Access to Clean Energy Through Micro-finance (Cleanstart-ACE)

Duration 2014- 2017
Address Kalikot, Myagdi, Tanahu, Palpa, Nawalparasi, Chitwan, Kavre, Ramechap, Mahottari, Udayapur, Sunsari, Morang, Jhapa, Ilam, Panchtnar
Partner Organization UNCDF, ACE Development Bank, Alternative Energy Promotion Centre (AEPC), Local Financial Institutions (LFIs) and Winrock International.
Project Description

Project Objectives:

1. To promote renewable energy technologies (RETs) based on requirement to increase     energy access

2. Increase financial access of rural communities for access to energy and enhanced livelihoods

3. Assist ACE to increase investment in RETs and other clean energy projects

Expected Outcomes:

1. Increased credit financing for RETs through LFI networks

2. Enhanced capacities of LFIs and ACE Development Bank to finance RETs as loan product

3. During the project period 1,696 biogas plants, 1,806 SHSs, and 13,566 ICS will be installed

4. Establish wholesale loan relationship between banks and LFIs for renewable energy & SMEs financing

Coverage Ilam, Jhapa, Morang, Panchthar, Sunsari, Udayapur, Chitwan, Kabhrepalanchowk, Mahottari, Ramechhap, Myagdi, Nawalparasi, Palpa, Tanahu, Kalikot
Focal Person Mr. Pashupati Prasad Khatri (Project Manager)
Project Status Ongoing
Download file for more information CleanStart Factsheet_ACE_19 Sept. 2016.pdf

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