Tata Power DDL -Power Ledger Launch Solar Energy Trading Project
Delhi government and Tata Power's joint venture (JV) Tata Power Delhi Distribution and Australian tech firm Power Ledger announced the launch of 1st live peer-to-peer solar energy trading project in Delhi. The first-of-its-kind pilot project enables the development of an integrated ecosystem of grid-connected, distributed energy resources.
This system includes EV (electric vehicles) charging stations and battery energy storage systems that can directly participate in the P2P marketplace. The project was announced during the India Smart Utility Week that began on Tuesday. The project would also be beneficial to India's ambitious renewable energy targets.