International Solar Alliance

 

• It is an Indian initiative that was launched by the Prime Minister of India and the President of France on 30th November 2015 in Paris, France on the side-lines of the Conference of the Parties (COP-21), with 121 solar resource-rich countries lying fully or partially between the tropic of Cancer and tropic of Capricorn as prospective members.
• Objective: To collectively address key common challenges to the scaling up of solar energy in ISA member countries.
• Members: Till now, 87 countries have signed the Framework Agreement of the ISA and of these 67 have deposited their instruments of ratification.
  
  • Nicaragua, a Central American country is the 87th and the latest country to sign the agreement.
• The Government of India has allotted 5 acres of land to the ISA in National Institute of Solar Energy (NISE) campus, Gurugram and has released a sum of Rs. 160 crore for creating a corpus fund, building infrastructure and meeting day to day recurring expenditure of the ISA up to the year 2021-22.

Source: https://isolaralliance.org/about/