The government today gave an ex-post facto approval to a proposal for entering into Headquarters Agreement between India and International Solar Alliance (ISA).
The decision was taken by the Union Cabinet chaired by Prime Minister Narendra Modi.
The Agreement was signed on March 26.
“The Headquarters Agreement will institutionalise the functional arrangements between India and ISA,” an official statement said.
It will also help in smooth transition of ISA as international inter-governmental organisation.
“Creation of ISA will lead to accelerated solar technology development and deployment in ISA member countries including India,” it added.
African Development Bank recently entered into partnership with the International Solar Alliance (ISA) to scale up solar energy in Africa. This partnership agreement is seen as a major boost to Light up and power Africa initiative.
The Bank and ISA will jointly support technical assistance and knowledge transfer for solar development and deployment in sun-shine rich African countries. Both parties will also develop finance instruments for off-grid solar projects, as well as large-scale solar independent power producers for African ISA member countries.
As part of the new agreement, ISA will support the African Development Bank’s Desert to Power solar initiative –through which the Bank intends to turn Africa’s deserts into new sources of energy. Working with partners to develop 10,000 MW of solar power systems across the Sahel, the initiative is expected to provide electricity to 250 million people, with 90 million of these being on off-grid systems.
The partnership agreement was sealed on the margins of the Founding Conference of the International Solar Alliance (ISA) held in New Delhi on March 11. The Conference was co-chaired by Prime Minister Narendra Modi of India and President Emmanuel Macron of France.