Thursday, April 16, 2015
Rockefeller Foundation Pledges $75 Million for Smart Power India Project
US-based philanthropic organization Rockefeller Foundation on Wednesday pledged $75 million as part of its new initiative to use renewable energy based mini-grids not just to light up 1,000 villages in Uttar Pradesh and Bihar, but also create new jobs by providing electricity for commercial purposes.
Renewable energy-based distributed power systems or off-grid solutions have been a rage among renewable energy companies, government agencies and even some not-for-profit organisations and many such systems have come up across the country over the last five years....