PM Modi addresses the first International Solar Festival Virtually
Event Details:
- Date: 5 September 2024
- Mode: Virtual address from Singapore (during official visit)
- Organiser: International Solar Alliance (ISA)
- Location of Festival: New Delhi, India
Key Highlights from PM Modi’s Address:
- India’s solar energy capacity increased 32 times in the past 10 years.
- India aims to achieve 500 GW of non-fossil fuel power capacity by 2030.
- Emphasis on promoting solar adoption, financing, and technology development globally through ISA.
- ISA’s focus: Affordable, reliable, and sustainable solar energy worldwide.
About International Solar Alliance (ISA):
- Founded: Conceptualized in 2015 at COP21, Paris, by PM Modi and French President Francois Hollande.
- First Founding Conference: New Delhi, 11 March 2018.
- Objective: Promote solar energy use globally and reduce dependence on fossil fuels.
- Membership: Initially restricted to countries between Tropic of Cancer and Tropic of Capricorn; from 15 July 2020, any UN member country can join.
- Current Members: 100 countries (Paraguay became the 100th member in June 2024).
Significance for India & Global Solar Transition:
- Strengthens India’s leadership role in global solar energy promotion.
- Encourages international cooperation, policy exchange, and investment in solar infrastructure.
- Aligns with India’s renewable energy targets and climate commitments.
Updated: 06 Sep 2024 ; 1:34 PM | Eminent Team