In a groundbreaking initiative, Quant Solar Technologies Pvt. Ltd., a pioneering clean-tech startup nurtured at the Indian Institute of Technology Guwahati (IITG), has emerged as a frontrunner in introducing Floating Solar Technology within the country. The startup, incubated at IIT Guwahati’s Technology Incubation Centre (IITG-TIC), has marked significant advancements in renewable energy solutions.
Floating Solar Plants, recognized as the third dimension in solar installations alongside Rooftop and Ground Mounted solar, have gained momentum as a sustainable means of harnessing solar energy while conserving water bodies. By deploying these plants on dams and reservoirs, Quant Solar has demonstrated the capacity to curtail evaporation loss by an impressive 70%. Notably, these installations seamlessly integrate into existing reservoirs, contributing efficiently to national solar targets and leaving zero footprint upon completion of the project lifecycle.
Co-Founder & Director of Quant Solar Technologies, Mr. Pankaj Kumar, highlighted the transformative potential, emphasizing the startup’s dual focus on clean energy generation and water conservation. He remarked, “Our innovative approach not only addresses clean energy needs but also champions water conservation, optimizing land use, enhancing power generation through water’s cooling effects, and fostering aquatic life. This signifies a monumental leap towards environmental sustainability, capitalizing on the vast potential presented by thousands of water bodies across the nation.”
Mr. Siddhant Agarwal, Co-Founder & Director, stressed the innovative strides made by Quant Solar within the Floating Solar sector, underlining their commitment to revolutionizing energy solutions. “Our product range signifies our dedication to innovation in this domain. We envision not just meeting energy demands but significantly contributing to environmental preservation, ushering in a new era of sustainable power solutions,” he remarked.
The startup’s pioneering technology has garnered global recognition, aligning with industry leaders as part of a consortium led by DNV in the Netherlands. This strategic collaboration firmly establishes Quant Solar as a key influencer in setting international standards for Floating Solar Plants.
Prof. Senthilmurugan Subbiah, Chairperson of IIT Guwahati – Technology Incubation Centre (IITG-TIC), commended Quant Solar’s contributions to environmental sustainability, emphasizing the startup’s significant impact. “Quant Solar isn’t merely an emerging startup; it’s actively shaping environmental sustainability. Its success underscores the expertise fostered by IIT Guwahati in designing and developing clean energy solutions,” he stated.
The collaborative ecosystem at IIT Guwahati has played a pivotal role in Quant Solar Technologies’ journey, providing essential resources and fostering an environment conducive to innovation. The institute’s commitment to nurturing groundbreaking ideas has empowered startups like Quant Solar to lead the charge in crafting sustainable solutions.
Since its inception, Quant Solar has collaborated with various public sector enterprises, state governments, and private entities. Notably, the startup has successfully delivered India’s first Megawatt-scale Floating Solar Plant, boasting a capacity of 2 MW, along with one of the world’s largest Floating Solar Plants spanning 36 MW for NTPC.
Amid its ongoing incubation journey at IIT Guwahati, Quant Solar Technologies remains resolute in its commitment to pioneering advanced technologies within the realm of clean tech.
