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Israel's Aquarius, Nokia to supply micro-generators to southeast Asia

Published 06/01/2020, 09:00 PM

TEL AVIV, June 1 (Reuters) - Israel's Aquarius Engines said
on Monday it has signed a partnership deal with Nokia to provide
energy to millions of people in Asia without access to the
electrical grid.
Initially Nokia will roll out lightweight Aquarius
generators in remote populated areas and telecommunications
centres in southeast Asia.
Aquarius forecast that by 2022 the company will supply more
than 250 million euros ($277.5 million) worth of generators to
this market through the partnership with Nokia.
The program will be implemented in stages with the initial
plan to station generators on remote islands in the Philippines.
Initial field tests will begin on a Philippine island that is a
two-hour boat ride away from the nearest grid connection where
thousands of residents do not have access to electricity or
clean drinking water.
"This initial project provides affordable, manageable power
to rural and remote locations," said Stuart Hendry, vice
president of Nokia Enterprise, Asia Pacific. "The Aquarius
Engines technology enables us to open huge markets that were
once totally off-limits.
Separately, Aquarius said former Bank of Israel governor
Jacob Frenkel joined its board of directors.
In November the firm signed a deal with Japanese auto parts
maker Musashi Seimitsu to co-develop its linear engine.
= 0.9011 euros)

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