SYLLABUS

GS-3: Infrastructure: Energy, Ports, Roads, Airports, Railways etc.

Context: 

Recently, The Union Ministry of New and Renewable Energy announced plans to replicate the PM-KUSUM and PM Surya Ghar schemes in Africa and island nations through the International Solar Alliance (ISA) to promote clean energy.

More on the News

International Solar Alliance (ISA)

• conceptualised by India and France on the sidelines of the UNFCCC COP21, Paris (2015).
• Headquartered in Gurugram, India. Currently, 100+ countries are signatories, with 90+ countries having ratified to become full members. 
• Its mission is to unlock $1 trillion in solar investments by 2030 while reducing technology and financing costs.
• The move aims to provide off-grid communities with irrigation access, energy security, and clean power, strengthening India’s leadership in distributed renewable energy.
• African nations are seeking to replicate India’s solar pump success story, and the ISA will help create a collective platform to support large-scale adoption.
• The ISA is developing a financing and risk-mitigation framework through the Africa Solar Facility, to attract private investment in distributed renewable energy projects.
• The facility aims to leverage $200 million by next year and mobilise up to 20 times that amount from private capital for solar pumps, rooftop systems, and mini-grids.

International Solar Alliance (ISA)

• conceptualised by India and France on the sidelines of the UNFCCC COP21, Paris (2015).
• Headquartered in Gurugram, India. Currently, 100+ countries are signatories, with 90+ countries having ratified to become full members. 
• Its mission is to unlock $1 trillion in solar investments by 2030 while reducing technology and financing costs.

Source:
MNRE
Downto Earth
The Hindu
Money Control
India Gov
ISA