Kautilya Academy 15-10-2020
The Ministry of New and Renewable Energy has announced that India has been re-elected as President of the International Solar Alliance (ISA). Along with India, France has also been re-elected as the Co-President of the alliance in the ISA’s Third Assembly. The tenure for both the countries would be of two years.
At the assembly, four new Vice-Presidents were also selected to represent four regions:
From the India side, RK Singh will represent the ISA. At the assembly address, he acknowledged that solar energy grown-up extensively in the last five years and is the fastest-growing energy source globally. He said that solar energy has been contributing 2.8% of the global electricity.
Barbara Pompili, The Minister for Ecological Transition of France, represented France at the assembly. She highlighted the essential role that ISA has played in order to help to redirect the funding towards renewable energy. She further said France’s involvement in the solar project by pointing out that France has committed 1.5 billion euros of financing for solar projects in ISA member states until 2022.