NewGen Renewable Energy Accelerator

RENA, supported by the United Arab Emirates, has established the NewGen Renewable Energy Accelerator (NewGen) program to empower youth to be active participants in the energy transition. NewGen supports the development and implementation of youth-led solutions in the climate and sustainable energy sectors by acting as a global showcase for youth-led innovation.

The initiative has been established by IRENA in collaboration with Social Alpha, a non-profit organization based in India that supports social start-ups, and Enel Foundation, a global non-profit organization focused on supporting the development of studies and research mainly in the energy field. As knowledge partners, Social Alpha and Enel Foundation will provide technical expertise and mentorship to help young entrepreneurs and innovators succeed.

The goal of the program is to provide youth with the tools, knowledge, and support needed to develop and implement their ideas. Youth-led start-ups, scale-ups, and growth businesses
now can be supported by IRENA to foster their growth and business acceleration.

Benefits

• The goal of the program is to provide youths with the tools, knowledge, and support
  needed to develop and implement their ideas.

• The program consists of a series of training, mentoring, and knowledge-sharing activities, with market /investor linkages designed to scale business impact, boost youth climate /sustainable energy impact, and An opportunity to help them secure investments to implement their business plans and solutions. 

Eligibility

• Youth aged between 18 and 35 years old from all over the world.

• At least one founder of the start-up must be between 18 and 35 years old.

• Start-up main business line should be in the following categories:

Renewable Energy technologies: solar, wind, hydropower, green hydrogen, geothermal, and bioenergy

Climate adaption technologies: water, agriculture, livestock, extreme weather events, early warning system

Climate Mitigation technologies: transportation, decarbonization, circular economy, energy efficiency, energy transformation, and smart grids

Carbon Markets: carbon trading, carbon measurement, carbon credits, and carbon offsetting 

• At least two of the start-up founders are committed to 16 hrs each month to attending the accelerator sessions.

All the best in your application!