ISA Signs Pact With Japan’s JICA, JBIC & NEDO To Develop Solar Energy

The Embassy of Japan in India has announced that a ‘Memorandum of Cooperation’ was signed between the Government of Japan, Japan Bank for International Cooperation (JBIC), Japan International Cooperation Agency (JICA) and the New Energy and Industrial Technology Development Organization (NEDO) and the International Solar Alliance (ISA). According to the official statement, the pact was signed for cooperation in the field of solar energy.

The was signed by Kawaz Kunihiko, Chargé d’Affaires ad interim of Japan to India, Deputy Chief of Mission, Embassy of Japan (on behalf of the Government of Japan); Kurihara Toshihiko, Chief Representative, JBIC New Delhi Representative Office; Saito Mitsunori, Chief Representative, JICA India Office; Kaku Yoshiro, Chief Representative, NEDO New Delhi Office; and Ajay Mathur, Director General, International Solar Alliance.

The official statement said, “The objective of this Memorandum is to establish a framework for a cooperative, institutional relationship to encourage and promote concrete multilateral cooperation between the Government of Japan, JBIC, JICA NEDO and ISA in the field of renewable energy.”

The embassy also said that the Cooperation in this Memorandum will include areas that directly relate with the development of renewables. The specific areas of cooperation will be: solar technologies and related technologies as a means of promoting renewable energy; energy efficiency, energy saving and energy storage technologies; and technological innovations in the solar energy industry and promotion of the clean-tech ecosystem in the Member States of ISA.

International Solar Alliance (ISA)

The ISA initiative was launched by India together with France during the 21st Conference of the Parties (CoP) at the United Nations Framework Convention on Climate Change (COP21) in November 2015. The objective is to develop a platform for cooperation among countries rich in solar-derived resources, aiming at the rapid and significant expansion of the scale of solar energy consumption in the international community. “The Framework Agreement on the Establishment of International Solar Alliance (ISA)” has been signed by 106 countries including Japan as of now. Out of these, 86 countries have even ratified it.