India, France launched International Solar Alliance

India and France on 30 November 2015 launched the International Solar Alliance in Paris. The alliance was launched jointly by PM Narendra Modi and French President Francois Hollande during the United Nations climate change conference (COP21).

The alliance also invited all countries located fully or partly between the tropics of Cancer and Capricorn to join the group. It will function from the National Institute of Solar Energy in India, Gurgaon.

Highlights of the alliance
• It aims to bring 121 tropical countries together to tap solar energy.
• The Alliance will enable solar-rich developing countries to make the best use of an abundant, free natural resource.
• It seeks to share collective ambitions to reduce the cost of finance and technology that is needed to deploy solar power widely.
• It would adapt the generation and storage technologies to the individual countries’ needs.
• Among the tasks that the Alliance would pursue are, cooperation in training, building institutions, regulatory issues, common standards, and investment including joint ventures.

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