Solar Energy Alliance

International Solar Energy Alliance (“ISA”)

The global movement towards low-carbon-economy has brought a new wave of clean energy transformation worldwide. Under thegamut of clean energy technologies, Solar Energy has taken a key position inlast one decade witnessing a tremendous growth in the power sector, globally.India has been equally responding to the global climate actions wherein growthin the share of renewable energy is significant. In this regard, ISA is one ofthe key milestones achieved by India in the journey of climate change. Thealliance has not only boosted up the governments action-based focus on solarpower but also strengthened its global position under the Paris Agreement.

Being the first ever hosting nation of aninternational intergovernmental treaty, India keeps a very high hope with ISA.Now, the key question is whether this alliance be able to blotch the sunniestphase in Indian Power Sector and give potency to the sustainable developmentunder a low-carbon-economy. The answer seems to be a big ‘Yes’. The journey ofthis alliance has already witnessed a visible pace. Within a short span of timeIndia has established solar power as an affordable clean tech; achievedscalability from rooftop solar to solar application in agriculture practices.While many countries are still figuring out how to use this alliance, India hasalready witnessed an all time low solar tariff during reverse bidding tenderinglast year. And remarkably the country’s solar installed capacity has alreadyreached 20 GW following the ISA’s vision of 1,000 GW by 2030. This achievementis not only an indicator of “affordable energy” for the nation but also avisible stride towards climate action stated under NDC (i.e. NationallyDetermined Contributions) roadmap of the Paris Agreement.