The partnership will revolutionize Industrial Decarbonization in India
In a landmark collaboration poised to transform industrial sustainability, Voltanova, a deeptech firm incubated by the Foundation of Science, Innovation and Development (FSID) at IISc, has partnered with RMP Group, a 40-year pioneer in textile manufacturing, to deploy India’s lowest-cost Thermal Energy Storage System. This pioneering initiative aims to decarbonize industrial operations and set a new standard for sustainable practices in the sector.
Voltanova’s breakthrough Thermal Energy Storage delivers high-temperature, 100% carbon-free industrial energy at one-fifth the cost of existing storage solutions. With an efficiency of 95%, it eliminates reliance on fossil fuels by converting renewable energy into high-temperature industrial heat and power. Designed for multi-day energy storage, it ensures uninterrupted 24/7 operations, making it ideal for energy-intensive sectors like steel, cement, textiles, food and beverages, chemicals, and paper.
RMP Group, renowned for its state-of-the-art machinery and manufacturing units in Panipat and Faridabad, is a cornerstone of the textile industry in India. Producing 45 million meters of fabric annually, the company caters to major global apparel brands, including Zara, H&M, American Eagle, Next, and GAP. With a sharp focus on sustainability, RMP Group is now aiming to take its commitment to the next level, aligning with India’s net-zero goal and meeting the growing demand for sustainable practices from the world’s leading fashion brands.
Regarding the partnership Mr. Jaicky Kumar, Cofounder and CEO, Voltanova said “This collaboration comes at a pivotal moment when industries account for 30-40% of global greenhouse gas emissions, and the need for scalable, sustainable solutions is more critical than ever. Mr. Deepak Mishra, Cofounder and COO, Voltanova further added, “By integrating Voltanova’s revolutionary thermal energy storage technology, RMP Group is making a bold statement about its commitment to net-zero emissions.”
This partnership sets an example for how industry leaders can drive meaningful change. The collective efforts of Voltanova and RMP Group mark a major milestone in industrial decarbonization, setting the stage for other industries to adopt clean, efficient technologies. As global brands continue to push for sustainability, this agreement is a significant event in reducing industrial carbon footprints and driving the world closer to achieving a net-zero future.
This collaboration isn’t just about one company or one sector – it’s about creating a blueprint for industries worldwide to transition toward clean, efficient, and zero-carbon energy solutions. Together, Voltanova and RMP Group are not just creating a greener future – they are showing the world how industries can evolve to meet the challenges of today while securing the world of tomorrow.
