23 Heads of State to Attend Solar Summit on March 11

Romania Joins As The 118th Member Country Of International Solar Alliance

It will focus on various aspects of promoting solar energy in 121 countries associated with International Solar Alliance (ISA) like credit mechanism, crowd funding and sharing of technology breakthroughs.

In a bid to promote solar energy, India and France will co-host the first International Solar Alliance (ISA) Summit on March 11 at Rashtrapati Bhavan’s Cultural Centre in New Delhi. The event will be attended by the heads of the states from 23 nations including France, Australia and Sri Lanka.

According to an official, “Besides 23 heads of states senior country representatives including deputy prime ministers and energy ministries have confirmed their participation so far in the day lone 1st ISA Summit on March 11, 2018.”

He said several global bankers have also confirmed their participation at the event including Werner Hoyer, President & Chairman, European Investment Bank, K V Kamath, President, BRICS Development Bank, Nandita Parshad, Managing Director, Energy & Natural Resources, European Bank for Reconstruction and Development and Banbang Susantono, Vice President, ASIAN Development Bank.

President Ram Nath Kovind will co-host the summit with French President Emmanuel Macron. It will focus on various aspects of promoting solar energy in 121 countries associated with International Solar Alliance (ISA) like credit mechanism, crowd funding and sharing of technology breakthroughs.

ISA is a treaty-based international body for promotion of solar energy in alliance with 121 countries, which are fully or partially between the Tropics of Cancer and Capricorn.

The Summit will discuss various projects being prepared by different countries in areas including rural electrification, off grid solar, water supply and irrigation.

India has set an ambitious target of having 100 GW of solar energy capacities by 2022. It is close to achieving 20 GW in the current fiscal itself and plans to auction 30 GW solar projects each in 2018-19 and 2019-20.

Source: PTI