Thermax signs technology transfer agreement with Lambion: Generating energy from waste
Pune: May 17, 2010
Thermax, today, signed a technology tranfer license agreement with Lambion Energy Solutions, a German engineering company with expertise in converting waste to energy. The technology transfer will provide Thermax with high efficiency combustion systems for using biomass, high in moisture content, for energy generation. They will be integrated in its boilers and heaters with heat output ranging from 4 MW to 30 MW. Under the licensing agreement valid for a period of five years, a dedicated team from Thermax will work with Lambion to absorb and deploy this technology.
Over the last 30 years, Thermax has been offering its clients in India and other countries, biomass based equipment for energy generation. It already has a range of technologies such as fluidized bed combustion and traveling grate for extracting energy from a wide variety of biomass. The new agreement with Lambion and subsequent technology ugradation will equip the company with advanced systems to provide industry eco-friendly ways of extracting energy from waste. Thermax will also gain the expertise to match European and American competitors in biomass fired energy systems in Indian and select overseas markets. Says M S Unnikrishnan, Managing Director and CEO of Thermax, “We are happy that this partnership with Lambion and the new technology infusion will reinforce our product offerings in the area of green energy.”
For Lambion the partnership offers an opportunity to promote its expertise in new markets. Says Axel Lambion, “We are confident that our proven technology will help harness renewable energy from diverse types of biomass in India.”
Thermax will have an exclusive license to market heating systems, equipped with the new technology in India and SAARC countries, South East Asia, Middle East and Africa.
Source: Press release by Thermax, dated: 17.05.2010, Pune
Tags: English, Germany, Global Innovation, India, Lambion Energy Solutions, Lead Market, Thermax