Vienna-based NGO to fund renewable energy projects in South India

Vienna-based agency to fund renewable energy project

KOCHI: The Renewable Energy and Energy Efficiency Partnership (REEEP), a Vienna based non-government organisation engaged in promoting renewable energy, has provided 667,500 Euros in seed funding for eight new finance projects to accelerate the clean energy market in the developing world.

This includes funding for establishing retail outlets in Karnataka for selling energy efficient compact fluorescent lamps, pressure cookers, stoves and solar lanterns in villages.

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Abhay N

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Abhay is the founder and managing editor of India Microfinance. He is passionate about microfinance, financial inclusion and social entrepreneurship in India.

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