A Bengaluru-based deeptech start-up has deployed its thermal energy storage solutions that makes renewable energy industry ready at a textile manufacturing unit. Voltanova, the deep-tech fund incubated at the Foundation of Science, Innovation and Development at Indian Institute of Science (IISc), has developed the Thermal Energy Storage that delivers high-temperature, 100% carbon-free industrial energy at one-fifth the cost of existing storage solutions. “With an efficiency of 95%, it eliminates reliance on fossil fuels by converting renewable energy into high-temperature industrial heat and power,” said a company statement.
The firm has partnered with RMP Group, which has textile units in Panipat and Faridabad. Designed for multi-day energy storage, the thermal energy storage solution ensures uninterrupted 24/7 operations, making it ideal for energy-intensive sectors like steel, cement, textiles, food and beverages, chemicals and paper.
“This collaboration comes at a pivotal moment when industries account for 30-40% of global greenhouse gas emissions and the need for scalable, sustainable solutions is more critical than ever,” said Jaicky Kumar, cofounder and CEO, Voltanova. This pioneering initiative aims to decarbonise industrial operations and set a new standard for sustainable practices in the sector, Kumar said.
