SUBSCRIBE
PROFILE

India signs $500,000 agreement to support clean energy startups

A partnership between the Indian government and GEAPP provides financial and operational support to early-stage climate-tech firms as part of a national energy strategy.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The Department for Promotion of Industry and Internal Trade (DPIIT), a body of the Indian government, has signed a memorandum of understanding with the Global Energy Alliance for People and Planet (GEAPP) to foster innovation in the clean energy sector. The agreement, initially set for two years, aims to support climate-tech startups through a range of targeted measures.

A programme to shape the climate-tech ecosystem

The memorandum outlines comprehensive support including facilitated access to funding, mentorship programmes, pilot project opportunities and market linkages. The partnership seeks to build a pipeline of scalable, investment-ready companies aligned with India’s climate commitments.

GEAPP will launch the Energy Transitions Innovation Challenge (ENTICE), a competitive platform designed to reward high-impact projects. The initiative will offer up to $500,000 in financial incentives to selected startups, with the aim of surfacing energy solutions suitable for large-scale deployment.

Public network and financial partners in support

The investment framework will be backed by partners such as Spectrum Impact and Avana Capital, two organisations active in the financing of socially driven and sustainable initiatives. These partners will assist selected startups with tailored management tools and sector expertise.

DPIIT plans to integrate the entire programme into the existing Startup India network, increasing project visibility within the national entrepreneurial ecosystem. Communication outreach will be coordinated through major government initiatives already in operation.

Strategic backing for energy commitments

Sanjiv, Joint Secretary at DPIIT, stated that the collaboration would offer tangible opportunities for startups to “deploy technologies that support India’s long-term carbon neutrality objectives.” No specific timeline was disclosed for the rollout of the ENTICE challenge or selection of beneficiaries.

GEAPP operates across several countries to accelerate energy transitions through partnerships with governments and investors. In India, the focus on startups reflects an industrial structuring objective aligned with national energy policy.

  • Popular on energynews.pro
Trump maintient l’alliance avec l’OPEP malgré la pression sur Caracas
United States: winter cold drives up natural gas price forecasts
ExxonMobil cuts $10 billion from its low-carbon plans by 2030
Sound Energy launches gas production at Tendrara after six-month delay
ACWA Power and Bapco Energies launch 2.8 GW cross-border solar project
Fossil fuel divisions block adoption of major UN report
A key scientific report by the United Nations Environment Programme failed to gain state approval due to deep divisions over fossil fuels and other sensitive issues.
France: RTE calls for accelerated electrification to reduce fossil fuel dependence
RTE warns of France’s delay in electrifying energy uses, a key step to limiting fossil fuel imports and supporting its reindustrialisation strategy.
India cancels 6.3 GW of renewable connections, signalling regulatory shift
India’s central authority has cancelled 6.3 GW of grid connections for renewable projects since 2022, marking a tightening of regulations and a shift in responsibility back to developers.
Brazil launches roadmap to reduce its dependence on oil
The Brazilian government has been instructed to define within two months a plan for the gradual reduction of fossil fuels, supported by a national energy transition fund financed by oil revenues.
Germany delays RED III directive, retroactive enforcement now likely
The German government may miss the January 2026 deadline to transpose the RED III directive, creating uncertainty over biofuel mandates and disrupting markets.
Italy awards 8.6GW in renewables in Fer-X tender
Italy allocated 82% of the proposed solar and wind capacities in the Fer-X auction, totalling 8.6GW, with competitive purchase prices and a strong concentration of projects in the southern part of the country.
Paris appoints Jean-Bernard Lévy to review subsidies for renewables
Amid rising public spending, the French government has tasked two experts with reassessing the support scheme for renewable electricity and storage, with proposals expected within three months.
Polish army joins efforts to secure power grid against drone threats
National operator PSE partners with armed forces to protect transformer stations as critical infrastructure faces sabotage linked to foreign interference.
Norway launches a commission to plan the post-oil era
The Norwegian government establishes a commission to anticipate the decline of hydrocarbons and assess economic options for the country in the coming decades.
Kazakhstan launches tenders for 3 GW of renewable capacity by 2026
Kazakhstan plans to allocate 3 GW of wind and solar projects by the end of 2026 through public tenders, with a first 1 GW tranche in 2025, amid efforts to modernise its power system.
Power outages in the United States reach record 11 hours per customer in 2024
Hurricanes Beryl, Helene and Milton accounted for 80% of electricity outages recorded in 2024, marking a ten-year high according to federal data.
France: the CRE launches a transitional mechanism to regulate suppliers
The French Energy Regulatory Commission introduces a temporary prudential control on gas and electricity suppliers through a “guichet à blanc” opening in December, pending the transposition of European rules.
Carney and Smith unlock pipeline to Asia and amend tanker ban law
The Carney–Smith agreement launches a new pipeline to Asia, removes oil and gas emission caps, and initiates reform of the Pacific north coast tanker ban.
Post-CfD renewable assets expose investors to increased market risk
The gradual exit from CfD contracts is turning stable assets into infrastructures exposed to higher volatility, challenging expected returns and traditional financing models for the renewable sector.
Canada reforms Energy Efficiency Act to align policy with digital markets
The Canadian government introduces major legislative changes to the Energy Efficiency Act to support its national strategy and adapt to the realities of digital commerce.
Quebec maintains sole carbon price at the pump despite federal tax repeal
Quebec becomes the only Canadian province where a carbon price still applies directly to fuels, as Ottawa eliminated the public-facing carbon tax in April 2025.
India invests $872mn to locally produce rare earth permanent magnets
New Delhi launches a 72.8 bn INR incentive plan to build a 6,000-tonne domestic capacity for permanent magnets, amid rising Chinese export restrictions on critical components.
Long-term contracts reshape electricity market risk over 30 years amid volatility
The rise of CfDs, PPAs and capacity mechanisms signals a structural shift: markets alone no longer cover 10–30-year financing needs, while spot prices have surged 400% in Europe since 2019.
Berlin plans to acquire 25.1% of TenneT Germany by early 2026
Germany plans to finalise the €5.8bn ($6.34bn) purchase of a 25.1% stake in TenneT Germany to strengthen its control over critical national power grid infrastructure.
Ghana restructures its power sector around domestic gas to contain deficit
The Ghanaian government is implementing a reform of its energy system focused on increasing the use of local natural gas, aiming to reduce electricity production costs and limit the sector's financial imbalance.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.