MUMBAI, India, Aug. 12 -- Intellectual Property India has published a patent application (202441078760 A) filed by Smart Grid Analytics Pvt Ltd on October 16, 2024, for System And Method For Deviation Settlement Management For Solar Plant Grid Stability And Penalty Reduction.
Inventor includes Kumaraswamy Muvva.
The application for the patent was published on August 07, 2026, under issue no. 32/2026.
Abstract: The present invention discloses a system and method for deviation settlement management for a solar power plant (102). The system comprises at least one weather monitoring unit (108) configured to collect at least one real-time data from the solar power plant (102). Further, the system comprises a deviation settlement server (118) to process the at least one real-time data, wherein the deviation settlement server (118) comprises a deviation settlement processing unit (206) configured to predict real-time power output, detect deviations between the real-time power injected and a scheduled power, managing the detected deviations. Thereafter, the system comprises at least one energy storage unit (120) to store excess electrical power upon receiving an instruction from the deviation settlement server (118) and supply the stored power to the grid (106) during periods of reduced power generation.
Disclaimer: Curated by HT Syndication.
