director MrSiddharth R. Mayer said that the company will develop a cost-effective fuel cell product to help meet the need for electricity in every Indian home & every Farm in the country. His ambition is to alleviate energy poverty in India and other developing countries by bringing affordable, reliable and clean energy to homes.