PTC India and AutoGrid entered a Memorandum of Understanding to provide global best in class, AI & ML technology-based solutions to the Indian Power Market. Collaboration to focus on flexibility management including Demand Response for distribution utilities, optimization of Distributed Energy Resources such as solar, wind and battery storage assets for generators, distribution companies and large Commercial & Industrial consumers. The collaboration between PTC and AutoGrid proposes to unlock such opportunities.

PTC India and AutoGrid have identified the following strategic areas to collaborate on: Automated Demand Response leveraging Residential Air Conditioning Systems and heating, ventilation, and air conditioning (HVAC) system at Commercial and Industrial sites. Integration of Energy Storage, Solar PV, Electrical Vehicles and other DERs for grid support, balancing and decarbonization. Structured Renewable Energy or Hybrid solar/wind/battery storage contracts – for large C&I consumers and utilities.