International Solar Alliance launched


According to the organisation, out of 60 member countries; 30 have countries have signed and ratified the ISA Framework Agreement up to date.

ISA is a treaty-based worldwide body for promotion of solar energy in coordination among 121 countries, which are fully or partially between the Tropics of Cancer and Capricorn.

The French President co-chaired the summit with Prime Minister Narendra Modi at the Rashtrapati Bhavan that was also attended by the heads of 23 nations and 10 ministerial representatives. "While solar is fast becoming one of the most cost-effective ways to generate new power and deliver energy access, to deploy fast enough, complementarity must exist between our work and the broader renewable energy mandate and development tools established by IRENA".

"There are financial and regulation hurdles and capacity hurdles", said visiting French President Emmanuel Macron at the founding conference of the International Solar Alliance here on Sunday.

The alliance involves 121 prospective member-countries that fall between the Tropics of Cancer and Capricorn, and are exposed to the "maximum solar intensity of over 300 days a year", acording to a bureaucrat at the Indian external affairs ministry. He said better and cheaper solar technology should be easily available to all nations. One of ISA's primary aims of ISA is to raise around $1 trillion investment to be used by 2030 to promote solar energy and reduce the use of fossil fuels.

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During the summit, New Delhi also announced 27 solar projects under the Indian government's credit lines in 15 countries, including Bangladesh, Chad, Congo, Ghana, Mali, Rwanda and Sri Lanka. Solar energy policy has to be to looked at in totality for development so that it can contribute to achievement of sustainable development goals (SDGs), he said. "They didn't wait and they didn't stop because some countries decided just to leave the floor and leave the Paris agreement".

Macron took a jibe at US President Donald Trump at the summit for his decision to withdraw from the Paris climate change agreement.

It acknowledged "the importance of access by women and youth to advance knowledge and solar energy technologies, especially in poorer communities, rural and remote areas".

"We have to encourage innovation so that solar solutions can be provided for various needs". It aims to achieve 175 GW of clean energy by 2022, of which 100 GW will be solar. Regulatory aspects as well as standards have to be framed which will expedite adoption of solar solutions, Modi said, adding that consultancy support has to be development for putting up bankable solar projects in developing countries.