Monday
November 4
2019

Tata, Rockefeller Foundation Plan 10,000 India Microgrids

Tata Power Co. Ltd., in collaboration with the Rockefeller Foundation, plans to develop 10,000 microgrids in India to boost access to affordable and reliable electricity to homes and enterprises across the nation’s vast rural areas.

Tata Power will set up a new unit, TP Renewable Microgrid Ltd., to build the microgrids through 2026 that will serve nearly 5 million homes in India’s countryside and impact 25 million people, the two organizations said in a joint statement Monday. The venture will become the world’s largest microgrid developer and operator, they said.

 

Source: Bloomberg (link opens in a new window)

Categories
Energy, Technology
Tags
clean energy, microgrid, Rockefeller Foundation, solar energy