Paraguay Becomes 100th Member of International Solar Alliance (ISA)

Posted 28 Jun 2024

2 min read

ISA is a treaty-based intergovernmental organisation launched by India and France in 2015 on sidelines of COP-21 of United Nations Framework Convention on Climate Change (UNFCCC) in Paris.

About ISA (HQ: Gurugram, India)

Objective: Provide a dedicated platform for cooperation among solar resource rich countries to support the increasing use of solar energy.
ISA Framework Agreement entered into force in 2017. With amendment of its Framework Agreement in 2020, all member states of UN are now eligible to join ISA.
ISA is guided by ‘Towards 1000’ strategy, aiming to:
- Mobilise USD 1,000 billion of investments in solar energy by 2030.
- Delivering Energy access to 1,000 million people.
- 1,000 GW of solar energy installation.

Importance of ISA

India: Leadership role in clean energy, achieving net neutrality by 2070, ensuring energy security etc.
Global: Mitigate global solar emissions (1,000 million tonnes of CO2 every year), market development for solar energy etc.

Associated Challenges

Dominance of china in solar supply chain.
Technical challenges in Grid integration.
Low private Investment due to risks and uncertainties.

Initiatives taken by ISA

Solar Technology Application Resource Centre (STAR C) for capacity-building and institutional strengthening.
One Sun One World One Grid (OSOWOG) connects different regional grids through a common grid that will be used to transfer renewable energy power.
Global Solar Facility to catalyze solar investments in underserved segments and geographies across Africa.
ISA Solar Fellowship for Mid-Career Professionals to contribute long-term development needs of member countries through creation of qualified professional manpower for management of solar energy projects.