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Title: TERI develops blockchain-enabled prototype for solar power trading
Source:The Economic Times
Date:1 January 2020

The Energy and Resources Institute (TERI) has developed a platform to facilitate peer-to-peer transactions of solar energy among consumers in the same neighbourhood. The institute has developed a blockchain-based prototype in partnership with Sofocle Technologies, a Noida-based blockchain start-up. The platform has been developed as a prototype for enabling a peer-to-peer transactional control in which electricity consumers such as residential premises, malls, schools or even small and medium enterprises can trade local generation of solar rooftop systems among themselves.




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