ENTICE 1.0
400+ Applications Received
13 Finalists
4 Winners
Key Highlights of ENTICE 1.0
Cost Reduction
Innovations led to a 30% decrease in BESS capital costs, with tariff reductions from 5.8 to 4 cents per unit.
Industry Collaboration
Established a network of 30+ partners, including VCs, industry leaders, and policymakers.
Investor Engagement
Connected participants with 20+ investors, leading to multiple funding discussions and one secured grant.
Capacity Building
Bootcamp facilitated peer learning, business model refinement, and startup acceleration.
Challenge Statements from ENTICE 1.0
Affordable Energy Storage: Develop a system under INR 15,000/KWh for 100 MWh capacity.
DRE Aggregation Platform: Create a scalable solution to integrate 100 MW of rooftop and land bank resources.
Tariff Reduction Strategies: Develop financial or technical solutions to bring down DRE tariffs to INR 4/unit or lower.
Smart Metering & AI Tools: Design AI/ML-based tools for load pattern analysis, metering, billing optimization, and efficiency assessment.
AmpereHour Energy:
Second-life battery technology, secured GEAPP’s BESS pilot project in New Delhi.
Cancrie
Developed waste-derived nanomaterials to enhance battery performance, achieving 125% energy efficiency gains.
VFlowTech
Advanced Vanadium Redox Flow batteries with improved thermal performance and energy density.
REConnect Energy
Aggregated 500 MW of DERs, with plans to scale to 100 MW.