Indian State Plans Incubator For Renewable Energy Start-ups

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

With an aim to increase investment and expand technical know-how in the renewable energy sector, one of India’s states is planning to set up an incubator for start-ups.

The southern state of Telangana has announced plans to expand infrastructure for renewable energy start-ups to help them expand and acquire latest technical knowledge. The state government has signed a memorandum of understanding with the University of Texas at Austin to facilitate transfer of technical and management knowledge to the start-ups.

India plans to have operational renewable energy capacity of 175 GW by April 2022. This will be a massive expansion from the current 37 GW operational capacity. Encouraging small companies to work in the development of the sector may be a critical step towards achieving that target.

Start-ups may also play an essential role in the proliferation of small-scale renewable energy technology among the end users. Rooftop solar power projects are not as popular as the government would like them to be in order to achieve the 40 GW installed capacity as part of the 100 GW solar power target. Start-ups can work at a local level with the local government authorities to help end users adopt rooftop solar power technologies.

The plan by Telangana is part of the central government’s ‘Start-up India, Stand-up India’ initiative to encourage new start-ups. Telangana, itself, has ambitious renewable energy targets. The state government plans to have 3.7 GW of solar power capacity operational by March 2017. Auctions for large-scale solar power projects have already been started. Earlier, this year the state government allocated 2 GW solar power capacity in the largest auction in the country so far.

Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Latest CleanTechnica TV Video

I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it!! So, we've decided to completely nix paywalls here at CleanTechnica. But...
Like other media companies, we need reader support! If you support us, please chip in a bit monthly to help our team write, edit, and publish 15 cleantech stories a day!
Thank you!

CleanTechnica uses affiliate links. See our policy here.


An avid follower of latest developments in the Indian renewable energy sector.

Saurabh has 1037 posts and counting. See all posts by Saurabh