The India DePIN Report - Flipbook - Page 40
How this works in practice:
A neighborhood can combine resources to install solar panels or SMRs with each contributor earning
tokens based on their proportionate share
Token holders can trade their assets, creating liquid markets for infrastructure investments
What makes this particularly powerful is how it unlocks new forms of capital. Traditional infrastructure
funding relies on banks or government grants. DePIN opens up globally distributed crypto liquidity pools,
allowing projects to raise funds from anywhere in the world. When someone in Singapore can easily
invest in a solar farm in Rajasthan, it dramatically expands the available capital for these projects.
We're already saw this work. The Powerledger pilot in Uttar Pradesh showed how peer-to-peer energy
trading could cut costs by 43%. But beyond just cost savings, it demonstrated how distributed systems
can improve access in underserved areas. When you combine local ownership with global capital access,
infrastructure can grow much faster than traditional models allow.
This creates a positive feedback loop:
More people contribute resources, expanding the energy network (Solar panels, EV charging
stations
Network growth increases token valu
Higher token values attract more investmen
Investment enables further expansion
Sources of Demand and Revenue
The demand for distributed energy solutions in India is surging from two main directions.
First, look at residential solar - it's exploding. We've reached 3.2 GW of residential solar capacity
in 2024, with government schemes like PM-KUSUM and PMSGY driving adoption. The Surya Ghar
scheme alone brought in 7 lakh new installations in just 10 months. All these solar panels are
generating surplus energy that could be traded or shared
The second big push is coming from EVs. We've seen EV sales jump from 6.38% of total vehicle
sales in 2023 to 7.47% in 2024.
By 2030, experts predict that !8% 8.=&=%7+2 and 8%8.=(=##(4+$74(+2 could be
electric. ;owever, the challenge is that we only have about BA@B?B public charging stations right now. To
support this growth, we'll need over #4++4=(74=4&2/88. That's a massive infrastructure
gap waiting to be lled.
Revenue Jpportunity
This growth is creating multiple revenue opportunities. Platform fees are most straightforward - charging
a small percentage Uaround 0.1SR on each energy trade or offering premium features like priority booking
at charging stations. Think of it like how ride-sharing apps make money, but for energy transactions.
Then there's the tokenixation angle. When rooftop solar owners share their excess energy, they can earn
tokens that represent either the energy itself or associated carbon offsets. These tokens become
valuable as governments and companies look to meet their green energy targets. The platforms
facilitating these trades take a small cut, creating a sustainable revenue stream.
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