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
Enhancing Decentralized Renewable Energy Investment in Indonesia
Existing decentralized renewable energy business models fail to address prevailing barriers in the sector, ranging from policy barriers, limited access to finance, and high investment risks, discouraging private investments.
Publication
Alternative Investment Funds as a Potential Pathway for Refinancing Clean Energy Debt in India
Alternative Investment Funds offer the best near and medium-term path to expanding renewable energy access to capital markets.
Publication
Developing a Guarantee Instrument to Catalyze Renewable Energy Investments in Indonesia
This CPI study, produced in collaboration with PT Sarana Multi Infrastruktur (Persero) explores the potential of developing a green investment bank model in Indonesia.
Latest work
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.
Publication
Improving the impact of fiscal stimulus in Asia: An analysis of green recovery investments and opportunities
India, Indonesia, the Philippines, Singapore, and South Korea have together announced a total of USD 884 billion in COVID-19 recovery stimulus packages. This study maps the ‘greenness’ of these fiscal stimulus measures and their contribution towards country-level climate objectives.
Blog
3 lessons from India for achieving clean and accessible energy
97% of Indian households now have access to electricity with an average of 20.6 hours of grid-electricity supply. But there are still gaps that need to be filled for India to achieve its vision of 24/7 uninterrupted electricity supply.
Blog
Scaling Climate Finance in China
Recent developments indicate that China is taking serious steps to meet its climate ambition, with finance playing a center role.
