CPI launches ICEF, the next phase of its successful distributed renewable energy project support program
About ICEF
India Clean Energy Finance (ICEF) is a project preparation facility managed by Climate Policy Initiative in India, building on the successful completion of US-India Clean Energy Finance Facility (USICEF).ICEF is a one-of-its-kind initiative to promote applications of distributed renewable energy (DRE) by supporting early-to-mid stage development of DRE projects and scaling up of DRE businesses. With funding support from MacArthur Foundation and Bloomberg Philanthropies, ICEF provides technical assistance that can help catalyse long-term debt financing and equity investments for DRE projects from banks, NBFCs, impact investors, and other international financial institutions.
How It Works
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After the approval of the applications, CPI engages ICEF’s network of empanelled financial advisor along with the awardee to provide the required project preparation support.
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CPI will directly pay a service fee to the financial advisors as per milestones achieved.
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The project developers and financial intermediaries apply for a ICEF project preparation grant support through an application form.
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The evaluation of the application is done by CPI, as the Program Manager, with support from an Advisory Committee.
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After the approval of the applications, CPI engages ICEF network of empanelled service providers to provide required project support.
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Grant amount is transferred to service providers to provide relevant project support upon successful completion of the tasks.
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Project developers and financial intermediaries get the project development support and are recommended for long term financing.
Should Apply?
Project developers and enterprises in the DRE domain at early to mid-stage of project development seeking financial support should apply.
Market Assessment
including sizing and demand
estimation.
Feasibility Studies
Development
Who Should Apply?
Project developers and enterprises in the DRE domain at early to mid-stage of project development seeking financial support should apply.
Monitoring
Legal Costs
Financial Advisory
Social Impact
Why Apply?
Our Partners
Leading Solar Panels
in the Industry
What They Say
Everyone, from the first phone call to the last, has been a pleasure to deal with. All of our requests were taken into account and incorporated into the project. The installation process was astonishingly smooth. I would recommend you to all my friends. Thank you so much.
Linda Moore
Thank you so much! Every single person we’ve dealt with during this project has been a consummate professional. I was very impressed with the care taken by the installers to do the job right and clean everything up afterwards. You guys are the best that I know of. Thanks!
George Gordon
I’ve decided to go entirely off the grid but had no actual clue where to start. These guys went above and beyond with their support, working out all of the intricacies of the project with me. Now, I can confidently say that I’ve got exactly what I needed. You’ve done a wonderful job!
Jennifer Lee
Use Clean Energy to Save the Planet
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