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Smart Power for Environmentally Sound Economic Development (SPEED) .:. Sustainable Development Knowledge Platform
Information
  • Submitted by: The Rockefeller Foundation
  • Topic: Energy
  • Keywords: funding, india, renewable energy
  • Location: India
  • Date of completion: 2014
  • Click for more information
Deliverables & Resources
Action network
  • This voluntary initiative came from Sustainable Energy for All (SE4All)
Smart Power for Environmentally Sound Economic Development (SPEED)

Partner(s)

DESI Power, Confederation of Indian Industry - Green Business Center, Johns Hopkins University, Prayas, Sambodhi Research and Communication, Technology and Action for Rural Advancement.
Open to additional partners

Description/achievement of initiative

The Rockefeller Foundation has made a three year commitment to demonstrate the potential for significantly expanding decentralized renewable energy provision in rural India.

Implementation methodologies

The Rockefeller Foundation has recently awarded $6.3 million to our partners and may award up to an additional $1 million in 2012 for the stated commitment.

Deliverables
Deliverable Date
The Rockefeller Foundation has made a three year commitment to demonstrate the potential for significantly expanding decentralized renewable energy provision in rural India, by leveraging the rapidly expanding cellular telephone tower network as an anchor customer. The Foundation will work with a diverse set of partners from the private sector, rural development NGOs, and renewable energy experts to facilitate the establishment of commercially-operated small scale power plants, and to strengthen the overall enabling environment (policy, industry, finance) needed for scaling-up. Through these efforts SPEED seeks to validate that access to decentralized renewable energy can be sustainably expanded, providing affordable and reliable energy to poor rural populations, and thereby improving quality of life and enhancing livelihood security. 2014
Resources
Type Details
Financing (in USD) $7,300,000
Copyright United Nations Department of Economic and Social Affairs

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