Powerledger’s technology is facilitating peer-to-peer (P2P) trading of solar power from over 2MW of solar PV systems between 150 meters in North Delhi.
Rooftop solar PV systems
Participating sites
India’s renewable energy target by 2022
Customers served by Tata Power
The project is a P2P trading trial of 150 meters that includes Tata Power-DDL(TPDDL)’s locations as well as their customers with solar generation assets (prosumers).
Using the Powerledger platform, they sell their excess energy to other residential and commercial sites in a dynamic pricing environment.
Participants set their prices to buy and sell, and these are matched on the platform in an auction pool, with Powerledger’s blockchain audit trail of energy transactions providing near the real-time settlement and complete transparency throughout the entire process.
This project enables the development of an integrated ecosystem of grid-connected, distributed energy resources including EV charging stations and battery energy storage systems that can directly participate in the P2P marketplace.
Tata Power-DDL CEO
Ganesh Srinivasan
Would you like to know more about the Powerledger platform and how it works? Contact your local Powerledger representative to book a demonstration.
