Research

Energy Sciences

Title :

Digitization of Solar Photovoltaic Supply chain through Artificial Intelligence and Blockchain Technology

Area of research :

Energy Sciences

Principal Investigator :

Dr. Parthiban Palanisamy, National Institute Of Technology (NIT) Tiruchirappalli, Tamil Nadu

Timeline Start Year :

2023

Timeline End Year :

2026

Contact info :

Equipments :

Details

Executive Summary :

The Indian energy sector is at the point of an exceptionally large transformation. There are different factors which are responsible for the change in the sector such as rapid urbanization, the addition of renewables, advent of electric vehicles, prosumers etc. which is taking the sector to a complex zone. Digitalization of the energy management and automation lies important of this journey, enabling the immediate need of a new landscape of energy, a new shift for the industry. The impact of solar energy in Indian during the last few years is enormous. The energy industry has been catalyzed continuously by innovations like decarbonization, decentralization, and digitization. The solar Photovoltaic (PV) energy sector stands to benefit from digitization significantly like any other sector. The organizations can conduct solar energy monitoring and analysis using machine learning techniques, artificial Intelligence, digital twin and blockchain technology (BCT) and get benefited from valuable insights for decision-making. As the digitalization of supply chain (SC) is significant, similarly, its security is also worthwhile. The attacks on critical infrastructures have grown over passing years. BCT creates an immutable chain of transaction blocks without the help of third party which warrant the safe environment. Distributed ledger technology such as BCT has attracted not only the academic and research community but also the government agencies, financial institutions, start-up firms and technology enthusiasts. BCT may support an extensive range of applications from identity management to IoT applications. The digitalization of the Photovoltaic supply chain (PVSC) and adoption of digital technologies requires a large amount of capital investment which needs to be justified. So, there is a need for a digitalization transformation framework and investment decision like whether there is a need for digital technologies in the PVSC and at what point these types of technologies needs to be embedded with the existing system. Hence, implementing the digital supply chain in PV industries requires support such as subsidies from the government side, which also need to be explored. Solar energy based decentralized and distributed applications help rural people in their well-being by meeting their energy requirements in sustainable manner. The social benefits are like reduction of smoky household chores and the economic benefits like employment generation and ultimately improving in the standard of living. In addition, social issues associated with the application of digital technologies on PVSC stakeholders need to be investigated for broader acceptance.

Total Budget (INR):

30,93,794

Organizations involved