ISA to Provide Up to $50 k Grant to 11 Countries for Solar Projects By Soumya Duggal/ Updated On Mon, Oct 25th, 2021 Highlights : The aid will be given to 11 Least Developed Countries (LDC) and Small Island Developing States (SID) member countries to undertake Demonstration Solar projects. The selected countries are Comoros, Ethiopia, Fiji, Guyana, Jamaica, Kiribati, Malawi, Senegal, Togo, Tonga, and Niger. Romania Joins As The 118th Member Country Of International Solar Alliance The International Solar Alliance (ISA) will provide a grant of up to USD 50,000 to Least Developed Countries (LDC) and Small Island Developing States (SID) member countries to undertake Demonstration Solar projects. The Detailed Project Reports (DPRs) of 11 ISA member countries from this cohort – Comoros, Ethiopia, Fiji, Guyana, Jamaica, Kiribati, Malawi, Senegal, Togo, Tonga, and Niger – have been formally approved by Dr. Ajay Mathur, Director General, International Solar Alliance. A formal signing-in ceremony was hosted by the International Solar Alliance (ISA) at the Fourth Assembly of the ISA. The Demonstration Solar Projects initiative has four objectives: ISA Assembly Concludes With Trillion Dollar Pledge For 2030 Also Read provide technical and financial support to LDCs and SIDS Member Countries of the ISA to implement demonstration projects; support resilience building in key sectors such as agriculture and health in the backdrop of Covid crisis; create markets for innovative solar technologies and to increase their access in LDCs and SIDS Member Countries foster innovation in business model, finance, technology and implementation modalities. Speaking on the occasion, Dr. Ajay Mathur, Director General, the ISA said, “The ISA is continuously looking at ways and means to support the socio-economic goals of our member countries. These grants reflect our commitment to their accelerated solarization. The projects supported through these grants will also help identify the modifications in national policies and processes that will enable fast replication.” As on date, expressions of interest to initiative solar demonstration projects from 27 Member Countries have been received, and 77 bilateral meetings have been organized with the Member Countries to discuss the initiative in detail and to provide clarifications and assistance to develop the detail project reports. The project proposals received from Member Countries include 17 countries from the African region – Benin, Burundi, Burkina Faso, Comoros, Djibouti, Ethiopia, Gambia, Mali, Malawi, Mauritius, Mozambique, Niger, Senegal, Seychelles, Sudan, Togo, and Uganda; six countries from the Asia-Pacific region – Cambodia, Fiji, Kiribati, Nauru, Samoa and Tonga; and four countries from Latin America and the Caribbean region – Cuba, Guyana, Jamaica and Suriname. ISA and Bloomberg Philanthropies In Partnership for $1 Trillion Target Also Read Seven Member Countries – Burundi, Comoros, Djibouti, Ethiopia, Fiji, Senegal, and Sudan – have opted for demonstration project implementation by the ISA. These projects will be implemented through NTPC, which is ISA’s Project Management Consultancy. 13 Member Countries – Benin, Cambodia, Cuba, Guyana, Jamaica, Kiribati, Mali, Mozambique, Niger, Suriname, Tonga, Togo and Uganda- have opted for direct implementation. The other seven Member Countries are yet to decide the implementation modality. However, DPRs for 18 out of 27 countries are being prepared by NTPC. The proposal on the ISA’s initiative of providing technical and financial support of up to USD 50,000 for financing 47 demonstration solar projects for LDCs and SIDS Member Countries was approved during the Third Assembly of the ISA. The initiative was earlier recommended by the Third Standing Committee on 27 May 2020. The ISA is an inter-governmental treaty-based international organization with a global mandate to catalyse global solar growth by helping to reduce the cost of financing and technology for solar. Tags: Ajay Mathur, International Solar Alliance (ISA), Least Developed Countries (LDC), Small Island Developing States (SID)