PIB - 11th November 2018
“Energy efficiency saves the environment and makes businesses more competitive. While India needs to but we need to grow responsibly and the Government has taken several measures in this regard.” said Shri Singh, Union Minister of State (IC) for Power and New & Renewable Energy. The Minister was speaking of the inaugural of the International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2018) here today. This is the second edition of INSPIRE and is being organised by Energy Efficiency Services Limited (EESL) and World Bank. The three-day symposium will focus on enhance the grid management, e-Mobility, financial instruments and technologies for energy efficiency in India.
The Minister further said, “Innovations in the field of energy efficiency are critical to meet our GHG (green house gases) emission targets and the Government has taken several initiatives in this regard”. He also away awards to four pathbreaking innovations in clean energy and energy efficiency as part #InnovateToINSPIRE, a first-of-its-kind energy innovation challenge. The #InnovateToINSPIRE challenge was organized by EESL and World resources Institute (WRI) between August, 2018 and 12 October, 2018 in the run-up to INSPIRE 2018. The challenge invited participants submit sustainable and scalable solutions to seven specific challenges spanning grid management, e-Mob energy efficient technologies and financial instruments. From 94 entries, four winners were selected by eminent jury comprised of Indian and international experts in the field of energy. The winning entries receive an award of Rs. 5 lakhs, each, along with mentoring and guidance from EESL to help them bring solutions to market.
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