Shakti Sustainable Energy Foundation
For India's Clean Energy Growth Path
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Amount$3,000,000
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Program
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Date Awarded8/2/2020
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Term12 Months
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Type of SupportGeneral Support/Program
Overview
Shakti Sustainable Energy Foundation facilitates India's transition to a clean energy economy. Shakti provides grants to Indian organizations to support efforts to meet the nation’s power needs with clean electricity, increase the share of electric vehicles, promote energy efficiency in buildings and industry, and scale clean energy finance. Their main priorities in 2020 are to fund organizations to provide technical assistance to various levels of government to advance renewable power, electric vehicles, and industrial energy efficiency. This grant supports the India substrategy of the Climate Initiative, which aims to keep Indian emissions consistent with a less than 2 degrees Celsius increase in global average temperature in 2050.
About the Grantee
Grantee Website
www.shaktifoundation.in
Address
The Capital Court 104B/2, Fourth Floor, Munirka Phase III, New Delhi, 110067, India
Grants to this Grantee
for general operating support
Shakti provides grants to Indian NGOs focused on technical assistance to the Indian government, supporting efforts to meet the nation’s power needs with sustainable forms of electricity, expand transportation options, and promote energy efficiency and sustainable cities.
for the state-level power sector reform program
This grant will expand Shakti’s program to advance clean energy and vehicle electrification at the state level in India. It will fund capacity building and programmatic support to promote sustainable electricity in ten key states. Specifically, the grant will fund state-based analysis on the cost savings and pollution mitigation impacts of renewable energy; technical support for the market design and clean energy integration; and planning tools that allow state governments to plan for and procure optimal amounts of clean energy. The program will develop long-term support for clean energy and transportation.
for Electric Mobility in India
The Shakti Foundation’s mission is to support the transition in India to a sustainable energy emerging economy. Shakti is our main partner in supporting local environmental and research organizations in India. This grant will support the electric mobility initiative, which aims to help the Government of India to reach their 2030 pledge for all new cars sales to be electric drive vehicles, including two and three wheelers, cars, and buses. This goal will improve air quality in cities, and contribute to climate change mitigation.
