According to a recent study by the strategic consulting and market research firm; Report Ocean revealed that the Floating Solar Power Plant in India has an installed capacity of 350 MW by the end of year 2022. Some of the factors driving this growth are the increased investments in renewable energy resources, such as solar and wind, and the different government programs promoting solar energy. One of the pioneers in this industry, influencing this growth since 2016 is Quant Solar, a startup incubated with IIT Guwahati, India.
Quant Solar offers complete Design, Engineering, Procurement, Construction, Commissioning and Maintenance services to its clients along with Project Management services. “We also offer Project Development Services such as Pre-Feed, Feed Study, Project Financial Feasibility Analysis, Project Planning and Advisor”, adds Siddhant Agarwal, Co-Founder, Quant Solar.
Pankaj Kumar, Co-Founder
Quant Solar is a clean-tech company that aims to develop innovative and smart technologies for a sustainable future. “We started with a 10 KW Floating Solar project and today, we are working on several Megawatt scale projects across the country, and the growth since inception has been significant”, says Pankaj Kumar, Co- Founder, Quant Solar.
End-to-End Offerings
Quant Solar’s product offerings include Photovoltaic Floater, Walkway Floater, Inverter Floater and Mooring Cum Anchoring System. India's first Megawatt scale Floating Solar Power Plant of 2MW capacity was installed by Quant Solar in Mudasarlova reservoir located in Visakhapatnam.
Quant Solar manufactured, supplied and installed the floating solar system on waters within months.“The project was launched as a part of 'Smart City Initiative' by the Greater Visakhapatnam Smart City Corporation and was inaugurated by Honorable Chief Minister of Andhra Pradesh N. Chandrababu Naidu”, adds Ajay Chaturvedi, Advisory Board Member, Quant Solar.
India's First Megawatt scale Floating Solar Power Plant of 2 MW capacity was installed by Quant Solar in Mudasarlova reservoir located in Visakhapatanam
Besides, Quant Solar offers endto-end services to ensure successful project delivery which include Site Feasibility Study, Design & Engineering, Material Procurement, Installation & Commissioning, Operation & Maintenance, amongst others. Appreciating the product and
project delivery of Quant Solar, Keshabh Mohanta, Minister, Water Resources, Science & Technology, Assam said, “We appreciate your efforts in completing installation and Commissioning of 10.5 KW floating solar power plant in Assam, the first in the entire North East India.”
Ajay Chaturvedi, Advisory Board Member
Presently, Quantsolar is working on a turnkey Floating Solar project of 4 MW capacity for SAIL. “This will be the benchmark project for a Steel Plant.
Our technology was also used in developing 35 MW Floating Solar Plant at NTPC Simhadri and it is one of the largest Floating Solar Plant of the world”, adds Ajay.
Onward & Upward
The journey of Quant Solar began in 2016 with a 10 KW plant in Assam. Its success drove the company to expand and cater to the rest of the country. Today, the company has marked its footprints across, North, East, South and West India. “The 25+ years of experience in global marine and offshore industry, knowledge and floating solutions knowhow that we bring to the table has positioned us at the top”, says Siddhant.
Quant Solar is currently working on increasing its production capacity to 300 MW and hopes to continually deliver projects and increase the awareness of floating solar solutions vis-a-vis reducing the carbon footprint in India. “Our goal is to reduce risk across the solar value chain while delivering more reliable, dependable and cost-effective solutions for our customers”, concludes Pankaj.
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