Given the scale of investment required to meet India’s power generation targets, it is critical to mobilize finance through international and domestic sources, via public and private channels. Shakti Sustainable Energy Foundation support efforts focusing on capacity building of institutions, strategic allocation of finance and designing financial vehicles to facilitate access to finance from appropriate funding sources. Read more about our work below.
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Renewable energy is characterized by a relatively high initial investment, followed by low variable costs. Since a much greater share of the cost of energy is determined by the initial investment, higher financing costs have a disproportionate impact on renewable energy. This puts renewable energy at a relative disadvantage in India. Access to...Read more