The Founding Conference of
the International Solar Alliance was held in New Delhi on March 11, 2018. Apart
from Emmanuel Macron, President of France, and Prime Minister Modi, 21 Heads of State and Heads of Government, 6 Vice
Presidents and Deputy Prime Ministers, 19 Ministers as Heads of Delegation
attended the conference in addition to many other ministers who were
accompanying the Heads of State and Heads of Government.
Ten heads of multilateral banks, top representatives from UN agencies, the corporate sector (particularly in Renewable Energy), civil society, academic and research institutions and think tanks were present from India and from all over the world.
The leaders of the
founding states of the International Solar Alliance adopted the Delhi Solar
Agenda. The agenda re-emphasizes the determination of the ISA member states to
increase the share of solar energy in their respective national energy mix to
facilitate affordable financing including innovative financing mechanisms to
facilitate joint research and development effort to undertake off grid solar
applications for poorer and or remote communities, to enhance skills, to
undertake capacity building and to strengthen ISA to become an action oriented
and member driven multilateral organization.
The Prime Minister of
India in his inaugural address inter-alia announced India's commitment to extend
nearly US$ 1.4 billion worth of lines of credit, which will cover 27 projects
in 15 countries. This initiative has been widely welcomed by the International
Solar Alliance Founding States and the beneficiary countries. This is indeed
one of the largest commitment to financing solar energy projects around the
world.
A project preparation facility was also announced by the Prime Minister to assist our development partners towards preparation of project documentation as consultancy support. He also announced a path breaking initiative relating to solar technology mission. The focus is on development of solar technology, which is appropriate, innovative and affordable for scaling up commercially and to become genuine alternative to unsustainable energy sources. Consequently, solar technology innovation and development, including creation of a solar research and development base, is essential. The Solar Technology Mission announced by the Prime Minister envisages a national mission with international focus.
A project preparation facility was also announced by the Prime Minister to assist our development partners towards preparation of project documentation as consultancy support. He also announced a path breaking initiative relating to solar technology mission. The focus is on development of solar technology, which is appropriate, innovative and affordable for scaling up commercially and to become genuine alternative to unsustainable energy sources. Consequently, solar technology innovation and development, including creation of a solar research and development base, is essential. The Solar Technology Mission announced by the Prime Minister envisages a national mission with international focus.
The Prime Minister further proposed a 10-point action plan:
1.
Ensure that better and affordable solar
technology is available and accessible to everyone.
2.
Increase the solar proportion in our energy mix.
3.
Encourage innovation so that solar solutions can
be provided for various needs.
4.
Provide concessional financing and low-risk
finance for solar projects.
5.
Develop regulatory aspects and standards in
order to speed up adoption and development of solar solutions.
6.
Develop consultancy support for bankable solar
projects (This is for all the developing countries.)
7.
More emphasis on greater inclusiveness and
participation in our efforts.
8.
Build an extensive network of centres of
excellence that can take care of the local conditions and factors.
9.
View our solar energy policy from the angle of
the totality of development so that we get more and more contribution towards achievements
of SDGs.
10.
Make the ISA Secretariat strong and
professional.