US-India Clean Energy Finance (USICEF) has selected the first class of project developers in Indian distributed solar power to receive grant support for project preparation activities, estimated to be around USD $900,000 total for the five grantees.
US-India Clean Energy Finance (USICEF) is currently seeking applications from project developers, project proponents, and catalyzers in India’s distributed solar power sector, who could benefit from project preparation services and funding for early stage project development. USICEF, a keystone of the commitment made between the Indian and US governments to mobilize finance for Indian clean energy, is India’s first facility to help promising distributed solar projects become investment-ready, via essential early-stage project preparation support.
OPIC, the Government of India and Leading Foundations Announce New US-India Clean Energy Finance Initiative
Delhi, India, 16 December 2016—Today, during a signing ceremony at the Taj Mahal Hotel in Delhi, the US-India Clean Energy Finance (USICEF) initiative announced its formal launch. The launch of USICEF marks a critical milestone on the commitment made between the...