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PACE-D Renewable Energy Component The USAID PACE-D TA Program is working closely with the MNRE to accelerate the deployment of renewable energy in India by supporting pilot projects, increasing access to finance, and building the institutional capacity of state-level institutions. A Kumar, Director, SECI; Rajendra Nimje, MD, SECI; Anurag Mishra, USAID/India and Rakesh Kumar, Director, SECI at the MOU Signing Ceremony, March 2014 Collaboration with SECI: USAID signed an MOU with the Solar Energy Corporation of India (SECI) in April 2014 to jointly work on innovative renewable energy applications and business models. As part of this, the program will support development of plans for four sectors (educational institutes, health centers, oil and gas and railways) in the rural, commercial or industrial segments, and provide technical assistance to SECI in the design and implementation of sector- specific programs. ACORE-IREF Partnership: The program facilitated the visit of the Indian Renewable Energy Federation (IREF) to the U.S. to meet with the American Council on Renewable Energy (ACORE). Its visit to ACORE's headquarters enabled it to learn communication strategies, measures for enhancing membership, engagement with members, outreach efforts, and engaging with policy makers and industry for promoting renewable energy. Microfinance Support Initiative: The focus of the microfinance support initiative is to facilitate development of partnerships between MFIs and renewable energy equipment/technology suppliers, business planning and strategy development; build the capacity of the MFIs and technology suppliers to develop clean energy supply chains and facilitate last mile entrepreneurs. Three state-level consultations were organized in April and May 2014 to identify potential partners. Based on the workshop feedback, the program developed a technical assistance package for the sector which will be rolled out across 5 to 6 Microfinance Institutions (MFIs) located in three states. Energy Storage Energy storage is evolving as a crucial component of India's energy strategy. The USAID PACE-D TA Program has developed a report that presents a range of energy storage technologies available in the market today and provides an analysis of their costs, performance, and maturity levels. The key applications where energy storage options can play a critical role in India include grid integration of renewable energy projects and rural micro-grids. The program organized a stakeholder consultation workshop in November 2013 to get inputs for the development of a roadmap for energy storage in India. The program is currently working with the MNRE in identifying pilot projects for energy storage demonstration. Jeremy Gustafson, Director, CLEEO, USAID/India and P. C. Maithani, Director, MNRE at the Energy Storage Workshop, Nov. 2013 U.S.-India Partnership to Advance Clean Energy (PACE) 10PDF Image | Initiative of the U.S.-India Energy Dialogue
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