MNRE Launches ₹2.3 Crore Start-Up Challenge to Promote Rooftop Solar
In a major push towards clean energy innovation, the Ministry of New and Renewable Energy (MNRE) has launched the Innovative Projects Start-Up Challenge. This first-of-its-kind initiative aims to accelerate transformative solutions in rooftop solar and distributed renewable energy across India.
Focus Areas: Four Pillars of the Challenge
The challenge calls upon startups and innovators across the country to submit breakthrough ideas that address four key focus areas:
- Affordability
- Resilience
- Inclusivity
- Environmental Sustainability
This initiative supports India’s commitment to creating an accessible, robust, and sustainable energy ecosystem for the future.
2.3 Crore Prize Pool Announced
Participants will compete for a total prize fund of ₹2.3 crore, including:
- 1st Prize: ₹1 crore
- 2nd Prize: ₹50 lakh
- 3rd Prize: ₹30 lakh
- 10 Consolation Prizes: ₹5 lakh each
These rewards are aimed at fueling the growth of early-stage startups working on impactful renewable energy solutions.
Beyond Funding: Incubation, Mentorship, and Pilots
In addition to cash prizes, winners will gain access to:
- Incubation support through industry partners
- Pilot implementation of their projects
- Mentorship opportunities from leading experts and investors
This end-to-end support is designed to help startups scale their technologies and bring them to market efficiently.
The last date to apply is August 20, and all applications must be submitted through the Startup India website. Interested startups are encouraged to apply early to take full advantage of the challenge.
The challenge underscores the government’s commitment to building sustainable, decentralized renewable energy solutions, especially in the residential rooftop segment. By involving startups, MNRE aims to bridge innovation with implementation, aligning with India’s ambitious clean energy targets.
Get Latest News Live on MTIMES along with Breaking News and Top Headlines, Political News and around The World.
You May Like
Trending Searches Today |
Odisha CM Celebrates One Year of Governance with Promises to Empower Farmers
‘Bou Buttu Bhuta’ Sets New Benchmark in Ollywood with Strong Reviews, Box Office Collection
India Intensifies Evacuation Under Operation Sindhu
Ahmedabad Plane Crash :Details
Crude Oil Prices Soar Over $4 to Five-Month High After Israel Strikes Iran
- 🌻Trusted OSFT Quality – Designed by OSFT, a brand known for durable and decorative outdoor lighting, these solar sunflow…
- 🌻 Realistic Sunflower Design – Brighten your garden with lifelike yellow sunflower lights that add vibrant, decorative c…
- 🌻 Solar Powered & Energy Efficient – No batteries or wiring needed! Built-in solar panels charge during the day and auto…
- Sleek Design: These stylish outdoor lighting fixtures boast a modern, minimalist design to complement any outdoor space.
- Durable Construction: Crafted from high-quality materials, these lights are built to withstand the elements and provide …
- Energy-Efficient: Equipped with LED bulbs, these lights consume minimal energy while delivering bright, warm lighting.
- The most unique solar lights in the market, our solar swaying light is propped by very soft & flexible wires, so the lig…
- specialized iron wire and heavy-duty bulb base, specialized iron wire has higher flexibility which provides a larger swa…
- Super easy to use because no cables or plugs are needed, just plant the solar lights in your garden, and turn the switch…
