Policy

ISA and EU join hands for Cooperation on Solar Power

The International Solar Alliance (ISA) and the European Union (EU) have signed a joint declaration for cooperation on Solar Power. The agreement was signed along the lines of the ongoing 24th conference of parties to the UNFCC, being held in Katowice, Poland.

Joining efforts with the ISA will reinforce the EU’s position as a global leader in the clean energy transition. It will help us fulfill our reduction of greenhouse gas emissions objectives and implement the Paris Agreement. The ISA, because of its fast-growing number of member countries, constitutes a perfect platform to disseminate EU approaches, practices and technologies on solar energy success stories in and outside Europe,” said Miguel Arias Cañete, European Commissioner for Energy and Climate Action in a statement.

The joint declaration was signed with the objective to increase the support for solar energy, in the following areas:

  • Develop synergies between EU and ISA programs and projects supporting access to electricity, clean energy transition, and the integration of renewable energy electricity
  • Share knowledge and best practices through EU programs and projects with ISA member countries in the solar energy sector
  • Work jointly towards mobilizing financing for the development and deployment of affordable solar energy on a global scale
  • Support research and innovation in the area of solar electricity and the integration of distributed renewables
  • Strengthen the development of ISA’s institutional capacity through support of the ISA’s Secretariat with technical assistance and knowledge transfer.

[related_post]

It will showcase European businesses leading in the solar energy sector and contribute to the efforts of internationalisation of our companies and to the Commission’s priority of growth and job creation. In this regard, I must also highlight the excellent cooperation with India in the area of clean energy and climate change, and in particular in the field of renewable energy,” Cañate said.

Both the parties have agreed to co-operate on a two-year rolling programme as well as hold annual meetings with senior officials. ISA an Indian Initiative was in fact initialised by PM Narendra Modi and French President Emmanuel Macron at COP21 held in 2015.

On the first day of the conference, the World Bank announced a major set of climate targets for 2021-25, by doubling its investment to 200 Billion dollars, twice what it had earmarked earlier in support of the countries who have set ambitious climate change plans.

Ayush Verma

Ayush is a correspondent at iamrenew.com and writes on renewable energy and sustainability. As an engineering graduate trying to find his niche in the energy journalism segment, he also works as a staff writer for saurenergy.com.

Recent Posts

BASF, Shenergy Group join forces for biomethane commercialisation

Global chemicals and bioenergy major BASF has announced to have signed an MoU with China’s…

18 hours ago

Rajputana Biodiesel set for inaugural IPO on November 26

Rajputana Biodiesel is set to debut in the capital market on November 26 as the…

21 hours ago

SECI, H2Global Stiftung collaborate to promote Green Hydrogen initiatives

The Solar Energy Corporation of India Ltd (SECI) has signed an MoU with H2Global Stiftung…

23 hours ago

Pilibhit’s Kisan Co-op Sugar Mill to begin ethanol production

Uttar Pradesh is making strides in the bioenergy and taking the decarbonisation quest of the…

23 hours ago

Deepak Agrawal is new Managing Director of GPS Renewables’ project development firm ARYA

Bengaluru-headquartered biogas EPC firm GPS Renewables has announced that it has appointed Deepak Agarwal as…

23 hours ago

Seawater-to-green hydrogen: NTPC to set up unique project near Vishakhapatnam

In a key development to further the green hydrogen movement in the country, NETRA, the…

3 days ago