India Hosts 6th Session of International Solar Alliance Assembly

  • The Sixth Assembly of the International Solar Alliance (ISA) was hosted at Bharat Mandapam, in New Delhi
  • Presided over by the Union Minister for Power and New & Renewable Energy, Government of India, Shri R. K. Singh in his capacity as the President of the ISA Assembly.
  • Ministers from 20 countries and delegates from across 116 Member and Signatory countries participated in the Assembly.
  • “Around 80 percent of the global population reside in countries that depend on fossil fuel imports.
  • Renewable energy sources have the potential to supply 65 percent of the world’s total electricity by 2030.
  • It is decided to increase viability gap funding (VGP) for projects from 10% up to 35% so that funding is available for projects in developing countries.

FOUR PROJECTS SET UP WITH ISA’S ASSISTANCE WERE INAUGURATED, NAMELY:

  1. Solarisation of the parliament building of the Republic of Malawi.
  2. Solarisation of two rural health care centres in the Republic of Fiji, with an 8-kW solar PV system and 20-kWh battery storage capacity for each health centre.
  3. Installation of 1 solar-powered cold storage of capacity 5 MT for the benefit of agricultural stakeholders at La Digue Island, Republic of Seychelles.
  4. Solarisation of the Nawai Junior Secondary School (JSS) in the Republic of Kiribati, with a 7 kW Solar PV rooftop system paired with a 24-kWh BSS.
  • “The organization has been providing expertise, handholding and training support.
  • Training centres have been set up across Africa.”
  • Part of ISA’s initiative to launch Demonstration Projects in May 2020, to meet the needs of Least Developed Countries (LDCs) and Small Island Developing States (SIDS)
  • ISA today has 116 member countries, and many others who have signed the ISA Framework Agreement and are going to ratify it soon 
  • Underlined the importance of provision of green funds by developed countries as per their COP21 commitments 
  • ISA is facilitating over 9.5 GW of solar applications in 55 developing countries, including LDCs and SIDS
  • It provided training to nearly 4000 people across the developing world to make a living out of supporting solar energy 
  • working on developing STAR Centres in countries which will be a hub of technology, knowledge, and expertise on solar energy 
Posted in Current Affairs.