GUWAHATI, 23rdNovember 2023:Indian Institute of Technology Guwahati (IITG) incubated Startup Quant Solar Technologies Pvt. Ltd, a leading clean-tech start-up, has pioneered FloatingSolar Technology in India: an innovative way to harness solar energy and conserve water bodies. Incubated at IIT Guwahati – Technology Incubation Centre (IITG-TIC), Quant Solar has made significant strides in the field of renewable energy.
Floating Solar Plants are gaining prominence as the third pillar of solar installations, complementing the well-established domains of Rooftop solar and Ground Mounted solar. Floating Solar Plants are installed on water bodies such as dams, reservoirs where they can restrict evaporation loss up to 70%. With easy integration into existing reservoirs, they efficiently contribute to national solar goals while leaving Zero footprint at the end of project lifecycle. Incubated at the cutting-edge facility of IIT Guwahati – Technology Incubation Centre (IITG-TIC), Quant Solar has surged to the forefront of the clean-tech revolution, making cutting-edge contributions to the field of renewable energy.
Speaking about the startup, Co-Founder & Director of Quant Solar Technologies, Mr. Pankaj Kumar, emphasized the transformative impact, stating,“Our innovative start-up isn’t just about clean energy but also about conserving water by containing evaporation; saving precious land for better utility, improved power generation due to cooling effects of water, improving aquatic life and many more. This is a monumental leap towards environmental sustainability. With thousands of reservoirs and big water bodies spread across the country, the potential is enormous and the opportunity to make an impact is incredible.”
Mr. Siddhant Agarwal, Co-Founder & Director, expressed,“In steering through the landscape of clean energy, Quant Solar has also introduced a wide range of products embodying our dedication to innovation within the Floating Solar sector. We firmly believe that these advancements will not only fulfil the growing energy needs but will also make substantial contributions to environmental conservation, ushering in a new era of sustainable power solutions.”
Through its ground-breaking technology and innovation, the start-up has strategically aligned itself with global leaders, joining the prestigious consortium led by DNV in the Netherlands. This strategic collaboration cements Quant Solar as a key player in shaping global standards for Floating Solar Plants.
Speaking about Quant Solar, Prof.Senthilmurugan Subbiah, Chairperson of the IIT Guwahati – Technology Incubation Centre (IITG- TIC) said“QuantSolar isn’t just an emerging start-up. It is making significant contributions to environmental sustainability. The success of start-ups incubated at IITG-TIC is fuelled by IIT Guwahati’s unparalleled expertise in clean energy products design and development.”
The collaborative environment at IIT Guwahati has been instrumental in Quant Solar Technologies’ journey. The institute’s commitment to fostering innovation and providing the necessary resources has empowered start-ups like Quant Solar to lead the charge in creating sustainable solutions.
Since its inception QuantSolar has worked with multiple public sector enterprises, state government bodies and Private companies. It has also delivered India’s first Megawatt scale Floating Solar Plant (FSP) of 2 MW capacity and one of the world’s largest Floating Solar Plant of 36 MW for NTPC.
In an ongoing incubation journey at IIT Guwahati, Quant Solar Technologies remains steadfast in its commitment to continuously innovate advanced technologies within the realm of clean tech.
###
ABOUT QUANTSOLAR TECHNOLOGIES:
Quant Solar Technologies Pvt. Ltd., incubated at IIT Guwahati, is leading a technological revolution in the clean energy sector. Specializing in Floating Solar Technology, the company’s in-house design, engineering, and R&D capabilities propel it to craft site-specific solutions for large-scale projects. By ingeniously harnessing solar energy on water bodies, Quant Solar not only meets national solar goals but also addresses water conservation challenges. Pioneering advancements in modular platform design, the company’s Floating Solar Plants redefine the traditional solar landscape, offering an efficient and environmentally conscious approach to power generation.
ABOUT IIT GUWAHATI
Indian Institute of Technology Guwahati, established in 1994, completed 25 years of glorious existence in 2019. At present, the Institute has eleven departments, nine interdisciplinary academic centres and five schools covering all the major engineering, science, healthcare, management, design and humanities disciplines, offering BTech, BDes, BSc(Hons), MA, MDes, MTech, MSc, MS(R), MBA and PhD programmes. The institute offers a serene residential campus to ~450 faculty members and more than 8,600 students at present.
IIT Guwahati has retained the 7th position among the best engineering institutions of the country and 9th position in both ‘Overall’ and ‘Research’ Categories in the ‘India Rankings 2023’ declared by the National Institutional Ranking Framework (NIRF) of the Union Ministry of Education.
IIT Guwahati has achieved rank 6 in the SDG 7 (Affordable and clean energy) globally in the Times Higher Education (THE) Impact Rankings 2023 and is the only academic institution in India that occupied a place among the top 100 world universities – under 50 years of age – ranked by London-based Times Higher Education (THE) in 2014 and continues to maintain its superior position even today in various International Rankings. IIT Guwahati gained rank 32 globally in the ‘Research Citations per Faculty’ category and overall 364 rank in the QS World University Rankings 2024. In the QS Asia University Rankings 2024, the Institute is ranked 111th in overall category.
Among other frontier areas of research and innovation, IIT Guwahati is working towards augmenting critical research, technology and entrepreneurship initiatives in Genomics, Clean energy, Health Care, AI, Bioinformatics and Flexible Electronics, among numerous other areas.
IIT Guwahati incubated start-up‘Quant Solar’ pioneers Floating SolarTechnology
Video shots and Pictures: https://drive.google.com/drive/folders/1BzYHY6aYASDXdCnsLgj012MzX4jKVrYK?usp=sharing
GUWAHATI, 23rdNovember 2023:Indian Institute of Technology Guwahati (IITG) incubated Startup Quant Solar Technologies Pvt. Ltd, a leading clean-tech start-up, has pioneered FloatingSolar Technology in India: an innovative way to harness solar energy and conserve water bodies. Incubated at IIT Guwahati – Technology Incubation Centre (IITG-TIC), Quant Solar has made significant strides in the field of renewable energy.
Floating Solar Plants are gaining prominence as the third pillar of solar installations, complementing the well-established domains of Rooftop solar and Ground Mounted solar. Floating Solar Plants are installed on water bodies such as dams, reservoirs where they can restrict evaporation loss up to 70%. With easy integration into existing reservoirs, they efficiently contribute to national solar goals while leaving Zero footprint at the end of project lifecycle. Incubated at the cutting-edge facility of IIT Guwahati – Technology Incubation Centre (IITG-TIC), Quant Solar has surged to the forefront of the clean-tech revolution, making cutting-edge contributions to the field of renewable energy.
Speaking about the startup, Co-Founder & Director of Quant Solar Technologies, Mr. Pankaj Kumar, emphasized the transformative impact, stating,“Our innovative start-up isn’t just about clean energy but also about conserving water by containing evaporation; saving precious land for better utility, improved power generation due to cooling effects of water, improving aquatic life and many more. This is a monumental leap towards environmental sustainability. With thousands of reservoirs and big water bodies spread across the country, the potential is enormous and the opportunity to make an impact is incredible.”
Mr. Siddhant Agarwal, Co-Founder & Director, expressed,“In steering through the landscape of clean energy, Quant Solar has also introduced a wide range of products embodying our dedication to innovation within the Floating Solar sector. We firmly believe that these advancements will not only fulfil the growing energy needs but will also make substantial contributions to environmental conservation, ushering in a new era of sustainable power solutions.”
Through its ground-breaking technology and innovation, the start-up has strategically aligned itself with global leaders, joining the prestigious consortium led by DNV in the Netherlands. This strategic collaboration cements Quant Solar as a key player in shaping global standards for Floating Solar Plants.
Speaking about Quant Solar, Prof.Senthilmurugan Subbiah, Chairperson of the IIT Guwahati – Technology Incubation Centre (IITG- TIC) said“QuantSolar isn’t just an emerging start-up. It is making significant contributions to environmental sustainability. The success of start-ups incubated at IITG-TIC is fuelled by IIT Guwahati’s unparalleled expertise in clean energy products design and development.”
The collaborative environment at IIT Guwahati has been instrumental in Quant Solar Technologies’ journey. The institute’s commitment to fostering innovation and providing the necessary resources has empowered start-ups like Quant Solar to lead the charge in creating sustainable solutions.
Since its inception QuantSolar has worked with multiple public sector enterprises, state government bodies and Private companies. It has also delivered India’s first Megawatt scale Floating Solar Plant (FSP) of 2 MW capacity and one of the world’s largest Floating Solar Plant of 36 MW for NTPC.
In an ongoing incubation journey at IIT Guwahati, Quant Solar Technologies remains steadfast in its commitment to continuously innovate advanced technologies within the realm of clean tech.
ABOUT QUANTSOLAR TECHNOLOGIES:
Quant Solar Technologies Pvt. Ltd., incubated at IIT Guwahati, is leading a technological revolution in the clean energy sector. Specializing in Floating Solar Technology, the company’s in-house design, engineering, and R&D capabilities propel it to craft site-specific solutions for large-scale projects. By ingeniously harnessing solar energy on water bodies, Quant Solar not only meets national solar goals but also addresses water conservation challenges. Pioneering advancements in modular platform design, the company’s Floating Solar Plants redefine the traditional solar landscape, offering an efficient and environmentally conscious approach to power generation.
ABOUT IIT GUWAHATI
Indian Institute of Technology Guwahati, established in 1994, completed 25 years of glorious existence in 2019. At present, the Institute has eleven departments, nine interdisciplinary academic centres and five schools covering all the major engineering, science, healthcare, management, design and humanities disciplines, offering BTech, BDes, BSc(Hons), MA, MDes, MTech, MSc, MS(R), MBA and PhD programmes. The institute offers a serene residential campus to ~450 faculty members and more than 8,600 students at present.
IIT Guwahati has retained the 7th position among the best engineering institutions of the country and 9th position in both ‘Overall’ and ‘Research’ Categories in the ‘India Rankings 2023’ declared by the National Institutional Ranking Framework (NIRF) of the Union Ministry of Education.
IIT Guwahati has achieved rank 6 in the SDG 7 (Affordable and clean energy) globally in the Times Higher Education (THE) Impact Rankings 2023 and is the only academic institution in India that occupied a place among the top 100 world universities – under 50 years of age – ranked by London-based Times Higher Education (THE) in 2014 and continues to maintain its superior position even today in various International Rankings. IIT Guwahati gained rank 32 globally in the ‘Research Citations per Faculty’ category and overall 364 rank in the QS World University Rankings 2024. In the QS Asia University Rankings 2024, the Institute is ranked 111th in overall category.
Among other frontier areas of research and innovation, IIT Guwahati is working towards augmenting critical research, technology and entrepreneurship initiatives in Genomics, Clean energy, Health Care, AI, Bioinformatics and Flexible Electronics, among numerous other areas.
