Published: Mon, March 12, 2018
Health Care | By Oscar Goodwin

Foreign dignitaries arrive to attend Solar Alliance Summit

Foreign dignitaries arrive to attend Solar Alliance Summit

The International Solar Alliance is concrete effort to fulfil the goals agreed to by all countries at Paris.

Heads of the states of as many as 23 nations including France, Australia and Sri Lanka will attend the first International Solar Alliance Summit on March 11 here.

The choice of Delhi as the venue for holding the ISA founding conference reinforces India's pole position built on the Modi government's plan to create 175 GW (giga watt) renewable energy capacity by 2022, the world's single-largest renewable energy project. "Consultancy support should be developed for bankable solar projects in developing nations". The cooperation, which goes for advancing sun based vitality and diminishment in the utilization of petroleum derivatives in vitality rich nations, was propelled in November 2015 at the Paris atmosphere summit by PM Modi and previous French President Francois Hollande.

A Delhi Solar Agenda was unveiled under which ISA countries made a decision to "facilitate affordable finance, access to appropriate, clean and environment friendly technology and undertake capacity building, including forging mutually beneficial partnerships with reputable global institutions and reputable financial institutions for the benefit of developing countries".

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The summit will be held at Rashtrapati Bhavan's Cultural Centre.

Macron, who in December warned that the global shift to a green energy future was too slow, said France would extend an extra €700 million (US$861.5 million) through loans and donations by 2022 for solar projects in emerging economies. "We should not forget that we only have one planet and we are sharing it and for that there is no alternatives". As much as 20-50 per cent of the population do not have access to power, he said.

He hoped that the partnership between the ISA and the European Investment Bank will help promote solar energy in some of the poorest countries. There is a joint destiny which means we also have some joint duties.

He presented the member countries with his 10-point action plan that aimed at making solar technology more affordable to all countries while raising the share of power generated from photovoltaic cells, and framing rules and standards to govern the initiative. Launched at Paris round of the United Nations climate conference in 2015 by Prime Minister Narendra Modi and the then President of France Francois Hollande, the International Social Alliance is a concrete expression by India of its commitment to move away from traditional fossil fuel-energy systems. ISA already lists 121 mission projects. Out of those, 60 have signed the solar treaty and some 30 have ratified it.

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But the efforts of governments were not enough to achieve the 2030 goal and private sector industry, worldwide institutions and civil society would have to join in, Macron added.

Additionally, the President stated that 200,000 solar systems for households, commercial and government facilities in urban and selected non-electrified rural communities will be installed, as well as the establishment of 55 mini-grid electrification systems with an average capacity of 100 kilowatts.

India's wind power generation capacity is 32.8 GW.

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