Now is the Time for an Energy Revolution in India

Now is the time for an energy revolution in India.”

In the 21st century, we know that with power comes progress. We know that electricity can increase household per capita income by 39 percent. Businesses are able to operate at higher levels of productivity. Farmers can run irrigation systems and processing machines that improve their yields. Electricity enhances safety, learning, and has less impact on the environment than dirty diesel fuel.

This is why we are launching The Rockefeller Foundation’s Smart Power for Rural Developmentinitiative, a $75 million initiative to light 1,000 villages in India and impact the lives of one million people in three years.

We believe that now is the time for an energy revolution in India. Here are four reasons why:

First, demand. According to the International Energy Agency, energy demand in India is expected to more than triple in the next three decades.

Second, a convergence of new technologies and innovations. For example, the proliferation of mobile usage is dramatic and opens up countless of opportunities for innovation. Read more…