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Largest Indian State to Pilot Blockchain-Based Solar Energy Trading

Published 11/29/2019, 11:24 AM
Updated 11/29/2019, 01:01 PM
Largest Indian State to Pilot Blockchain-Based Solar Energy Trading

The Indian state of Uttar Pradesh (UP) will pilot a peer-to-peer (P2P) solar power trading project in partnership with Australian blockchain energy company Power Ledger.

The state power utility UP Power Corporation Limited and UP New and Renewable Energy Development Agency have partnered with Power Ledger to launch a trial of P2P solar energy trading to examine its practicability, according to a Nov. 28 press release. The first phase of the project is set to be completed by March 2020.

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