Last week the industry’s attention turned to India as Sankalp Forum brought together the biggest players in Indian social enterprise. Continue reading for news on India’s development and vibrant energy technology scene.
“5 Keys To Sustainable Development in Indian Cities” by Holger Dalkmann and Ashwin Prabhu
Impact investors and social entrepreneurs must consider the larger trends of population growth and urbanization in their approach to create impact. India is a good example: The population is expected to grow from 377 million in 2011 to 590 million in 2030. However, the infrastructure required for this growing population is already insufficient. CONNECTKaro, a recent conference hosted by the World Resource Institute’s Center for Sustainable Transport in India and the Brihanmumbai Electrical Supply and Transport Undertaking (BEST), convened to discuss ways to improve India’s infrastructure to keep up with the growing urban population. The article suggests “engagement with the private sector is critical.” Private investment from investors of all scopes and sizes will be crucial to creating a sustainable future for India. Check out the article for four more ways to achieve sustainable development.
“Power Grid Corporation of India Ltd. (PGCIL) prepares transmission infrastructure report for renewable energy” on Pachabuta Blog
In India, alternative forms of decentralized electricity will be key to meeting the growing energy demand. India’s Ministry of New and Renewable Energy and the Ministry of Power have signed a Joint Declaration of Intent to “foster increased use of renewable energy.” Last year we wrote about the potential of solar in India. We concluded that it’s likely that India has the potential to install around 15 GW of energy by 2020, significantly increasing the nation’s dependence on renewable energy.
“Microgrids in India: Bringing Light to Those in Need” by Sanjoy Sanyal on Renewable Energy World
Due to the poor quality of the electric grid in India, many entrepreneurs and communities are looking to decentralized solutions like microgrids. Solar prices are falling and efficiencies are increasing, meaning that microgrids are becoming an increasingly viable way to pursue decentralized electrification. However, successful microgrids will require savvy entrepreneurship, regular maintenance, and good management. Check out the article to learn more about the challenges and how we can work to overcome them.