IISc-Incubated Deep-Tech Firm Rolls Out Thermal Energy Storage Solutions

07 Mar 2025 CW Team

A deep-tech start-up based in Bengaluru has successfully deployed its thermal energy storage solutions at a textile manufacturing unit, advancing the renewable energy industry’s capabilities. Voltanova, incubated at the Foundation of Science, Innovation, and Development at the Indian Institute of Science (IISc), developed this cutting-edge Thermal Energy Storage system. It delivers high-temperature, carbon-free industrial energy at one-fifth of the cost compared to traditional storage systems.

With an impressive efficiency rate of 95 per cent, the system transforms renewable energy into high-temperature heat and power, eliminating the need for fossil fuels, according to a company statement. Voltanova has partnered with the RMP Group, which operates textile units in Panipat and Faridabad. Designed for multi-day energy storage, this solution ensures uninterrupted 24/7 operations, making it suitable for energy-intensive industries like textiles, steel, cement, chemicals, and more.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..