Quant Solar Technologies, a startup incubated at the Indian Institute of Technology, Guwahati (IITG), has emerged as a trailblazer in the field of solar technology. The company’s avant-garde initiative involves the development of floating solar technology, positioning itself as a transformative third pillar alongside traditional rooftop and ground-mounted solar installations.
Quant Solar’s floating solar plants, strategically positioned on water bodies such as dams, have the remarkable capability to curtail evaporation losses by up to 70%. Pankaj Kumar, the co-founder and director of Quant Solar, emphasized that the innovation extends beyond clean energy, stating, “Our startup isn’t just about clean energy but also about conserving water, saving land for better utility, enhancing power generation due to the cooling effects of water, and improving aquatic life.”
The potential impact of Quant Solar’s floating solar technology is significant, considering the multitude of reservoirs and expansive water bodies scattered across the country. Siddhant Agarwal, co-founder of Quant Solar, highlighted the company’s commitment to innovation within the floating solar sector, envisioning a new era of sustainable power solutions that meet growing energy needs while contributing to environmental conservation.
Quant Solar has strategically aligned itself with global leaders by joining a prestigious consortium led by DNV in the Netherlands. This strategic collaboration solidifies Quant Solar’s position as a key player in shaping global standards for floating solar plants. The startup’s involvement underscores its dedication not only to innovation but also to influencing the broader discourse on sustainable energy practices.
Professor Senthilmurugan Subbaih, Chairperson of IITG-Technology Incubation Centre (TIC), praised Quant Solar for its significant contributions to environmental sustainability. He attributed the success of startups incubated at IITG-TIC to the institution’s unparalleled expertise in designing and developing clean energy products. Incubated at IIT Guwahati’s cutting-edge Technology Incubation Centre, Quant Solar has surged to the forefront of the clean-tech revolution, making cutting-edge contributions to the field of renewable energy.