Swiss-based SmartHelio claims to have witnessed a near 200% jump in demand for its deep-data driven solar asset management solution, which plugs into solar panels or energy storage systems. Sales of the internet-of-things enabled, cloud product have leapt in the last six months.
Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency.
With the latest robotic cleaning offering, the startup aims to capture the residential solar market that currently stands at a capacity of 4400 MW and is expected to reach 8500 MW by the end of 2020.
The inefficiency and irregularity of cleaning the solar panels manually, and the associated use of water defeat the purpose of shifting to renewable energies.
The artificial intelligence powered inverter and PV management solution—which powers over 96% renewable capacity installed by Adani Green Energy—was also used for the 50 MW solar plant commissioned recently in Rajasthan.
The Delhi-based end-to-end rooftop solar company is looking to eventually raise Rs 250 crore ($35 million) as it plans to improve its technology infrastructure further, scale up the service offerings, and expand to newer geographies, including parts of Middle East, Asia Pacific and Africa.
India’s energy system immediately needs a shift from centralized commands to dynamic interactive structures. While the UK is already spearheading digitalization of its energy systems, India has ample areas demanding interventions, such as integration of decentralized energy systems using digital innovation and analytical tools.
Presently, 55 GW of renewable (solar and wind) energy is being monitored through these centers which are equipped with artificial intelligence based forecasting and scheduling tools.
The Internet of Things, cloud analytics and artificial intelligence will find their way into battery management too, enabling OEMs to precisely measure and improve the life of their deployed assets. Lower battery costs and increased adoption in high-power commercial electric vehicles and grid support are the other trends shaping the market.
A minister said an unnamed private investor had proposed an 800 MW solar project in the state on top of a 900 MW scheme being carried out with Japan. But the chairman of power giant NTPC said AI and digitization should be used to extend coal burning for decades to come.
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