Jun 02 2017
Electricity is one of the most important drivers of socio-economic development, yet up to 250 million Indians are not connected to the national grid, and the majority of rural consumers …
Power
May 30 2017
We cannot achieve significant poverty reduction without stimulating electricity consumption, which fuels income-generating activities in the modern economy. In India, about 237 million people have little or no access to …
Power
May 17 2017
Today, nearly 240 million Indians lack access to reliable electricity, and 90 percent of them live in rural areas. Despite the government’s ambitious plans to accelerate universal electrification by 2018, …
Power
May 14 2017
Globally, over 1 billion people still live without electricity. Roughly 237 million of these people are in India. Smart Power for Rural Development (SPRD) is a $75 million initiative aimed at accelerating …
Power
Mar 16 2017
Perspective
An estimated 83 million rural households across India still struggle for access to a dependable source of electricity, making them particularly vulnerable, as cities take precedence over “last mile” connections …
Oct 12 2016
Press Releases
Beyond The Grid Solar Fund will deploy debt finance for solar in African and Asia. WASHINGTON, D.C.--SunFunder today announced the first close of its new $50 million “Beyond The Grid Solar …
May 03 2016
Access to electricity has been an essential force in India’s recent growth and progress. If India is to become a true leader on the global stage, such progress needs to …
Power
Apr 06 2016
Perspective
Recently, The Rockefeller Foundation and OMC Power closed a $4.5 million deal to finance OMC Power's construction and retrofitting of 100 solar power plants in rural Uttar Pradesh, India to …
Apr 04 2016
Perspective
Located in rural Uttar Pradesh, Shivpura is a village where clean drinking water has been scarce. When TARA Urja, an Energy Service Company (ESCO), started operating a 30-KW solar power …
Mar 08 2016
Press Releases
NEW YORK, UNITED STATES/DELHI, INDIA—The Rockefeller Foundation and OMC Power have reached a US$4.5 million deal to finance OMC Power’s construction and retrofitting of 100 solar power plants with mini-grids, …