Policy is a key determining factor in promoting the continued growth in clean energy. The recent policy push for renewables in India has led to growth in utility-scale renewable energy. However, this is not the case for other clean energy segments such as those under Distributed Renewable Energy related regulations. While solar capacity installation has been outpacing wind, much progress needs to be made towards the target of 40 GW of rooftop solar capacity addition. Continuing to develop robust policies and regulations for various types and capacities of clean energy segments can create an attractive investment environment for clean energy interventions.
Shakti Sustainable Energy Foundation (Shakti) enables the development of policy solutions that reduce the perceived risks of financing clean energy investments and enable the scale up of clean energy financing.
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The growing energy deficit coupled with fluctuating global energy prices has led to greater focus on energy efficiency. One of the most important ways to realize energy efficiency potential in industries is through Energy Services Companies (ESCOs) who implement energy efficiency projects though Energy Savings Performance Contracting. ESCO-based...Read more
Shakti supported the development of an evaluation criteria based on which transport projects can be evaluated for compliance with principles of sustainable transport and then funded accordingly.