Boond, a friend and ally of Arc Finance and a social enterprise organization expanding alternative energy in Rajasthan, Uttar Pradesh, and other northern states of India, was recently invited to join Indian Prime Minister Narendra Modi in San Francisco as he gave a speech highlighting innovative Indian start-ups that focus on clean energy and technology.
The Prime Minister addressed entrepreneurs and technology leaders in Silicon Valley as part of the day-long event promoting the “India-US Startup Konnect 2015,” a program to promote and further develop the strengths of India’s start-up ecosystem and encourage Indian-US collaboration. Organizers Nasscom and the Indian Institute of Management-Ahmedabad’s Centre for Innovation, Incubation and Entrepreneurship (CIIE) nominated Boond for this significant honor. Simpa Networks, an Arc partner under the Renewable Energy and Microfinance Microenterprise Program (REMMP), has also been in the news this week, winning the WWF Climate Solvers and Savers award by WWF India in Delhi. Simpa is a pioneer in enabling thousands of Indians to access affordable clean energy through a proprietary pay-as-you-go model called “Progressive Purchase,” and was one of two winners in the Energy Access category, recognized for its innovative business model by a diverse group of government officials and public sector stakeholders. After winning the award, Simpa was congratulated by Shri Prakash Javadekar, the Indian Minister of Environment, Forest & Climate Change, in a video message conveyed during the award ceremony. We’d like to congratulate both of these remarkable organizations for their recent successes, and fast-growing international reputations. They represent just a small glimpse of the innovation and entrepreneurship underway in the Indian clean energy space today.
We are excited to announce that two videos featuring Arc Finance partners have been selected as among the top four finalists for the Off-Grid Experts Awards 2015 – organized by Phaesun and taking place in Memmingen, Germany September 25 to 26. Over the course of the Off-Grid Experts Workshop 2015, all top four films will be shown to workshop visitors, who will vote on the winner at the event. Both videos are finalists in the “Filmlet-Energy Independence” category.
Arc Finance’s profile of microfinance institution Utkarsh’s solar lending program, “Utkarsh Brings Light to Uttar Pradesh, India,” was shot by our photographer and videographer Souradeep Ghosh, and was produced as part of our Renewable Energy Microfinance and Microenterprise Program (REMMP), which is funded by USAID. “Remittances and Solar Energy,” our profile of Haitian money transfer org Sogexpress’ remittance and energy program, is a result of a public-private partnership between Arc Finance, Sogexpress and the Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB), and the filmlet was funded by the MIF/IDB. The video highlights the key innovation of using remittance corridors to finance clean energy products.
We are delighted for Utkarsh, Sogexpress and all the other entities involved in the production of these two informative, elegant and warm films, which show the impact that small-scale clean energy can have on people’s lives.
We congratulate all finalists in all categories, and send our thanks to our digital media team, our partners, and the talented Souradeep Ghosh for all their work in getting us this far!
This series of four videos captures a full-day 2015 workshop entitled “Innovations in Financing: The Nexus Between Energy, Distribution And Finance.” Organized by Arc Finance in conjunction with USAID, the day featured stakeholders from across the sector discussing the latest innovations in consumer and institutional finance for providing small-scale clean energy access to the poor. Watch our video series. ►
This series of seven videos captures a full-day 2015 workshop entitled “Innovations In Scaling Off-Grid Clean Energy: Business Models to Promote Consumer Financing.” Organized by Arc Finance in conjunction with USAID, the day featured stakeholders from across the sector discussing the latest innovations in scaling off-grid clean energy access to the poor. Watch our video series. ►