The increasing rate of India’s dependency on coal is an impediment to provision of safe air quality standards. Evidence suggests that replacing coal by solar energy poses am operational hurdle of land acquisition and procurement, failing to create a lucrative space for new investors. The proposed solution entails a holistic algorithm that provides potential investors with crucial information that results in better choices of land identification required for solar projects. The dynamic database keeps the beneficiaries abreast of real time information, thereby reducing the risk of legal and operational roadblocks.
Private investors/developers that want to establish solar projects in India need a fast and efficient way to procure land. However, users are washing time and money and ultimately fail to implement solar projects, because these projects rely on large tracks of land subjected to complex land use dynamics, such as high fragmentation, difficult site identification, geographical intermittent records. Therefore, India continuously relies on coal and air pollution creates significant health issues.
Our solution is to provide a platform for solar investors/developers with more reliable data with 50% cost reduction. Because we are empowered by analytics and having low overhead costs. The platform will act as a consultancy on information of best land plots, synergizing the strengths of both government and private players. The solution will:
– Leverage technology including image processing, RCTs, historical data collection
– Increase probability of project success by offering processed data and dynamic land use information
– Use DILRMP’s success database
The innovated mechanisms is curated specifically in a manner that identifies, collects and processes data from dynamic databases in a manner that allows for a self-reinforcing model. The data points will be collected from initiatives from the Government of India and open resources, which are sufficient to fuel the algorithm.
The business case is unique in manner specific to India as it is specifically curated to fir in the parameters of land use and registration.
Impact on investors/developers:
– Reduce the risk of unsuccessful site identification, which may cause waste of money
– Accelerate the progress of land procurement
Impact on SDGs:
– Accelerate the implementation of India government’s target of solar power establishment (350GW by 2028)
– Consequently, contribute to the SDGs by reducing 3 billion tons of carbon emission every year
– Reduce the pollution caused by coal power plant, offering healthier benefits for India people
The plan is to assimilate and consult stakeholders involved in this process and organise knowledge building exercises in a way that enhances overall richness of the exercise taken during UNLEASH.
– Mentorship to validate business values for the industry and mature the business model – Access to existing database to further identify the critical technical challenges and requirements