Government of India has dedicated 5 acre land in NISE campus for the ISA Headquarters and also has contributed Rs 175 crore for ISA corpus fund and also for meeting expenditure for initial five years.
ISA is part of Prime Minister’s vision to bring clean and affordable energy within the reach of all and create a sustainable world. It will be a new beginning for accelerating development and deployment of solar energy for achieving universal energy access and energy security of the present and future generations.
Speaking on the occasion, Prime Minister Shri Narendra Modi stated that ISA will be India’s first international and inter-governmental organization headquartered in India.ISA will be dedicated to promotion of solar energy for making solar energy a valuable source of affordable and reliable green and clean energy in 121 member countries. He thanked the President of France for his continued help and support in shaping ISA.
Appreciating India, President of France, Mr. Francois Hollande said that at Paris Conference, India showed that it was ready to fully commit to energy transition and the fight against climate change. Thanks to India’s commitment, we were able to secure an ambitious, fair and dynamic agreement in Paris, which is binding for all of humanity, Mr Hollande added. He also said that India’s role will be just as essential in implementing the Paris Agreement and the commitments which have been made. Mr. Hollande reaffirmed his commitment by saying that France want to build the post-Paris Agreement world with India and ISA paves the way for this. The Alliance has France’s full support. He announced that the French Development Agency will allocate €300 million to developing solar energy over the next five years in order to finance the initial projects. He stressed on the fact that contributing to the success of the Alliance also means launching French-Indian projects.
Welcoming the dignitaries , Shri Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy informed that an Interim Administrative Cell (IAC) has been made functional for facilitating transition of ISA from de facto to a de jure entity. He also stated that in addition to contribution for creating ISA corpus fund, Government of India has offered training support for ISA member countries at NISE and also support for demonstration projects for solar home lighting, solar pumps for farmers and for other solar applications. Shri Goyal further informed that the interim ISA Secretariat has started functioning from the Surya Bhawan of NISE. He mentioned that locating ISA in NISE campus is a great value addition and both the institutions will immensely benefit from each other’s presence and establish vibrant linkages.
On this occasion, Indian Renewable Energy Development Agency (IREDA and Solar Energy Corporation of India (SECI) announced contribution of US $ 1 million each to the ISA corpus fund.
ISA has been envisioned as a specialized platform and will contribute towards the common goal of increasing utilization and promotion of solar energy and solar applications in its member countries. The Paris declaration on International Solar Alliance states that the countries share the collective ambition to undertake innovative and concerted efforts for reducing the cost of finance and cost of technology for immediate deployment of competitive solar generation, financial instruments to mobilise more than 1000 Billion US Dollars of investments needed by 2030 for the massive deployment of affordable solar energy and to pave the way for future solar generation, storage and good technologies for countries’ individual needs.
Prof Kaptan Singh Solanki, Governor, Haryana; Shri Manohar Lal, Chief Minister Haryana; Ministers from the Government of France, and Government of UAE also graced the occasion. Representative from over 60 resident Diplomatic Missions in New Delhi; large number of representatives from International Organizations, Indian Industry & Businesses, Media; and Farmers from Haryana were present in the event.