Govt Launches INR 2.3 Crore Innovation Challenge to Boost Rooftop Solar Adoption The competition offers a total prize pool of INR 2.3 crore. The top three winners will receive INR 1 crore, INR 50 lakh, and INR 30 lakh respectively, while ten additional startups will each be awarded INR 5 lakh as consolation prizes

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

In a push to accelerate India's transition to clean energy, the Ministry of New & Renewable Energy (MNRE) has launched a INR 2.3-crore startup innovation challenge aimed at fostering new technologies in rooftop solar and distributed renewable energy systems, as per PTI.

Announced on Saturday during the national conference on Skill Development for the Renewable Energy Workforce, the initiative seeks to attract early-stage ventures working on scalable solutions in green tech and related sectors. According to a statement from the ministry, the "Innovative Projects Start-Up Challenge on Rooftop Solar (RTS) and Distributed Renewable Energy (DRE) Technologies" is designed to identify high-impact innovations that can speed up the adoption of decentralized solar energy systems across the country.

The challenge is being implemented under the aegis of MNRE, with the National Institute of Solar Energy (NISE) providing technical support, and StartUp India—under the Department for Promotion of Industry and Internal Trade (DPIIT)—coordinating outreach and engagement efforts.

The ministry said startups from a diverse set of industries including green technology, Internet of Things (IoT), artificial intelligence, blockchain, construction, energy hardware, fintech, and waste management are eligible to apply. The goal is to tap into a wide innovation pool to address operational, financial, and technical barriers in the rooftop solar ecosystem.

The competition offers a total prize pool of INR 2.3 crore. The top three winners will receive INR 1 crore, INR 50 lakh, and INR 30 lakh respectively, while ten additional startups will each be awarded INR 5 lakh as consolation prizes. Beyond the financial incentives, selected startups will receive incubation support, access to pilot project implementation, and mentorship from experts and investors associated with MNRE and NISE.

"The challenge aims to identify and support breakthrough solutions for India's rooftop solar and distributed renewable energy ecosystem," the MNRE statement noted, emphasizing the ministry's intent to catalyze innovation that can be deployed at scale.

With rooftop solar capacity still underperforming relative to targets, the challenge is expected to drive fresh momentum in a sector seen as critical to meeting India's renewable energy goals.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

How Lab-Grown Diamonds are Reshaping Jewellery Market

As sustainability takes the centre stage shaping the luxury market, lab grown diamonds (LGDs) are leading the way and not merely following the latest trends, says Ishendra Agarwal, Founder, Giva

Business News

American Eagle Stock Sees a 25% Surge Following Sydney Sweeney's Controversial 'Great Jeans' Ad Campaign

American Eagle saw its stock jump 25% after its earnings call on Wednesday.

Growth Strategies

GST Rate Cuts To Bolster FMCG Sector; Daily Goods To Get Cheaper

FMCG companies such as Marico, Emami, GCPL, Zydus Wellness, are prioritizing to pass on the GST benefits to consumers at the earliest

Starting a Business

The Hardest Parts of Being a Solopreneur (and How I've Learned to Handle Them)

Solopreneurship is on the rise, offering us freedom and independence — but lasting success depends on tackling its unique challenges with strategy.