Uttar Pradesh starts India’s first blockchain-enabled rooftop solar trading platform

Uttar Pradesh has launched India and South-Asia’s first blockchain-enabled peer to peer (P2P) trading platform for rooftop solar power. …

The Uttar Pradesh Power Corporation (UPPCL), Madhyanchal Vidyut Vitran Nigam Limited (MVVNL), and Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) are hosting the first-of-its-kind pilot project, involving energy generated from solar rooftop systems installed on buildings in Lucknow. India Smart Grid Forum (ISGF), along with blockchain technology partner Power Ledger, Australia, and Abajyon Consulting, will execute the project.

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