Latest news with #NISE
Entrepreneur
6 days ago
- Business
- Entrepreneur
MNRE Launches INR 2.3 Cr Startup Challenge to Boost Rooftop Solar Adoption
The INR 2.3 crore MNRE challenge offers cash prizes, incubation, pilot projects, and mentorship. Startups can apply via the Startup India website by August 20; winners will be announced on September 10. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. The Ministry of New and Renewable Energy (MNRE) has launched an INR 2.3-crore Startup Innovation Challenge to promote rooftop solar installations and renewable energy use across India. Announced at the National Conference on Skill Development for the Renewable Energy Workforce, this initiative aims to find and support innovative solutions for India's rooftop solar and distributed renewable energy sector. The challenge is being conducted with support from the National Institute of Solar Energy (NISE) and in coordination with Startup India under the Department for Promotion of Industry and Internal Trade (DPIIT). Startups and innovators from various sectors such as greentech, IoT, AI, blockchain, construction, fintech, energy hardware, and waste management are invited to participate. The competition focuses on four key themes: affordability, resilience, inclusivity, and environmental sustainability. The total prize pool of INR 2.3 crore includes INR 1 crore for the first prize winner, INR 50 lakh for second place, INR 30 lakh for third, and ten consolation prizes of INR 5 lakh each. In addition to the cash awards, winners will receive incubation support, pilot project opportunities, and mentorship from industry experts and investors, facilitated by MNRE and NISE. Interested startups can submit their applications on the Startup India website. The last date for submission is August 20, and the winners will be announced on September 10. This challenge is expected to encourage innovation and help India move closer to its clean energy goals.
Entrepreneur
6 days ago
- Business
- Entrepreneur
Govt Launches INR 2.3 Crore Innovation Challenge to Boost Rooftop Solar Adoption
The competition offers a total prize pool of INR 2.3 crore. The top three winners will receive INR 1 crore, INR 50 lakh, and INR 30 lakh respectively, while ten additional startups will each be awarded INR 5 lakh as consolation prizes You're reading Entrepreneur India, an international franchise of Entrepreneur Media. In a push to accelerate India's transition to clean energy, the Ministry of New & Renewable Energy (MNRE) has launched a INR 2.3-crore startup innovation challenge aimed at fostering new technologies in rooftop solar and distributed renewable energy systems, as per PTI. Announced on Saturday during the national conference on Skill Development for the Renewable Energy Workforce, the initiative seeks to attract early-stage ventures working on scalable solutions in green tech and related sectors. According to a statement from the ministry, the "Innovative Projects Start-Up Challenge on Rooftop Solar (RTS) and Distributed Renewable Energy (DRE) Technologies" is designed to identify high-impact innovations that can speed up the adoption of decentralized solar energy systems across the country. The challenge is being implemented under the aegis of MNRE, with the National Institute of Solar Energy (NISE) providing technical support, and StartUp India—under the Department for Promotion of Industry and Internal Trade (DPIIT)—coordinating outreach and engagement efforts. The ministry said startups from a diverse set of industries including green technology, Internet of Things (IoT), artificial intelligence, blockchain, construction, energy hardware, fintech, and waste management are eligible to apply. The goal is to tap into a wide innovation pool to address operational, financial, and technical barriers in the rooftop solar ecosystem. The competition offers a total prize pool of INR 2.3 crore. The top three winners will receive INR 1 crore, INR 50 lakh, and INR 30 lakh respectively, while ten additional startups will each be awarded INR 5 lakh as consolation prizes. Beyond the financial incentives, selected startups will receive incubation support, access to pilot project implementation, and mentorship from experts and investors associated with MNRE and NISE. "The challenge aims to identify and support breakthrough solutions for India's rooftop solar and distributed renewable energy ecosystem," the MNRE statement noted, emphasizing the ministry's intent to catalyze innovation that can be deployed at scale. With rooftop solar capacity still underperforming relative to targets, the challenge is expected to drive fresh momentum in a sector seen as critical to meeting India's renewable energy goals.
India Gazette
21-06-2025
- Business
- India Gazette
MNRE launches Rs 2.3 crore start-up challenge
New Delhi [India], June 21 (ANI): The Ministry of New and Renewable Energy (MNRE) has launched the Innovative Projects Start-Up Challenge on Rooftop Solar (RTS) and Distributed Renewable Energy (DRE) Technologies, during the National Conference on Skill Development for the Renewable Energy Workforce at Atal Akshay Urja Bhawan, New Delhi. This unique national innovation challenge aims to identify and support breakthrough solutions for India's rooftop solar and distributed energy ecosystem, the statement from the Ministry said. It is being implemented under the aegis of MNRE with support from the National Institute of Solar Energy (NISE), and in coordination with StartUp India, DPIIT. Further, as per the statement, the Start-Up Challenge seeks applications from innovators and startups in India, focusing on four key categories to boost renewable energy adoption: Affordability - Making rooftop solar affordable for low- and middle-income households using innovative financing, modular systems, and circular economy strategies. Resilience - Enhancing climate resilience, grid stability, and cybersecurity in solar infrastructure, especially for vulnerable and remote areas. Inclusivity - Expanding access to underserved communities through community solar, virtual net metering, and inclusive financing models. Environmental Sustainability - Promoting eco-friendly technologies such as solar panel recycling, land-neutral solar deployment, and hybrid clean energy models. The challenge welcomes a wide range of startups in green tech, IoT, AI, blockchain, construction, energy hardware, fintech, and waste management. The selected innovators will compete for a total prize pool of Rs 2.3 crore, including Rs one crore for 1st Prize, Rs 50 lakh for 2nd Prize, Rs 30 lakh for the third Prize, and 10 Consolation Prizes of Rs five lakh each. Winners will also gain incubation support, pilot implementation opportunities, and mentorship from domain experts and investors, facilitated by MNRE and NISE. The last date for applications is August 20, 2025, and the result will be announced on September 10, 2025. Applications can be submitted through Startup India's website. (ANI)
Hans India
21-06-2025
- Business
- Hans India
Centre unveils Rs 2.3 crore startup challenge to boost renewable energy innovation
New Delhi: The government on Saturday launched an innovative 'Start-Up Challenge' with a total prize pool of Rs 2.3 crore to accelerate rooftop solar and distributed renewable energy innovations in the country. The selected innovators will compete for Rs 2.3 crore, including Rs 1 crore for first prize, Rs 50 lakh for second prize, Rs 30 lakh for third prize, and 10 consolation prizes of Rs 5 lakh each. Last sate for application is August 20 and the result will be announced on September 10. Winners will also gain incubation support, pilot implementation opportunities, and mentorship from domain experts and investors, facilitated by MNRE and NISE, according to a Ministry of New and Renewable Energy statement. The unique national innovation challenge aims to identify and support breakthrough solutions for India's rooftop solar and distributed energy ecosystem. It is being implemented under the aegis of MNRE with support from the National Institute of Solar Energy (NISE), and in coordination with StartUp India, DPIIT. The Start-Up Challenge seeks applications from innovators and startups in India, focusing on four key categories to boost renewable energy adoption. These are affordability – making rooftop solar affordable for low- and middle-income households using innovative financing, modular systems, and circular economy strategies. Resilience is another category, to enhance climate resilience, grid stability, and cybersecurity in solar infrastructure, especially for vulnerable and remote areas. Inclusivity – expanding access to underserved communities through community solar, virtual net metering, and inclusive financing models, and 'environmental sustainability' – promoting eco-friendly technologies such as solar panel recycling, land-neutral solar deployment, and hybrid clean energy models, are the last two categories. The challenge welcomes a wide range of startups in green tech, IoT, AI, blockchain, construction, energy hardware, fintech, and waste management.
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Business Standard
21-06-2025
- Business
- Business Standard
Govt launches ₹2.3-cr startup scheme to boost rooftop solar installations
The Ministry of New & Renewable Energy (MNRE) on Saturday announced the launch of a Rs 2.3-crore startup innovation challenge with an aim to accelerate rooftop solar installation and renewable energy adoption in the country. This innovation challenge aims to identify and support breakthrough solutions for India's rooftop solar and distributed renewable energy ecosystem, a ministry statement said. It is being implemented under the aegis of MNRE with support from the National Institute of Solar Energy (NISE), and in coordination with StartUp India, DPIIT. According to the statement, the Innovative Projects Start-Up Challenge on Rooftop Solar (RTS) and Distributed Renewable Energy (DRE) Technologies was launched during the National Conference on Skill Development for the Renewable Energy Workforce. The challenge seeks applications from innovators and startups in India, focusing on four key categories to boost renewable energy adoption -- affordability, resilience, inclusivity and environmental sustainability. The challenge is open for a wide range of startups in green tech, IoT, AI, blockchain, construction, energy hardware, fintech, and waste management. Applicants will compete for a total prize pool of Rs 2.3 crore, including Rs 1 crore for 1st prize, Rs 50 lakh for 2nd, Rs 30 lakh for 3rd, and 10 consolation prizes of Rs 5 lakh each. Winners will also get incubation support, pilot implementation opportunities, and mentorship from domain experts and investors, facilitated by MNRE and NISE. The deadline for submitting entries is August 20 and the winners will be announced on September 10. Applications can be submitted through the startup India's Website:
