IIT Palakkad Offers Rs 2 Cr to Step Up Renewable Energy & Safety Solutions

In a key development, the Technology IHub Foundation (IPTIF) of IIT Palakkad has announced the launch of Samarth Maha Utsav that is aimed at encouraging innovation in Renewable Energy and Safety. The new contest is called the flagship national contest of IIT Palakkad.

As per the premier engineering institute, candidates that are interested in the renewable energy and safety contest are asked to check details and make applications for participation at the official website which is – tinyurl.com/Samarth-Maha-Utsav.

IIT Palakkad is offering Rs 2 crore as a part of the programme that will help in encouraging innovators, entrepreneurs and start-ups in India in the renewable energy sector and safety sector.

Stepping Up Innovation

As per the institute, IIT Palakkad will fund those candidates who possess viable prototypes. They also need to have viable business plans that can be commercialised on large-scale. IIT Palakkad has kept the entry open to most of the players that can be innovators and start-ups in the country that have a working prototype either in energy or in the safety sector.  The institute has kept the last date for candidates to apply on January 31, 2023.

The participating teams in the contest are required to as expected to develop solutions in energy and safety avenues. IIT Palakkad wants more eco-friendly solutions in the energy sector that are safe to use and could be commercialised for business. The solutions should also exhibit high efficiency, strong power density, reliability and have considerable duration.

IIT Madras researchers have also come up with technology that employs solar thermal energy to recycle construction and demolition debris. Last month, IIT Roorkee announced that it has developed high-quality and low-cost perovskite solar cells that are highly efficient.