Finance outlook india logo
Home News Exclusive Expert's Viewpoint Corporate Startup Fintech Personal Magazine WRAPUP’25 Budget'26 Budget'24
  • Budget'25 Budget'24
    • Home
    • News
    MNRE Launches Rs 2.3 Cr Startup Challenge for Rooftop Solar Renewable Energy

    MNRE Launches Rs 2.3 Cr Startup Challenge for Rooftop Solar, Renewable Energy


    Finance Outlook India Team | Monday, 23 June 2025

    Key Highlights

    • MNRE invites innovative startups to join ₹2.3 cr challenge, focusing on affordability, inclusivity, resilience, sustainability.
    • Prize pool includes ₹1 cr top award, incubation support, mentorship, pilot opportunities; entries close August 20, 2025. 

    The Indian Ministry of New and Renewable Energy (MNRE) started the Innovative Projects Start-Up Challenge that is dedicated to the implementation of the rooftop solar (RTS) and distributed renewable energy (DRE) technologies. This was announced in the National Conference on skill development of renewable energy workforce, held at Atal Akshay Urja Bhawan, New Delhi.

    Being a national-level call on innovation, sponsored by the National Institute of Solar Energy (NISE) and co-organized with Startup India and the Department of Promotion of Industry and Internal Trade (DPIIT), the challenge is aimed at finding breakthrough solutions to the challenges of decentralized energy and rooftop solar projects within India.

    Under this challenge, startups are invited in green tech, Internet of Things (IoT), Artificial Intelligence (AI), blockchain, fintech, construction, energy hardware and waste management categories. They concentrate on four major points: affordability to address the issue of modular systems and circular economy financing and be more resilient in terms of stabilizing the grid, cyber-security; inclusivity in community solar, and virtual net metering when it comes to underserved communities; and environmentally friendly with recycling and models with hybrid and clean energy.

    Also Read: Banks and Financial Institutions to Invest Rs 32.5 Trillion in Renewable Energy by 2030

    Selected participants will compete for a total prize pool of Rs. 2.3 crore (US$ 265,130), which includes Rs. 1 crore (US$ 115,274) for first prize, Rs. 50 lakh (US$ 57,630) for second prize, Rs. 30 lakh (US$ 34,582) for third prize, and ten consolation prizes of Rs. 5 lakh (US$ 5,763) each. MNRE and NISE will provide winners with incubation support, pilot opportunities, and expert mentorship. Applications close on August 20, 2025, with results announced on September 10, 2025.



    Read More:

    India Opens $500 Bn Investment Opportunity in Energy Sector: PM Modi

    Gold and Silver Prices Hold Steady in India on January 28

    KNOWLEDGE DECK

    Most Viewed

    • The Economic Impact of India-Pakistan War: A Detailed Analysis

    • Why Financial Literacy Matters More Than Ever for Today's Youth

    • Prominent Financial Advisors in India to Partner With

    • Rags to Riches: The Top 6 Indian Entrepreneurs' Motivational Tales of Success

    • Navigating Financial Disruption With Future Proof Financial Service Deliverability

    • India's Rs 31 Lakh Cr Green Push: Building the Foundation of a Net-Zero Future

    • Wakhariya & Wakhariya: Facilitating International Legal Processes across Diverse Domains

    • Aligning Financial Strategies with Sustainable Business Goals

    • The Top 5 Highest-paid Actors in India - 2024

    • Central Government Proposes Tax on Agricultural Water Usage

    • Carpediem Capital Invests INR 100 Crore, CorporatEdge to Deploy INR 350 Crore in the next 3 Years

    • EPFO Registers All-Time High Member Addition of 20.06 Lakh in May 2025

    • Unearthing Intricacies of Today and Beyond in the Indian Insurance Sector

    • Expected Correction in Housing Prices to Revive Sales in Coming Quarters

    • How to Choose the Right Mutual Fund for your Financial Goals?

    • Future of Corporate Finance: Emerging Trends in Treasury Solutions and Cash Management for MNCs

    • ElasticRun Announces FY24 Financial Results: Key Details

    • Financial Inclusion in Viksit Bharat

    • Abans Financial Services Advises Vaishali Pharma on Strategic Acquisition of Kesar Pharma






    🍪 Do you like Cookies?

    We use cookies to ensure you get the best experience on our website. Read more...

    Copyright © 2026 Finance Outlook India. All rights reserved.   Privacy Policy Terms of Use Blogs Conferences Subscribe About Us