Rockefeller’s Smart Power for Rural Development Initiative provides affordable financing to ESCOs and links them to an ecosystem of Rockefeller grant-funded partners, which provide project and business development support as well as policy and regulatory recommendations. Rockefeller’s partners are coordinated by Smart Power India, a Rockefeller-incubated entity and wholly-owned subsidiary. The Foundation set an ambitious target to reach one thousand villages within the first three years of the initiative, with a goal of building a viable market quickly and spurring interest, action, and innovation among key players in the ecosystem.
