IISc-Incubated Deep-Tech Firm Rolls Out Thermal Energy Storage Solutions
POWER & RENEWABLE ENERGY

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

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.  

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.  

Next Story
Equipment

Kobelco CE India Marks Milestone with 20,000th Excavator

Kobelco Construction Equipment India (KCEI), a subsidiary of Japan-based Kobelco Construction Machinery Co., has reached a significant production milestone by rolling out its 20,000th excavator at its manufacturing plant in Sri City, Andhra Pradesh. This facility serves both domestic and international markets, reinforcing India’s role as a key production center for Kobelco.Takemichi Hirakawa, Managing Director & CEO, Kobelco Construction Equipment India, said, ""Reaching the 20,000th excavator production milestone reflects our commitment to delivering high-quality construction equipment...

Next Story
Infrastructure Transport

Cabinet Approves Highway from JNPA to Chowk in Maharashtra

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the construction of a 6-lane access-controlled Greenfield High-Speed National Highway from JNPA Port (Pagote) to Chowk in Maharashtra. The 29.219 km project will be developed on a Build, Operate, and Transfer (BOT) toll model at an estimated cost of Rs 45 billion. As part of the PM Gati Shakti National Master Plan, the project aims to enhance road connectivity to major ports, addressing increasing container traffic at JNPA and the upcoming Navi Mumbai International Airport. Currently, heavy co..

Next Story
Infrastructure Urban

Effective Implementation of MGNREGA in the Last Decade

The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), enacted in 2005, aims to enhance livelihood security in rural areas by guaranteeing at least 100 days of wage employment per year to willing adult members of rural households performing unskilled manual labour. Over the years, the government has significantly increased budget allocations for the scheme. From Rs 113 billion in 2006-07, the allocation rose to Rs 330 billion in 2013-14 and reached a record Rs 860 billion in 2024-25. During the COVID-19 pandemic in 2020-21, the government spent Rs 1,110 billion under MGNREG..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?