Table 1 Classification scheme used to categorize LCET startups
From: Understanding India’s low-carbon energy technology startup landscape
Deployment | Hardware integration | Materials and chemicals | Software solutions | ||
|---|---|---|---|---|---|
Supply | RES | EPC, O&M, project development for solar PV, wind, biomass power plants | Manufacturing of solar PV modules, wind turbines, biogas plants | Synthesis of biofuel from microalgae, biohydrogen using microorganisms | Analytics of RES using IoT and AI-based applications |
Demand | Mobility | Fleet operation of EVs | Manufacturing of EVs, Li-ion batteries, charging stations | Production of components for advanced fuel cells, batteries | Optimization and management of EV batteries using IoT and AI-based applications |
Energy efficiency and management | Financing, O&M, sales for energy efficient appliances | Manufacturing of energy efficient appliances | Production of energy efficient materials | Energy monitoring and control using IoT, AI-based applications | |
RE-enabled solutions | Financing of RE-enabled appliances (solar pumps, solar home systems and so on) | Manufacturing of RE-enabled appliances | Synthesis of chemicals using renewable energy | Provision of online marketplaces for RE-enabled appliances | |
Distribution | Grid management | EPC, O&M, project development for minigrids and microgrids | Manufacturing of battery energy storage system, grid controllers | Production of components for advanced battery energy storage system | Grid optimization using demand response and variable RES forecasting |