Distributed Renewable Energy Programs in India
CPI supports India in fulfilling its climate change commitments through workstreams on the State of Finance & Policy, Alignment & Effectiveness, and Design & Development.
Under its Design & Development workstream, the CPI India office works on increasing the uptake of distributed renewable energy (DRE) to support India’s energy transition.
Building on the tremendous success of the US India Clean Energy Finance Facility, CPI has launched a sequel called India Clean Energy Finance (ICEF).
India Clean Energy Finance (ICEF) is a project preparation facility that promotes DRE applications in India. It supports early-to-mid-stage enterprises that are engaged in the development of DRE projects and that would not typically be able to access commercial funding because of their small scale and high perceived risks. With funding support from the MacArthur Foundation and Bloomberg Philanthropies, ICEF provides technical assistance that helps increase a project’s bankability, thus catalyzing long-term debt financing and equity investments.
The program is led by Vivek Sen.
