Investment support will also be facilitated through partners such as Spectrum Impact and Avana Capital | Photo credit: Istockphoto
The Department of Promotion of Industry and Internal Trade (DPIIT) said on Saturday that it has signed a pact with Global Energy Alliance for People and Planet (Equities) to support the climatic technology of the early stage through access to financing and mentality.
As part of the MOU, the appetite will launch the Energy Transitions Innovation Challenge (TETET), a competitive platform that offers up to $ 500,000 in rewards for high -impact solutions, he said.
Investment support will also be facilitated through partners such as Spectrum Impact and Avana Capital, he added.
The Joint Secretary of the Department of Sanjiv said that this association would open significant opportunities for new clean energy companies to scale technologies that support the country’s long -term net objectives.
The Mou was signed by the director of DPIIT, Sumeet Jarangal and Saurabh Kumar, vice president – India, annular.
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Posted on May 17, 2025
