Solar Credits - India

Videos

Tech Stack

React

Web3

Ethers

Rust

Solidity

Node

Python

Arbitrum

Description

🌱 SolarCredits India — AI-Verified Carbon Credits for Small Solar Producers
SolarCredits India is a Web3 ClimateTech platform that enables India’s small solar producers to mint and sell AI-verified carbon credits on low-cost blockchain infrastructure.

❌ The Problem

India has 100M+ rooftop and small solar installations, but over 90% are excluded from carbon credit markets
Manual verification audits cost ₹50,000+ per installation, making participation impossible
High Ethereum gas fees and minimum thresholds favor only large corporations
As a result, millions of clean energy producers earn zero carbon income.

✅ Our Solution
AI-powered verification of electricity bills in under 1 second
No manual audits — eliminates ₹50,000 verification cost
Smart contracts mint carbon credits directly on-chain
Ultra-low gas fees (~₹0.10) using Arbitrum Stylus
Open marketplace connecting producers directly with ESG buyers
Electricity bill → AI verification → carbon credit → monthly income

⚙️ How It Works
1. Solar producer uploads electricity bill (generation & export data)
2. AI engine verifies data, detects anomalies, and generates cryptographic proof
3. Smart contract mints SRC carbon credits (100 kWh = 1 credit)
4. Credits are sold on the marketplace or retired by ESG buyers
  
  The entire process takes minutes instead of months, with full blockchain transparency.
  
  🧠 Technical Innovation
  - Smart contracts written in Stylus (Rust) and compiled to WASM
  - Deployed on Arbitrum Sepolia for low fees and fast finality
  - Rust-based AI verification backend for high-performance processing
  - On-chain verification hashes ensure immutability and auditability
  - Real MetaMask wallet integration for minting & burning credit
    
    🌍 Market Opportunity & Impact
  - 100M+ solar installations in India
  - ₹50,000+ crore annual carbon market opportunity
  - Average producer earns ₹3,500+ per month
  - 336 kg CO₂ offset per producer per month
    
    Every carbon credit represents verified, real-world climate action.
    
    Why This Project?🤔
  - Solves a massive real-world problem at national scale
  - Combines AI + Web3 + ClimateTech (perfect tech convergence)
  - Fully deployed smart contracts and working demo
  - Designed specifically for low-income, small-scale producers
  - Scalable beyond India to 50+ countries
    
    SolarCredits India democratizes carbon markets and turns climate action into economic empowerment.
    
    Built with ❤️ to accelerate renewable energy adoption and ESG accountability.

Progress During Hackathon

During the hackathon, we built SolarCredits India end-to-end as a working, production-ready system, not just a concept. We designed and implemented Stylus smart contracts in Rust, deployed them on Arbitrum Sepolia, and verified on-chain minting and burning of carbon credit tokens. In parallel, we built a Rust-based AI verification backend that validates electricity bill data, detects anomalies, generates cryptographic hashes, and calculates carbon credits in under one second. We developed a complete React + TypeScript frontend with MetaMask wallet integration, manual wallet connection, network detection, real-time balance fetching, and transaction confirmation flows. Key features completed during the hackathon include: - AI-powered bill verification with confidence scoring - On-chain minting and burning of carbon credits - Producer dashboard with portfolio and impact metrics - Marketplace UI for ESG buyers - ESG credit retirement (burn) flow with blockchain proof By the end of the hackathon, the smart contract was fully deployed and tested, the backend API was live, and the frontend demonstrated the complete real-world user journey from electricity bill upload to carbon credit issuance. This project represents real development progress during the hackathon, with a functioning demo and deployed infrastructure.

Fundraising Status

SolarCredits India is currently bootstrapped, and the hackathon version demonstrates the core technical feasibility and real-world viability of the platform. To move from prototype to real-world deployment, funding is essential and necessary for: - Scaling the AI verification system to handle large volumes of electricity bills - Conducting on-ground pilot programs with solar producers - Integrating with real smart meters, utilities, and registries - Security audits of smart contracts and infrastructure - Regulatory alignment and compliance for carbon credit issuance We are actively seeking grants, ecosystem funding, and strategic investment to accelerate market entry and onboard real users. Funding will directly enable us to launch SolarCredits India in the market, scale adoption, and create measurable climate and economic impact.