Friday, Apr 19 2024 | Time 09:27 Hrs(IST)
image
Business Economy


Neutrino Energy partners with C-MET Pune for Pi Car Project

Pune, Jan 28 (UNI) Neutrino Energy Group, an international Group of Companies, Scientists and Partners dedicated to the development of clean and green energy, has announced a major investment of 2.5 billion euro in India for the development of its revolutionary self-charging Electrical car, the Pi Car Project.

Pi-car will be powered by Neutrino's patented neutrino voltaic technology, which harnesses energy from the vicinity, neutrinos, subatomic particles that are abundant in the universe and other invisible radiation. This Revolutionary neutrino voltaic technology will be also be incorporated for other wide range of new cutting edge applications.
Leading the company is CEO and President, Mathematician Mr. Holger Thorsten Schubert, and CTO Dr. Thorsten Ludwig. Neutrino Energy Group has entered into an understanding with C-MET Pune, a premier government lab under the Ministry of Electronics and Information Technology (MeiTY), for the research and development of critical materials for example essential components for the new Neutrino Voltaic Power Cubes. C-MET is known for their expertise in advanced material sciences and is led by Director General, Dr. Bharat Kale.
In addition, Neutrino Energy Group has reached an investment understanding with SPEL Technologies Pvt. Ltd. for providing necessary support for manufacturing desired energy storage devices for integration with neutrino voltaic power cubes for Pi Car and other applications. SPEL is India's first and at present the only manufacturer of super capacitors and its advanced versions. SPEL is also an Industry Partner at CoERBT, a MeitY-CMET initiative. Dr. Rajendrakumar Sharma CMD SPEL Technologies, is referred to as the "Father of Super capacitors". Dr. Rajendrakumar Sharma is also part of the scientific advisory board of Neutrino Energy Group Gmbh.
To accelerate the development of the Pi Car in India, Mr. Surya Sharma, Director of Operations of Neutrino in India, aims to leverage the expertise of these synergy for Atma-Nirbhar Bharat mission, said a statement.
The Pi Car Project also has the support of Padma Bhushan Dr. Vijay Bhatkar, the Chancellor of Nalanda University, who is a part of the scientific advisory board of Neutrino Energy Group. Dr. Bhatkar is popularly referred to as "Father of Supercomputers in India". Dr. Bhatkar's expertise and guidance will be a valuable asset for development of the Pi Car, and India's vision and commitment to reduce Carbon footprints.
The Pi Car Project represents a significant step forward in the development of clean and sustainable energy sources. Not only will it reduce dependence on fossil fuels and decrease carbon emissions, but it will also create employment and support growth of the Indian economy. Neutrino Energy Group has committed to bring the Pi Car to market within the next three years.
Mr. Holger Thorsten Schubert, Mathematician & CEO and President of Neutrino Energy Group along with Prof. Dr. Rajendrakumar Sharma, Chief Managing Director of SPEL Technologies gave a briefing about the project in a press conference at C-MET, Pune. Dr. Thorsten Ludwig, Chief Technology Officer of Neutrino Energy Group, Surya Sharma, Director of Operations of Neutrino in India & BK Karunabhai, former journalist were present on the occasion, the statement added.
UNI SP SY RKM
More News

Bajaj Auto net profit at Rs 1936 cr in Q4; clocks all-time high revenue in FY24

18 Apr 2024 | 6:46 PM

New Delhi, Apr 18 (UNI) Two wheeler auto major Bajaj Auto on Thursday announced 29 percent jump in its revenue in Q4 (January-March) at 11,485 crore, led by the broad based buoyancy that was sustained on the domestic business and aided by steady exports.

see more..

Entering share market can boost growth of SMEs: Infopark event

18 Apr 2024 | 6:31 PM

Kochi, Apr 18 (UNI) Small and marginal companies in Kerala enjoy immense scope for growth by entering the stock market, experts said at an Infopark-organised event here on Thursday.

see more..

18 Apr 2024 | 6:09 PM

New Delhi, Apr 18 (UNI) Angle One, a retail stock broking house in India, today announced 31 per cent jump in net profit at Rs 340 crore during Q4 of the last financial year over Rs 260.3 crore in the previous quarter.

see more..

Microsoft and ByteXL join hands to Present HackXcelerate 2024 at CBIT in Hyderabad

18 Apr 2024 | 5:57 PM

Hyderabad, Apr 18 (UNI) Microsoft, a global technology leader, has joined hands with ByteXL, a pioneering EdTech platform, to present HackXcelerate 2024, a nationwide hackathon aimed at igniting creativity and enhancing problem-solving skills among students.

see more..

Honda Motorcycle & Scooter India inaugurates new Engine Assembly Line for CKD exports

18 Apr 2024 | 5:46 PM

Gurugram, Apr 18 (UNI) Honda Motorcycle & Scooter India (HMSI), one of the country’s leading two-wheeler manufacturers, has announced a significant milestone in its journey.

see more..
image