The institute has been renamed as 'Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA)'. In April 1983 Uttar Pradesh Government created Non- Conventional Energy Development Agency(NEDA) under the department of additional energy sources as an autonomous institution. Undoubtedly, now we are moving towards the goal which was envisaged at the time of formation of the agency. Work in the State is being carried out towards grid connected Solar Power Generation and rooftop power generation. Along-with biomass and small hydro-electricity the ways are being paved for the establishment of major projects based on MW solar energy.

New and greater chances are becoming apparent to participate in the mainstream of energy production. In view of limited conventional energy sources and their limited exploitation and increasing environmental pollution production of energy based on new and renewable energy sources and is being given high priority and promotion. The funding mechanisms considered in the report include upfront grants, results-based financing, tax exemptions, credit lines, risk mitigation instruments, demand-side subsidies, and public procurement.Welcome to Uttar Pradesh New and Renewable Energy AgencysĮnergy demand has been increasing steadily along with the development of the state. Funding mechanisms are defined as supply side when funding goes to companies or investors to reduce the cost or risk of supplying products to end users, and defined as demand side when they are designed to make off-grid solar more affordable to end users. The report explores how public funding mechanisms can be deployed - on the supply side, the demand side, or both. The report provides guidance to governments and development partners on how public funding can be used to provide energy access to households through off-grid solar solutions, such as solar lights, solar home systems, and related appliances. We are pleased to inform you of the launch of Lighting Global’s latest publication: Designing Public Funding Mechanisms in the Off-Grid Solar Sector. Sustainable Renewables Risk Mitigation Initiative (SRMI).Integrated Electrification Strategies and Planning.Improving Livelihoods and Human Capital.Energy Markets, Connectivity, and Regional Trade.

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