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PM Narendra Modi launched International Solar Alliance in Paris

Dec 1, 2015 17:53 IST

Prime Minister Narendra Modi on 30 November 2015 launched International Solar Alliance at the United Nations Climate Change Conference 2015 (COP21) in Paris, France. The event was co-chaired by French President Francois Hollande and attended by UN Secretary-General Ban Ki-moon.

The purpose of the alliance is to augment solar energy generation in solar resource rich countries.

Features of International Solar Alliance

• It will provide a common platform to learn from mutual experiences, research and development and for evolving common financial solutions and administrative solutions.
• It will focus on cooperation among member countries in training, building institutions, regulatory issues, common standards and investment including joint ventures.
• All countries, around 120, located fully or partly between the tropics of Cancer and Capricorn will be the members of the grouping.
• It will function from the National Institute of Solar Energy in India, Gurgaon.
• The Union Government will provide land and 30 million US dollars to build a secretariat and support the initiative for 5 years.

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