The Global Energy Alliance for People and Planet (GEAPP) has strengthened its partnership with International Solar Alliance (ISA) by signing ISA’s Multi-Donor Trust Fund, which aims to mobilize $100 million to fund high-impact solar energy projects.
As the lead organization for the MDTF, ISA will ensure that solar energy initiatives meet the needs of its member countries. GEAPP, through its Project Management Unit, will support ISA by providing governance oversight, facilitating fundraising efforts, and leveraging its expertise in energy transition planning, financing, and project implementation.
GEAPP also announced DUET (Digitalization of Utilities for Energy Transition) and ENTICE 2.0 (Energy Transitions Innovation Challenge) initiatives.
Together, these initiatives will bridge financing gaps, enhance institutional capacity and foster cost-efficient scalable solutions to support India’s clean energy transition.
Dr Ajay Mathur, Director General, ISA, said, “This agreement [with GEAPP] marks an exciting step in our ongoing collaboration with GEAPP to accelerate the clean energy transition. By aligning our efforts through partnership, we are better positioned to deliver sustainable and impactful solutions to countries seeking to scale solar energy. GEAPP’s expertise will help grow the Multi-Donor Trust Fund (MDTF) into a powerful tool to deliver renewable energy access in our Member Countries and support the realization of their climate and energy goals.”
DUET (Digitalization of Utilities for Energy Transition) is a program focused on the digitalization of grid systems through the development of a technology suite in which all grid assets are digitally captured (including geo-coordinates, specifications, etc.) and integrated with live smart sensors for real-time data. The system will conduct load flow analysis and real-time tracking of voltage, current, and phase data to reduce transmission and distribution losses. It will also assist in BESS deployment and DRE integration into the grid.
ENTICE 2.0 (Energy Transitions Innovation Challenge), powered by GEAPP, is a platform designed to identify, nurture, and scale innovative solutions that have the potential to accelerate India’s startup ecosystem and help achieve its sustainability goals. First launched in 2023, ENTICE aims to help scale innovations for the energy transition by facilitating access to funding, market linkages and mentorship.
ENTICE 2.0 will kickstart in January 2025, and will go beyond the scope of ENTICE 1.0 by focusing on supporting and scaling investable opportunities.
“At GEAPP, we believe that the path to a sustainable and inclusive future lies in accelerating the transition to renewable energy, particularly in emerging markets that are poised to drive global change. The signing of the MDTF with ISA highlights the critical role of strategic alliances in mobilizing resources to accelerate clean energy adoption. Our initiatives, such as ENTICE 2.0 and DUET, aim to foster innovation and deliver scalable solutions that drive sustainable economic growth and empower communities. By alliancing with diverse partners, we can unlock the full potential of renewable energy and create a more resilient global energy system”, said Woochong Um, CEO of GEAPP.
Saurabh Kumar, Vice President – India at GEAPP, presented the Alliance’s three-year strategy and impact targets for India, with a specific focus on ENTICE 2.0 and contributions to Energy Transition Planning (ETP).
The International Solar Alliance is a global initiative launched in 2015 by India and France at the COP21 in Paris, with 120 Member and Signatory countries. It works with governments to improve energy access and security worldwide and promote solar power as a sustainable transition to a carbon-neutral future. ISA’s mission is to unlock US$1 trillion of investments in solar by 2030 while reducing the cost of the technology and its financing. It promotes the use of solar energy in the agriculture, health, transport, and power generation sectors.
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