GEAPP Partners with ISA to Drive Solar Expansion and Support India’s RE Targets
GEAPP and ISA have launched a Multi-Donor Trust Fund to mobilise USD 100 million for solar projects in India. Alongside, GEAPP introduced DUET to digitalise grid systems and ENTICE 2.0 to scale innovative clean energy solutions, accelerating India's renewable energy transition.
January 07, 2025. By EI News Network
The Global Energy Alliance for People and Planet (GEAPP) has announced three pivotal initiatives and partnerships aimed at accelerating India’s clean energy transition. The announcements were made during a high-level stakeholder convening in New Delhi.
As per the statement, GEAPP, in partnership with the International Solar Alliance (ISA), has launched three initiatives, viz. a Multi-Donor Trust Fund (MDTF), DUET (Digitalisation of Utilities for Energy Transition), and ENTICE 2.0 (Energy Transitions Innovation Challenge). Together, these efforts aim to address key challenges and scale innovative solutions necessary to help India achieve its target of 500 GW renewable energy capacity.
One of the primary initiatives is GEAPP's strengthened partnership with ISA through the launch of the MDTF. This fund seeks to mobilise USD 100 million for high-impact solar energy projects. ISA will lead the strategic direction of the MDTF, ensuring that solar energy initiatives meet the needs of its member countries. GEAPP will assist ISA by providing governance oversight, supporting fundraising efforts, and leveraging its expertise in energy transition planning, financing, and project implementation.
Dr. Ajay Mathur, Director General of ISA, commented, “This agreement marks an exciting step in our ongoing collaboration with GEAPP to accelerate the clean energy transition. By aligning our efforts through partnership, we are better positioned to deliver sustainable and impactful solutions to countries seeking to scale solar energy. GEAPP’s expertise will help grow the MDTF into a powerful tool to deliver renewable energy access in our Member Countries and support the realisation of their climate and energy goals.”
The DUET program focuses on the digitalisation of grid systems to improve efficiency and integration with renewable energy. It will create a technology suite that digitally captures all grid assets and integrates them with live smart sensors for real-time data tracking. The system will conduct load flow analysis and monitor voltage, current, and phase data to reduce transmission and distribution losses. Additionally, DUET will support the integration of Battery Energy Storage Systems (BESS) and Distributed Renewable Energy (DRE) into the grid.
ENTICE 2.0, powered by GEAPP, is a platform designed to identify, nurture, and scale innovative solutions that have the potential to accelerate India's startup ecosystem and support the country’s sustainability goals. First launched in 2023, ENTICE aims to help scale innovations for the energy transition by facilitating access to funding, market linkages, and mentorship. ENTICE 2.0, launching in January 2025, will go beyond its predecessor by focusing on supporting and scaling investable opportunities.
As per the firm's statement, GEAPP’s participation in the MDTF, DUET, and ENTICE 2.0 highlights its ongoing commitment to driving innovation and addressing the challenges of reliable, clean energy access and climate change in India.
Woochong Um, CEO of GEAPP, stated, “At GEAPP, we believe that the path to a sustainable and inclusive future lies in accelerating the transition to renewable energy, particularly in emerging markets that are poised to drive global change. The signing of the MDTF with ISA highlights the critical role of strategic alliances in mobilising resources to accelerate clean energy adoption. Our initiatives, such as ENTICE 2.0 and DUET, aim to foster innovation and deliver scalable solutions that drive sustainable economic growth and empower communities. By alliancing with diverse partners, we can unlock the full potential of renewable energy and create a more resilient global energy system.”
Saurabh Kumar, Vice President—India at GEAPP, presented the Alliance’s three-year strategy and impact targets for India, with a specific focus on ENTICE 2.0 and contributions to Energy Transition Planning (ETP). This stakeholder convening also brought together key industry leaders to discuss an action-oriented roadmap towards India’s goal of building 500 GW of renewable energy capacity.
It coincided with the visit of Dr. Rajiv J. Shah, President of The Rockefeller Foundation, to India, who emphasised the critical role of philanthropy in advancing the global energy transition and supporting India’s clean energy efforts.
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