GREEN POWER MARKET DEVELOPMENT GROUP … evaluate and pursue renewable energy opportunities. GPMDG...

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The Green Power Market Development Group (GPMDG) India is a partnership between World Resources Institute (WRI) and Confederation of Indian Industry (CII) that works with large commercial and industrial energy consumers in India to rapidly scale up the use of renewable energy in the overall energy consumption. GPMDG India is an industry-led initiative to scale up Indian green energy market by devising innovative approaches that rapidly increase the share of renewable energy in the overall energy consumption of commercial and industrial establishments. This will be accomplished by addressing the policy and market barriers that currently impede the growth of renewable energy sector. GPMDG will closely work with Government and other relevant institutions to help member companies set and achieve their renewable energy goals. GREEN POWER MARKET DEVELOPMENT GROUP INDIA

Transcript of GREEN POWER MARKET DEVELOPMENT GROUP … evaluate and pursue renewable energy opportunities. GPMDG...

Page 1: GREEN POWER MARKET DEVELOPMENT GROUP … evaluate and pursue renewable energy opportunities. GPMDG expanded its work to Chennai in 2014 given the historical growth of renewable energy,

The Green Power Market Development Group (GPMDG) India is a partnership between World Resources Institute (WRI) and Confederation of Indian Industry (CII) that works with large

commercial and industrial energy consumers in India to rapidly scale up the use of renewable energy in the overall energy consumption.

GPMDG India is an industry-led initiative to scale up Indian green energy market by devising innovative approaches that rapidly increase the share of renewable energy in the overall energy consumption of commercial

and industrial establishments. This will be accomplished by addressing the policy and market barriers that currently impede the growth of renewable energy sector. GPMDG will closely work with Government and other

relevant institutions to help member companies set and achieve their renewable energy goals.

G R E E N P O W E R M A R K E T D E V E L O P M E N T G R O U P I N D I A

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O U R W O R K | GPMDG promotes the goal of increasing the use of renewable energy by sharing best practices and collaborating with government, technology providers and financiers to develop a stronger business case for diversifying the energy mix with clean energy. WRI, CII and corporate members work closely together to identify, evaluate and pursue renewable energy opportunities.

GPMDG expanded its work to Chennai in 2014 given the historical growth of renewable energy, committed business community, vast untapped potential for renewable energy and an opportunity to develop a favorable policy environment in Tamil Nadu. Through its work, transactions to procure

R E N E W A B L E E N E R G Y I N I N D I A

PROMOTING RENEWABLE ENERGY IN KARNATAKAThe group was initially convened in Bangalore,

Karnataka, and focussed its activities in the

surrounding region. Over the first year of its

operations, the Bangalore chapter successfully

facilitated projects worth 110MW (that are at

various stages of completion) in Karnataka.

Some corporate houses have used the

documentation developed by GPMDG for

their respective solar procurement projects.

We have worked with large corporate houses

to help define appropriate renewable energy

procurement targets.

GPMDG members have influenced regulators

to create stable and long term conducive policy

framework for solar power deployment in

Karnataka.

wind and solar energy are under various stages of procurement by corporate buyers. In a first of its kind initiative, GPMDG is working with the Mahindra World City (MWC)’s Chengalpet campus to assess the feasibility of expanding the presence of renewables in the park’s energy mix.

INSTALLED ELECTRICITY CAPACITY IN INDIA (MW)* AS OF 31 JULY 2015

RENEWABLE ENERGY SUPPORTED BY GPMDG (MW) AS OF 31 JULY 2015

*www.cea.nic.in, www.mnre.gov.in

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250 MW870 MW

W H A T A C T I V I T I E S W I L L T H E G R O U P P U R S U E ?

• The group will engage in conversation with renewable energy project developers, electricity suppliers, corporate buyers and policy makers around new / innovative purchasing strategies, new / innovative technologies, policy barriers and potential solutions to those barriers.

• The group will identify barriers to clean energy solutions, and public policies that help overcome challenges to corporate use of renewable energy.

• The group will interact with decision makers in regulatory bodies and government agencies to discuss those concerns and solutions.

• The group will meet at least three times annually to learn and share from CII, WRI, other participants and guest experts about renewable energy markets, technologies, products, economics, incentives and providers.

• In partnership with WRI, CII and other members, companies will have an opportunity to evaluate and pursue renewable energy projects between group meetings.

• Partners will share “on-the-ground” renewable energy procurement experiences, strategies, innovative financing approaches, and lessons learned. Members will be covered by a mutual non-disclosure agreement.

• Companies will have the opportunity to aggregate partner demand to capture purchasing economies of scale.

• Companies will be able to share analytical tools for evaluating financial and environmental parameters of green power projects.

• Individual members can use shared knowledge and experiences to develop internal business cases for green power.

C O L L A B O R A T I V E S O L A R P U R C H A S I N G P R O J E C T | GPMDG launched this unique initiative in Bangalore that aggregates the demand for on-site solar photovoltaic (PV) systems across neighboring businesses, with an aim to:

INCREASEthe scale and accelerate the rate of

deployment of solar technologies

ENCOURAGEcorporations to make investments in

renewable energy generation

REDUCEgreenhouse gas emissions

DECREASEtransaction costs of rooftop solar

projects

SUPPORTtechnology advancements

H O W D O M E M B E R S D E R I V E V A L U E F R O M T H E G R O U P ?

Once an organization joins the group, it would enjoy many benefits that the partnership can offer, including:• Accelerated learning about green power markets,

technologies and products• Opportunities to aggregate purchases and

collaborate with peers to scale approaches that reduce costs

• Access to network of corporate energy and environment managers experienced at pursuing green power opportunities

• Technical assistance in evaluating green power projects

• Lessons learned and innovative strategies shared by member companies

• Timely information about green power products, suppliers and incentives

• Information about new green power projects• Public recognition for green power purchases and

investments• Access to global best practices and network• Brand image and reputation

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A B O U T W R I

World Resources Institute (WRI) is a global research organization spanning more than 50 countries, with offices in the US, China, India, Brazil, Europe, and Indonesia. Our more than 450 experts and staff work closely with leaders to turn big ideas into action to sustain our natural resources—the foundation of economic opportunity and human well-being.

Cover photo by Sunil Reddy, India

C O N T A C T S

R RAVI CHANDER | [email protected]+91-98499 09674

DEEPAK KRISHNAN | [email protected]+91-9986011802

A B O U T C I I

The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the growth of industry in India, partnering industry and government alike through advisory and consultative processes.

CII- Sohrabji Godrej Green Business Centre (CII Godrej GBC) is one of the 10 Centres of Excellence of CII which offers advisory services to the industry in the areas of Green buildings, Renewable Energy, Energy Efficiency, Water Management, Environmental Management, Green Business Incubation and Climate Change activities.

A B O U T G P M D G

The Green Power Market Development Group (GPMDG) India, launched in January 2013, is a partnership between World Resources Institute (WRI) and Confederation of Indian Industry (CII) that works with large commercial and industrial energy consumers in India to rapidly scale up the use of renewable energy in the overall energy consumption. This initiative is supported by Shakti Sustainable Energy Foundation, Caterpillar Foundation, and the U.S. Department of Energy.