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Axial Vector and Kirloskar Oil Engines Forming JV for Mass Production of Axial-Type Engines

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Axial Vector Energy Corporation (AVEC) and Kirloskar Oil Engines (KOEL) have signed a binding memorandum of understanding (MOU) for a joint venture for the mass production of the Axial Vector axial-type, multi-fuel engines ( earlier post ). It also manufactures more than 35,000 AC generators in the 5 kVA to 300 kVA range. Source: AVEC.

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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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To get there, the draft presents several targets for emission reductions from developed countries, ranging from 25% to 45% below 1990 levels by 2020. The IDB Group is composed of the Inter-American Development Bank, the Inter-American Investment Corporation (IIC) and the Multilateral Investment Fund (MIF).