Announcements were made at the ISA Forum in the the World Future Energy Summit (WFES), in Abu Dhabi. Credit: Twitter: R.K. Singh
The head of the International Solar Alliance (ISA) has said that more than 100 projects will be signed under the Alliance’s umbrella by April this year.
Upendra Tripathy, interim director general of ISA also announced that multiple companies had exchanged LoIs and MoUs regarding nine solar-related projects at the World Future Energy Summit (WFES), in Abu Dhabi, thus kick-starting the ISA's role of translating ‘Action into Transaction’. The companies included Vyonarc Development, Greenko Solar, Gensol Group and Spain-based Solarig, Shakti Pump, Refex Energy, Amplus Solar, TATA Power, Jackson Solar and Zodiac Energy.
Tripathy was speaking at the ISA Forum at WFES, where Indian power minister R.K. Singh also announced that the government of India is setting up a US$350 million solar development fund to finance projects.
As he has often done since coming into his ministerial role, Singh once again claimed that India would achieve its 175GW renewable energy target well before its deadline.
The ISA Framework Agreement entered into force on 6 December 2017, making it formally a treaty-based International Intergovernmental Organization, headquartered in Gurugram, India. The ISA Framework Agreement has been signed by 48 countries.
May 26 - May 27, 2021
Looking at the drivers and dynamics of utility scale solar in the UK & Ireland over the next five years. This event will consider the immediate challenges as we enter the build phase in both these markets where we could see as much as 4GW deployed in 2021 alone! What developments will continue the growth of 100MW+ sites and what impact will government policy have on the rate of deployment in both markets?Join leading developers and manufacturers shaping the direction of one of Europe’s most active markets and hear from speakers with a history of influencing innovation and change.
Feb 03 - Feb 04, 2021
The business of solar is changing, as the industry scales up, technology, IT and new players to the market will add complexity. This sparks a host of opportunities such as co-location of solar and storage and the rise of unsubsidised solar projects as well as challenges which will question the very business model of European solar asset owners. Solar Finance & Investment Europe is the meeting place for institutional investors, sovereign wealth funds, solar, wind and storage funds and large energy buyers to do business.