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

  1. Each column represents a core value-creating activity, and each row represents a sub-sector. Each cell contains examples of startup activities represented by the intersection of a sub-sector and a core value-creating activity. RES refers to renewable energy sources; RE refers to renewable energy; EPC refers to engineering, procurement and construction; O&M refers to operation and maintenance; EV refers to electric vehicle; IoT refers to internet of things; and AI refers to artificial intelligence.