EESL Signed MoU with DNRE Goa to implement the country’s first Convergence Project

Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power and Department of New & Renewable Energy (DNRE), Goa, have signed a memorandum of understanding to discuss rolling out of India’s first Convergence Project in the State.

Daily Current Affairs Quiz 2020

Key-Points

Under the MoU, EESL and DNRE will carry-out the feasibility studies and subsequent implementation of decentralized solar energy projects.

The projects will accelerate the usage of renewable energy sources, especially for agricultural and rural power consumption in the State.

Through its convergence initiative, EESL seeks to connect seemingly independent sectors like Solar Energy, Energy Storage and LED lights to provide solutions, which can enable in decarbonisation and affordable energy access.

Under this programme, EESL is offering convergent interventions, which solve multiple gap areas in the energy ecosystem.

It is currently providing solutions such as solarised agriculture feeders, LED street lights in local villages and battery energy storage system.

EESL is also leveraging the carbon financing mechanism to rapidly strengthen rural infrastructure in a clean and sustainable manner, to create a resilient and sustainable rural community in India.

Its climate financing interventions currently include Gram UJALA, Decentralised Solar and Gram Panchayat Street Lights programmes.