Research
Title : | Fintech Platform Solution for Sustainable Energy System Intracting and Contracting boosting energy saving and renewable energy (FinSESCo) |
Area of research : | Energy Sciences |
Focus area : | Fintech Platform for Sustainable Energy |
Principal Investigator : | Prof. Velraj Ramalingam, Anna University, Chennai, Tamil Nadu (600090), Mr. Chetan Bhatt, QGRID TECHNOLOGIES, Bengalore, Karnataka (560067), Prof. J Prakash, Anna University, Chennai, Tamilnadu (600025), Dr. Gayathri Venkataramani, Vellore Institute of Technology (VIT), Tamilnadu (632014) |
Contact info : | velrajr@gmail.com; chetan.bhatt@qigrid.com; prakaiit@gmail.com; gayuvenkataramani@gmail.com |
Details
Executive Summary : | The mission of the project is allowing a wave of decarbonisation projects easing the set-up of Energy Performance Contracting EPCo and Energy Savings Performance Contracting ESPCo by end-to-end digitalisation of the energy contracting and the intracting process for public bodies and larger companies. Using pre-existing data from buildings passes and energy audits, a gamified investment process, providing diversification options in an investor dashboard, smart contracts, a digital encrypted meter-based repayment process and machine learning-based fault detection during operation will be offered by platform modules. A guidance tool allows potential project owners to steer their projects into the right direction. The competencies and diversity of the partners from 5 EU countries India include skills for setting up energy-related services also using machine learning and crypto-technology, smart metering, legal tech for energy contracting, and social research for energy transition. |
Total Budget (INR): | 86,86,807 |
Organizations involved
Implementing Agency : | Anna University, Chennai, Tamil Nadu |
Funding Agency : | Department of Science and Technology (DST) |
Source : | Department of Science and Technology (DST) |