To promote solar power globally, the first establishment of the International Solar Coalition (ISA) an initiative by India’s will be held today (March 11th, 2018) in the Rashtrapati Bhavan. It has been officially confirmed that 23 President will participate in this. Besides, representatives of 121 countries, including ministers from 10 countries, will participate. President of France Immanuel Macroon, who came to India on a tour, will chair this conference with Prime Minister Modi.
The conference will prove to be crucial for promoting clean and effective use of solar energy. Many major bankers of the country and abroad will also be included in the first establishment conference of the ISA to be held in Rashtrapati Bhawan. Among them are the president and president of European Investment Bank Werner Hoyer, President of BRICS Development Bank KV Kamath, Energy and Natural Resources, Managing Director of European Bank for Reconstruction and Development and Nandita Prasad, Asian Development Bank’s Vice President Benbang Susantono. Apart from these, Australia, United Arab Emirates, Nigeria, Gabon, Seychelles, Ghana, Rwanda, Fiji, Bangladesh and Sri Lanka will also participate in this. India wants to involve in its own technologies and capabilities in the big projects running around the world. India is moving forward on this side. Conversations are also going on with several countries and India. Many countries are also interested in using India’s technology and capabilities. These include Tanzania, Togo, Benin, Congo, Chad and Seychelles. This establishment conference will highlight about 24 such projects of India in about 14 countries. Most of the countries involved in the International Solar Coalition are from Africa. These countries are poor and backward and needs support from other countries to meet the demand of clean energy.
India has decided to spend two billion dollars for the implementation of clean energy related projects including solar power projects in these countries. At the same time, India intends to produce 175 gigawatts of clean energy by 2022, which will generate 100-gigawatt solar power generation. ISA is known as a coalition of solar resource-rich countries. Coalition has been built so that it can meet its special energy needs. This coalition is open to 121 potential member countries that come near the Cancer line. Nearly 60 countries have signed the ISA Framework Agreement and 30 have submitted verification documents. The 23 countries that submitted the verification documents and the 24 countries that signed the Framework Agreement will be present at the inaugural Conference. PM Modi launched it at the United Nations Conference on Climate Change in Paris in November 2015. In the CoP-22 conference held in Morocco on November 15, 2016, a year later, its framework was signed before the countries. The ISA headquarters is located in the city of Gururgram in India. Its foundation was laid jointly by Prime Minister Narendra Modi and the then French President Francois Oland in January 2016. This is an ambitious project of the Prime Minister Narendra Modi to harness the solar energy and use it for the human welfare.