Stakeholders Can Make Informed DRE Investments with the Help of DREEM

It is unfortunate that a substantial percentage of rural India has no access to electric power, but it also means that there is an untapped market for those entrepreneurs who wish to take advantage of this situation. Many of these remote areas are now being provided with electricity via DRE (decentralized renewable energy) resources like solar, wind and biomass power. Entrepreneurs present in such remote areas need a renewable energy enterprise evaluation when looking to expand operations. For this, there is an excellent platform – DREEM, which helps all stakeholders get an idea of the different areas in the country that offer a scope of investment as well as the most noteworthy risks in these areas if any.

Going forward, DRE is going to play a vital role in ensuring that the remotest corners of the country get access to electricity which will be provided by small and medium-sized businesses that specialize in building and operating decentralized off-grid power infrastructures such as mini solar, wind and biomass-based plants. Such enterprises usually undertake some steps to get an idea of the possible areas where they can make further investments. In a country of India’s size and dimension, it’s challenging to undertake such a study since the regions offering investment opportunities are scattered across the vast landmass stretching thousands of kilometers.

For a comprehensive renewable energy enterprise evaluation in India, stakeholders may look to the DREEM platform, which includes all possible information about investment opportunities in the DRE sector all over the country. To begin with, a stakeholder needs to open an account on the website to get unrestricted access to all the information and renewable energy enterprise evaluation tools that will help him take an informed investment decision. For instance, there is a feature that helps investors find the right geographies for making their investments, which is the most basic requirement. It is a fantastic tool that gives first-hand information on:

• Investment opportunities in the DRE sector at the district level which is the kind of study no small investor would undertake on his own
• Existing DRE businesses like solar mini grid, wind and biomass plants in a district and the precise number of such installations, if any

The tool is simple to use as it has been integrated into a map of India with district-level bifurcation of DRE variables that gives an idea of the level of competition.

It is not just the entrepreneurs who need renewable energy enterprise evaluation across India to understand the potential scope. Funding agencies like banks and investors who will provide the bulk of the investment capital for these DRE projects would also like to know if their investments will bring in the kind of ROI (Return on Investment) to justify the risk they will undertake.

Dreem helps off-grid enterprises as well as financial institutions assess the potential of a given business by evaluating geography of operations or expansion, intended or current energy resource utilized and the off-grid product/ solution offered.