Newdelhi:31/10/19:President of ISA and Minister of Power, New & Renewable Energy and Skill Development Entrepreneurship, Government of India Shri R.K. Singh has emphasized the increasing importance of solar energy. He said this is very important in view of the climate change issues faced globally.The minister was speaking at the 2nd Assembly of International Solar Alliance (ISA) held here today. He also elaborated the number of steps that India has taken to support the International Solar Alliance which India along France launched.
Delegations from 78 countries are participating in this Assembly, this includes 29 Ministerial delegations of which 25 are from ISA member countries, 2 from signatory countries and further 2 from prospective member countries. The Assembly also has participation from important ISA Partners, and other invitees.
Two countries – Eritrea and St. Kittis and Nevis, signed the framework agreement of ISA today. With this 83 countries have signed the ISA framework agreement.
Under the impending threat of climate change, renewable have assumed atmost importance in the global agenda. The International Solar Alliance (ISA is India’s contribution to the global efforts for decarbonizing the energy systems and allowing countries around the world in align domestic priorities with global sustainability commitments. Conceived as a vision of the Hon’ble Prime Minister, ISA is reflection of India’s commitment for universalizing the use of solar energy. It has the potential to transform the world’s energy scenario while yielding social and economic gains for the global population.
At the United Nations Climate Action Summit 2019, Prime Minister of India Shri Narendra Modi pledged to increase renewable energy capacity to 175 GW by 2022 and committed for further increasing it to 450 GW. Today, India stands among the top five countries of the world in terms of solar energy capacity and total renewable energy capacity. Facilitation for procurement of power through transparent tariff based competitive bidding has led to a remarkable reduction in cost of solar and wind power. With over 82 GW renewable capacity on ground and about 70 GW at different stage of fruition. India is well on the way to realize the ambitious target of 175 GW by 2022. India is making all efforts to ensure that ISA through its focused vision and action oriented approach will succeed in addressing the biggest challenges confronting humanity – sustainable energy, energy poverty and climate change.
Brune Poirson, the Co-President ISA and the French minister for ecological and inclusive transition thanked India for its leadership in the field of solar energy. She also talked about the ISA objectives which included lowering the cost of energy, increasing investment in the renewable energy, and training and sharing of knowledge and technological knowhow among the member countries.