Ministry of New and Renewable Energy invites Startups and innovators to join the journey towards Sustainable Energy future.
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 the larger contributions 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 that range from the innovative use of renewable energy for enhancing the quality of life to energy solutions for regions with difficult terrain.
Invest in India is the strategic partner of this program. The top three solutions across the problem statement will be shortlisted under the program for a cash grant.
Eligible applications will be evaluated by Committee comprising representation from relevant fields. The shortlisted startups/innovators may be requested to present/showcase their product/idea to the Committee. The Committee will declare the top three solutions by the first week of October 2019.
Detailed Eligibility Criteria
1. Individual/ Academic Institute/ Research Lab/ Startup developing an innovative product, service or business model.
2. The stage of innovation should at least be prototype and feasible for deployment.
- Validation Stage Startup
- Early Traction Startup
- Scaling Stage Startup
- Renewable Energy
- Green Technology
- Enterprise Software
- Finance Technology
- Technology Hardware
- Healthcare & Lifesciences
- Internet Of Things
- IT Services
- Security Solutions
- House-Hold Services
- Social Impact
- Social Network
1. Livelihood Application
i. Cost competitive and innovative renewable energy applications to enhance the quality of life (cooking, lighting, potable water, healthcare, etc.)
ii. Renewable energy application in agriculture
iii. Renewable energy applications to support SME’s and cottage industries
iv. Renewable energy solutions (technology, operational model et al) for application in difficult terrain
v. Renewable energy application for desalination and hence to extract potable water
2. Power System and Design
i. Renewable energy system integration in the grid
ii. Forecasting Solutions
iii. Demand response & distributed energy resource management systems
iv. Energy trading and marketplaces
v. Internet of Things (IoT) for renewables including off-grid applications for optimizing energy and its utilization
3. Solar Energy
i. Solar rooftop solutions end to end delivery including platforms
ii. Improving the efficiency of charge controllers
4. Wind Energy
i. Development of small wind turbines with wind potential of <4m/sec
ii. IoT for increasing energy extraction in the wind farms
5. Energy solutions for industrial processes in SMEs, mid to large-scale manufacturing units
process heat, power, cooling, etc
6. Biomass and waste-to-energy supply chain for power & thermal generation
i. Biomass/agro-residue/municipality waste collection, processing, palletization- complete value chain including biomass storage solutions
7. Mobility and Energy Storage
i. Renewable energy application in mobility – business models, products and market platforms
ii. Advanced energy storage application in decentralized off-grid and utility-scale renewable power projects