Why Apply
Accelerate the development of distributed solar power projects with USICEF support.
Gain access to a wide portfolio of essential project preparation services.
Become investment-ready for longer-term financing from OPIC and other international financial institutions.
Projects Supported
USICEF aims to accelerate progress towards India’s renewable energy and energy access goals, by supporting early stage development of distributed solar power projects and helping to catalyze long-term financing. USICEF invites distributed solar power project developers, aggregators, and financial intermediaries who operate in the following categories in India to apply for support:
Off-Grid Segment
Mini-grid & Micro-grid solar power projects with or without grid interactivity to a national utility. This also includes projects involving sales and distribution of solar products such as home lighting systems, pumps, lanterns etc.
Rooftop Solar Segment
Rooftop solar projects and businesses as well as small ground mounted solar projects of less than 5 MW capacity individually or 20 MW aggregated
Financial Intermediaries
Non-Banking Financial Companies (NBFCs), aggregators, and fund structures that provide financing to developers or consumers in the off-grid and rooftop solar segment.
Eligibility Criteria
Projects must be focused on solar power generation and distribution for external commercial consumption.
Projects must utilize technologies that have already been proven in commercial operations and/or tested at a Ministry of New and Renewable Energy (MNRE) accredited lab.
The Project Developer should not be blacklisted by any government or public sector agency in India.
Thank you for your interest in USICEF
We are no longer accepting fresh applications. However, we will continue to support the existing beneficiaries through 2022.