Deadline: 2019-12-31 Award: Rs 22,00,000 Open to: Startups and innovators*
India’s strategy on renewable energy is driven by the objectives of energy security, energy access and reducing the carbon footprints of the national energy systems. Renewables have created new opportunities. An altogether new business space has been created. The extant opportunities seek to explore larger contribution of renewables in the areas of livelihood, water, health and innovations in products, services and business models. Already, many early-stage companies have demonstrated innovative technologies and concepts that have developed sustainable businesses.
Ministry of New and Renewable Energy (MNRE) provides a unique opportunity for startups and innovators to solve some key challenges which are being faced by in the Renewable energy sector in India. The MNRE has identified key problem statements which range from innovative use of renewable energy for enhancing quality of life to energy solutions for regions with difficult terrain.