Energy News

Power Ledger expands blockchain energy trading trial in India

solar panels energy delhi india
Today, Australian blockchain firm Power Ledger announced a partnership with Indian electricity distributor BSES Rajdhani Power Ltd (BRPL) to substantially expand the trial of its peer-to-peer (P2P) energy trading platform in Delhi. Initially, the trial was run for 5-6MW of existing solar infrastructure servicing a group of housing societies in the Dwarka region. During the trial, residents with rooftop solar were able to sell excess solar energy to their neighbours and monetize their investment in setting up solar panels. Meanwhile, BRPL was also able to access this electricity during peak demand periods. The trial will soon be expanded to include blockchain-enabled solutions for group net metering, virtual net metering, electric vehicle charging and virtual power plant applications.

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