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ISA members pledge to use more solar power to create jobs, empower poor

International Solar Alliance (ISA) is working for deployment of over 1,000 GW of solar energy and mobilising more than $ 1 trillion into solar energy by the year 2030.

business Updated: Mar 11, 2018 18:40 IST
Solar panel installations at the Asangoan station in Mumbai. The ISA is working for deployment of over 1,000 GW of solar energy and mobilising more than $ 1 trillion into solar energy by the year 2030.
Solar panel installations at the Asangoan station in Mumbai. The ISA is working for deployment of over 1,000 GW of solar energy and mobilising more than $ 1 trillion into solar energy by the year 2030.(HT FIle Photo)

Member states at the founding conference of the International Solar Alliance (ISA) on Sunday pledged to pursue an increased share of solar energy in their overall power consumption thereby realising the huge potential the sector offers to create jobs and empowering poorer communities.

A three-page ‘Delhi Solar Agenda’ issued at the end of the conference stated that the ISA reiterated its commitment to the 2030 UN Agenda for Sustainable Development that calls for eradication of poverty in all its forms and dimensions and for transforming our world in which development and application of technology are climate-sensitive, respect biodiversity and are resilient.

Launched by Prime Minister Narendra Modi and then French President Francois Hollande at the Paris climate summit in 2015, the ISA was conceived as a coalition of solar resource-rich countries to address their special energy needs and provide a platform to collaborate on dealing with the identified gaps through a common, agreed approach.

It is open to all 121 prospective member countries falling between the Tropics of Cancer and Capricorn. Of these, 61 have signed the framework agreement and 32 have also submitted their instruments of ratification.

The Agenda emphasised that “our endeavour has the potential to achieve sustainability by generating growth, enhancing skills, creating jobs, unleashing entrepreneurship, fostering innovation and increasing incomes”.

It acknowledged “the importance of access by women and youth to advance knowledge and solar energy technologies, especially in poorer communities, rural and remote areas”.

The ISA member states also agreed “to increase their efforts to pursue an increased share of solar energy in the final energy consumption in our respective national energy mix, as a means of tackling global challenges of climate change and as a cost effective solution by supporting and implementing policy initiatives and participation of all relevant stakeholders, as applicable, in our respective states”.

The Agenda also called for facilitating affordable finance, access to appropriate, clean and environment friendly technology and undertaking capacity building, including forging mutually beneficial partnerships with reputable international institutions and reputable financial institutions for the benefit of developing countries.

It also called for exploring innovative financing mechanisms that can generate a sustainable market for the deployment of cost effective solar technologies, coupled with constructive policy initiatives to catalyse public and private investments to reduce the cost of solar projects in developing countries.

The member states agreed to facilitate joint research and Development, to consider off-grid solar applications to cater to the energy requirements of poorer and remote communities and to facilitate awareness and skills enhancement of local communities in the monitoring and maintenance of solar technologies.

Earlier in the day, addressing the inaugural session of the conference, Prime Minister Narendra Modi presented a 10-point action plan to promote the use of solar energy.

Modi said there should be a full ecosystem for availability and development of technology, economic resources, development of storage technology, mass manufacturing and innovation.

He called for concessional financing at lower risk for solar projects and said regulatory aspects and standards should be developed to find solutions fast.

French President Emmanuel Macron, who co-chaired the conference with Modi, announced an additional investment of 700 million euros for global solar energy generation by 2022 to reduce the use of fossil fuel and help combat climate change.

Without taking US President Donald Trump’s name, Macron said that while some left the climate deal, others stayed because they wish good for their children and grandchildren.

Under the ISA, 100 centres for excellence would train 10,000 technicians to achieve the target of 1,000 GW of solar energy that needs $1,000 billion, Macron said.

He lauded India’s solar commitments that has 20 GW installed solar capacity - one of the fastest growing in the world. The country has increased its solar power capacity by about eight times over the past four years.

India’s wind power generation capacity is 32.8 GW. It aims to achieve 175 GW of clean energy by 2022, of which 100 GW will be solar.