ISA Current Affairs

ISA, India sign Host Country Agreement

The International Solar Alliance (ISA) and Ministry of External Affairs (MEA) signed Host Country Agreement in New Delhi. The agreement gives ISA juridical personality an power to contract, acquire and dispose off movable and immovable properties and also to institute and defend legal proceedings.

Key Facts

Under this agreement, ISA will enjoy such privileges, applicable tax concessions and immunities that are necessary for ISA’s Headquarter to independently discharge its function and programmes. It will derive its status, privileges and immunities as per Article 10 of Framework Agreement.

International Solar Alliance (ISA)

ISA is initiative jointly launched by India and France in November 2015 at Paris on side lines of COP21 UN Climate Change Conference. Its Framework Agreement came into force in December 2017. It celebrated its founding day on 11th March, 2018. It is headquartered at campus of Natioanl Institute of Solar Energy (NISE), Gurugram, Harayana, making it first international intergovernmental treaty based organization to be headquartered in India.

Objectives of ISA

  • Undertake joint efforts required to reduce the cost of finance and the cost of technology
  • Mobilize more than US $1000 billion of investments needed by 2030 for massive deployment of solar energy
  • Pave way for future technologies adapted to needs of solar rich 121 countries lying fully or partially between Tropic of Cancer and Capricon.

ISA presently has 4 ongoing programmes

  • Scaling Solar Mini Grids
  • Affordable Finance at Scale,
  • Scaling Solar Applications for Agricultural Use,
  • Scaling Solar Rooftop catering to the needs of solar energy in specific areas

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International Solar Alliance becomes Treaty-based International Intergovernmental organization

The International Solar Alliance (ISA) became treaty-based international intergovernmental organization on 6th December 2017 one month after Guinea became 15th country to ratify it.

ISA is first treaty-based international government organisation to be based in India. So far, 46 countries have signed and 19 ratified Framework Agreement of ISA

International Solar Alliance (ISA)

The ISA is brainchild of India, jointly launched by Prime Minister Narendra Modi and French President Francois Hollande in November 2015 in Paris on sidelines of COP-21 of UN Climate Conference. Its secretariat is located in campus of National Institute of Solar Energy (NISE), Gwalpahari, Gurgaon, Haryana.

It aims at addressing obstacles to deployment at scale of solar energy through better harmonization and aggregation of demand from solar rich countries by bringing standardization in solar technologies and fostering research and development.

Under this alliance, 121 countries that fall within tropics i.e. between Tropic of Cancer and Tropic of Capricorn have been invited to make collaborative efforts to harness solar energy to generate the electricity. Most of these countries fall within Asia, Africa and South America.

The institutional structure of ISA consists of an Assembly, a Council and a Secretariat. Its members will take coordinated actions through programmes and activities that will aggregate demands for solar finance, solar technologies, innovation, R&D and capacity building.

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