At the fifth assembly of International Solar Alliance (ISA) being held in New Delhi, member countries are putting in place the key pieces that are necessary for wider adoption of solar energy.
"We now have a fair understanding of what countries want... Of course, the needs vary from country to country, but broadly we can put it into three main baskets: advocacy, capacity, and finance," said ISA director general Ajay Mathur.
The ISA was set up at the Paris climate summit in 2015 as a body focused on implementation.
India and France were re-elected as its President and Co-President on Tuesday.
Proposals for a payment guarantee mechanism, a system for improving capacity, and supporting the creation of an ecosystem that will build an economy around solar energy applications were taken up by the assembly.
As part of the advocacy effort to help governments explain to their domestic constituencies the need to focus on solar, the ISA is focusing on providing information. "From this year, we will bring out annual reports detailing the progress in solar technologies, solar markets and solar investments," said Mathur. These reports will be in addition to the "Ease of Doing Solar" that the ISA has been bringing out annually.
"Our studies indicate that solar plus storage will be the cheapest form of electricity in most parts of the world by 2030, and a further 40% to 60% cost decline is expected by 2050," the ISA DG explained.
"We now have a fair understanding of what countries want... Of course, the needs vary from country to country, but broadly we can put it into three main baskets: advocacy, capacity, and finance," said ISA director general Ajay Mathur.
The ISA was set up at the Paris climate summit in 2015 as a body focused on implementation.
India and France were re-elected as its President and Co-President on Tuesday.
Proposals for a payment guarantee mechanism, a system for improving capacity, and supporting the creation of an ecosystem that will build an economy around solar energy applications were taken up by the assembly.
As part of the advocacy effort to help governments explain to their domestic constituencies the need to focus on solar, the ISA is focusing on providing information. "From this year, we will bring out annual reports detailing the progress in solar technologies, solar markets and solar investments," said Mathur. These reports will be in addition to the "Ease of Doing Solar" that the ISA has been bringing out annually.
"Our studies indicate that solar plus storage will be the cheapest form of electricity in most parts of the world by 2030, and a further 40% to 60% cost decline is expected by 2050," the ISA DG explained.
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