US-India Clean Energy Finance
CPI manages the US-India Clean Energy Finance (USICEF) initiative: India’s first project preparation and pipeline development facility to support promising distributed solar projects develop into viable investment opportunities and drive long-term debt financing.
USICEF is a keystone of the commitment made between the Indian and US governments to mobilize finance for Indian distributed clean energy projects.
The proposed Credit Guarantee Mechanism addresses the most important barriers to scaling rooftop solar in the MSME sector; and could be crucial if India wants to achieve its rooftop solar target by 2022.
A CAPEX model with a commercial loan for the off-taker is a potential solution for these categories of customers. In this report, we assess the viability of the CAPEX loan model with a focus on the MSME sector, identify barriers to uptake, and recommended policy solutions to these barriers.