IoT

Tata Power will deploy US-based AutoGrid’s software application for electricity load management in Mumbai. It aims to engage 55,000 residential consumers and 6,000 large C&I customers to achieve 75 MW of peak capacity reduction within the first six months. It also plans to scale up the capacity reduction to 200 MW by the summer of 2025.

The global renewables investor has selected Amazon Web Service as a preferred cloud provider to gain business insights, improve workplace safety, and automate hydroelectric, wind, and solar operations. In return, it has agreed to provide clean power for Amazon’s operations in Europe, North America, and India.

Gujarat-based Prescinto, which provides software-as-a-service (SaaS) solutions for clean energy asset management, has entered the European market by securing a deal with Thessaloniki-based SunSolarWind for 70 MW of solar assets.

Gujarat-based Prescinto, which provides software-as-a-service (SaaS) solutions for clean energy asset management, has expanded beyond wind and solar into the rapidly accelerating energy storage market and added North America to its growing international portfolio. 

ABB has adopted Industry 5.0 production processes at its smart power solutions factory in Bengaluru. With “cobots” working alongside humans, the factory’s productivity has improved by 40%, while energy productivity has gone up by more than 15%.

Adani has partnered with Israel Innovation Authority to leverage the broad Israeli technology ecosystem for its diverse businesses in renewable energy, logistics, and more. The partnership provides Israeli companies a unique opportunity to codevelop, pilot, and scale up innovative technologies by utilizing Adani’s extensive industrial asset base.

Advanced solar panels, inverters, batteries and plant monitoring technologies are revolutionizing the solar sector.

BSES Yamuna Power Limited has deployed a digital solution pilot project that predicts the energy demand at consumption points like electric vehicle charging stations and energy generation capacity at solar rooftops. This will help the utility plan to store excess energy by considering the distribution congestion and commercial aspects. 

Librestream’s Onsight solution provides a fully-collaborative environment between remote experts and field technicians, helping to resolve issues at the solar plants quickly and remotely.

The present system of the energy sector is centralized due to which the prosumer’s and consumers’ direct connection is yet to be formed. It’s due to persisting challenges like transaction efficiency, security and data transparency in the Indian energy market. The blockchain is a data-driven technology that helps create a very transparent process in data sharing among the peers involved in the system and sort out the challenges persisting in the energy market.