US-India Clean Energy Finance

Funding background

US-India Clean Energy Finance (USICEF) aims to drive access to energy in underserved regions of India, by supporting early stage development of distributed solar power projects. A partnership between the Indian Ministry of New and Renewable Energy, the Overseas Private Investment Corporation (OPIC), and a consortium of foundations, USICEF provides project preparation support that will catalyze long-term debt financing for distributed solar power from OPIC and other international financial institutions.

Eligibility

Project Developers in distributed solar power who could benefit from project preparation services for early stage project development

Service Providers:
Demonstrated experience of at least five years in providing the concerned services with at least three years of experience in delivering services to companies in India.
The Service Provider should not be blacklisted by any government or public sector agency in India. The application includes a self-declaration of this.
The Service Provider should not have any conflict of interest with the beneficiary Project Developers of USICEF.

Financing

Grant sizes will vary depending on the project size/proposed investment, and also on the types of project services deemed necessary during the evaluation process.

Applying

Project Developers:
Apply for a USICEF grant for project preparation support through the website.

Service Providers:
Fill in the form (https://www.usicef.org/service-providers/) and send the completed application form with supporting documents to usicef@cpiglobal.org

Additional

Climate Policy Initiative serves as the Program Manager.