Renewable energy is a big cog in this technological miracle that we hope will pull us out of the climate change quicksand. But it does not come without its set of conditions
If India has to become a major force in the solar power space, it must first begin to deregulate the power generation and power distribution sectors even further.
India joins The European Bank for Reconstruction and Development in the first-of-its-kind conference.
PM Modi invited the Kazakhstan president to join the International Solar Alliance (ISA), to work for efficient exploitation of solar energy to reduce dependence on fossil fuels.
The ISA is a treaty based inter-governmental alliance of 121 sunshine-rich countries that lie fully or partially between the Tropics of Cancer and Capricorn. Their adoption of solar energy is expected to help reduce the use of fossil fuels and combat climate change.
With the legal framework in place for the International Solar Alliance (ISA), the brainchild of Prime Minister Narendra Modi and launched during the UN climate summit in Paris, ISA will be a "major" international body headquartered in India, it added.
Speaking at the 'SWITCH' Electrical Show here, Goyal said, "an idea then, ISA has now transformed into a movement with countries and global agencies endorsing this initiative of Indian government to promote solar energy in the countries that are rich in solar resources."
Kim, during a meeting with Modi here, appreciated India's "rapid progress" in improving the ease of doing business, especially in the area of logistics, a PMO statement said.
Multi-lateral lender World Bank today announced funding support of USD 1 billion for expansion of solar power capacity in India. It also signed an agreement with the International Solar Alliance (ISA), consisting of 121 countries led by India.
Kolkata-headquartered Vikram Solar believes the government's ambitious International Solar Alliance (ISA) reflects India's strong commitment towards the sector.
"There is an initiative led by India and announced by Prime Minister Narendra Modi, which we welcome and joined into, in which we joined a hundred other countries in a new International Solar Alliance (ISA) in order to expand the use and development of solar energy in every corner of the globe," Secretary of State John Kerry said in Brussels.
The International Solar Alliance was launched by Prime Minister Narendra Modi along with French President Francois Hollande on Monday on the sidelines of the 195-nation United Nations climate summit here to tackle climate change.
Launching the alliance in Paris, Modi and Hollande invited over 100 solar-rich countries to facilitate widespread implementation of solar projects and infrastructure.
Modi, who had a packed schedule during his stay here, also met US President Barack Obama on the sidelines of the climate conference and held a bilateral meeting with Japanese Premier Shinzo Abe.
Modi also announced that India will host the initiative in the premises of the National Institute of Solar Energy in Gurgaon, Haryana. He said that India will provide land and contribute about USD 30 million to build the Secretariat infrastructure of the initiative and support its operation for the next five years.