Renewable Energy
Access to renewable energy helps reduce greenhouse gas emissions by decreasing dependence on fossil fuels, particularly coal plants and diesel generators. While the renewable energy sector offers an attractive investment opportunity, there are barriers to investment.
Through our offices in India and Indonesia, we have significantly influenced government policy related to renewable energy. Our team in India works with the Ministry of New and Renewable Energy, the Ministry of Finance, and other policymaker to increase investment to India’s renewable energy targets. We do this through a three-pillar approach: first, understand potential investors and the barriers they face; second, explore policy solutions to these barriers; and third, develop financial instrument solutions to these barriers.
Featured work
Publication
Accelerating renewable energy finance in Indonesia: The potential of municipal green bonds
Despite their potential, Indonesia’s capital market is yet to see the issuance of municipal green bonds due to multiple challenges. This study explores the use of municipal bonds to support Indonesia’s energy transition targets and analyze the overall feasibility of implementing such bonds.
Latest work
Blog
Podcast: Dhruba Purkayastha on the future of Distributed Renewable Energy in India
In this podcast, Dhruba Purkayastha, our India Director deliberates on the future of distributed renewable energy in India and its market potential.
Blog
Podcast: Dhruba Purkayastha on the Distributed Solar Sector in India
In this podcast, Dhruba Purkayastha, our India Director discusses the state of the distributed solar sector in India.
Blog
Going beyond the grid: The future of DRE in India
Distributed renewable energy has a major role in India’s clean energy access and sustainable development goals, but is yet to realize even a small fraction of its potential.
Publication
The Future of Distributed Renewable Energy in India
India will require an annual DRE investment of USD 18 billion by 2024, a 10x increase from current levels to meet its sustainability targets. This CPI report outlines the benefits and market potential of India’s DRE sector, examines the current policy and institutional landscape, and provides tailored recommendations for the different stakeholders.
Blog
Is India's national budget green enough?
India’s budget for 2021-2022 lays a strong foundation for a sustainable recovery post-COVID-19, with a clear focus on infrastructure development and job creation. Despite the fiscal constraints due to the pandemic, the current budget does convey the government’s intent to fight climate change. However, the budgetary allocations may fall short given the sheer scale of estimated adverse economic impact due to the impending climate crisis.
Publication
Response to COVID-19: Energy Conservation and Efficiency Survey
This study, produced in collaboration with the Indonesia Energy Efficiency Society (MASKEEI), aims to measure and understand how COVID-19 has impacted the business of facility owners and energy efficiency service stakeholders through a targeted survey.
