India has at least a USD 50 billion market opportunity for clean energy innovations to power rural livelihoods. The USD 3 million Powering Livelihoods initiative aims to catalyse this market by providing capital and technical support to social enterprises deploying clean energy-powered livelihood appliances to enable large-scale commercial deployments.

The launch will also introduce the six cohort enterprises under Powering Livelihoods. These enterprises are deploying a wide variety of clean energy-powered livelihood solutions including water pumps, multipurpose food processors, commercial refrigerators and textile machinery (reeling, spinning and weaving).