Cleantech sector has taken enormous strides in the last decade thanks to a combination of global leadership in tackling climate change, policy and regulatory drive, technological advances and rapid reduction in the cost of the various technologies.
However, due to the high upfront cost of most Cleantech assets, financing continues to be a challenge to a faster growth of Cleantech sector. India will be able to achieve its ambitious target of deployment of 175 GW of Renewable Energy generation assets by 2022 and realize the Rs.74,000 Crores savings through energy efficiency & savings only if financing becomes easier.
Aspiration Cleantech Ventures(ASPCV) tackles the biggest challenge faced by the Cleantech sector – Financing. ASPCV is a financing platform connecting investors and end customers. ASPCV develops and/or finances projects across multiple asset classes in the Cleantech sector.
Founded by veteran entrepreneurs with decades of experience between them in the cleantech sector, Aspiration Cleantech Ventures operates in the following areas
- Distributed Renewable Energy Generation(Solar PV, Solar Thermal, Wind, etc)
- Energy Efficiency & Savings(LED lighting, Heat Pumps, etc)
- Energy Storage & E-Mobility(Electric Vehicles)
- Water Treatment