French President Emmanuel Macron and PM Narendra Modi at the International Solar Alliance in New Delhi on Sunday. (ANI/Twiiter)
Prime Minister Narendra Modi and French President Emmanuel Macron has on Sunday co-chaired the first Founding Conference of International Solar Alliance (ISA) in New Delhi’s Rashtrapati Bhavan. The summit was attended by United Nations Secretary-General Antonio Guterres, Venezuelan President Nicolas Maduro and Bangladesh President Abdul Hamid among other dignitaries from over 50 countries.
One of the key takeaways at the 2015 Paris Climate summit, ISA is aimed at tapping solar energy in the countries that lie partially or fully between the Tropics of Cancer and Capricorn. The summit aims to mobilise $1 trillion of investments needed by 2030 for massive deployment of solar energy, according to the ‘ISA Mission’ on its website. Efforts were under way to put together 121 projects, which can be signed in two phases — about 50 on March 11 and another 71 on April 20.
ALSO READ: Eye on China, India and France focus on defence, maritime ties
The ISA is the first treaty-based intergovernmental organisation to be based in India that aims to help sunshine-rich developing countries to tap solar energy at more affordable prices through aggregating both demand and risks in order to bring down costs and secure investments of solar developers.
Follow International Solar Alliance LIVE UPDATES here:
For all the latest India News, download Indian Express App
Vishal RandiveMar 11, 2018 at 12:38 pmWhat else a science and engineering isolated person can say!Reply
Srinivas Prasad KMar 11, 2018 at 11:37 amISA is an economic mission which may in future counter the OPEC hegemony.Reply- Mar 11, 2018 at 11:36 amThe 3 major 'negative factors' that contrbute to 'global warming' are (1) chemical farming (2) meat. (3) Tobacco.Reply
- Mar 11, 2018 at 12:04 pmAnd Dams of the world. Understand my comments on dams below.Reply
- Mar 11, 2018 at 11:33 am“A so-called “Industrial Way Forward Agreement” was signed between French utility EDF (EDF.PA) and India’s NPCIL for the construction of six nuclear reactors at Jaitapur. Negotiations over the construction of next-generation nuclear reactors in India have been dragging on for years. It was not immediately clear whether the individual contracts were firm orders or letters of intent.” When we have such wheeler dealer leaders why do we need enemies? Scrap these meaningless solar, defense and security deals in the face of such Moorkhapaddhati . which is the hallmark of Jaitapur or Koodankulam or Kakrapara nukes. The Kakrapara reactors have been crushed by the dynamics of the world’s dams. So was ushima, Narora, and probably damaged Kudankulam reactor as well.Reply
- Mango ManMar 11, 2018 at 11:01 amThere is reason why people of India love ModiReply
- Mar 11, 2018 at 12:06 pmThere is nothing more frightful than ignorance in action- Goethe/The GitaReply
- Load More Comments
