Voltanova, a deep-tech startup based in Bangalore and incubated at the Foundation for Science, Innovation and Development (FSID) of the Indian Institute of Science (IISc), has announced that it has garnered over ₹50 crore in order interest for its cutting-edge Thermal Battery Energy Storage System (BESS). With increasing demand from sectors like textiles, food processing, and iron & steel, Voltanova is now gearing up for commercial deployments as part of its goal to drive large-scale industrial decarbonization.
Industries across the globe are searching for affordable solutions that allow them to shift to clean energy while maintaining operational reliability. Voltanova’s Thermal BESS presents a low-cost, carbon-free alternative to fossil fuels, enabling industries to efficiently store renewable energy and convert it into high-temperature industrial heat. With 95% efficiency, continuous 24/7 power, and costs just 1/5th that of traditional energy storage systems, Voltanova is leading the way in sustainable industrial energy solutions.
Voltanova has already formed partnerships with key players such as RMP Group, a prominent textile manufacturer, and one of India’s largest food processing companies, along with other significant industrial clients. The company is also in talks with additional businesses across energy-intensive sectors, underscoring the growing trend of clean energy adoption in industries worldwide.
Jaicky Kumar, Co-founder & CEO of Voltanova, stated, “Industries are responsible for over 30% of global greenhouse gas emissions, and the need for cost-effective, sustainable solutions has never been greater. Our technology addresses one of the biggest challenges faced by industries today—reliable and affordable decarbonization.” He further emphasized that the high level of order interest reflects the increasing demand for scalable and economical energy storage solutions across various industrial sectors.
Deepak Mishra, Co-founder & COO of Voltanova, added, “What makes Voltanova stand out is our ability to enable a smooth transition to renewable energy without interrupting industrial operations. By utilizing state-of-the-art thermal storage, we help industries future-proof their energy requirements while significantly lowering emissions and operational costs.” As Voltanova prepares for large-scale rollout, the company is attracting strong interest from the industry, setting the stage for rapid expansion in India and beyond.
Voltanova is an innovative startup incubated at IISc Bangalore, specializing in next-generation Thermal Battery Energy Storage Systems (BESS). The company’s proprietary technology provides high-efficiency, 24/7 industrial energy storage, offering scalable, low-cost, and fully renewable heat and power solutions for industries. With a strong focus on industrial decarbonization, Voltanova is pioneering the future of industrial energy transformation.
The Foundation for Science, Innovation, and Development (FSID) is a Section 8 company founded by the Indian Institute of Science (IISc), dedicated to translating cutting-edge scientific research into practical solutions for industry and society. FSID promotes innovation through its various divisions, including CORELabs, STEMCell, TIME², and SEED, working with corporations, startups, and enterprises to advance technology development.
