Fintech Platform Solution for Sustainable Energy System Intracting and Contracting boosting energy saving and renewable energy (FinSESCo)
Implementing Organization
Principal Investigator
Prof. Velraj Ramalingam
Anna University, Chennai, Tamil Nadu (600090)
Principal Investigator
Mr. Chetan Bhatt
Bengalore, Karnataka (560067)
QGRID TECHNOLOGIES
Principal Investigator
Prof. J Prakash
Anna University, Chennai, Tamilnadu (600025)
Principal Investigator
Dr. Gayathri Venkataramani
Vellore Institute of Technology
Project Overview
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.