International Solar Alliance

The first international summit of the Solar Alliance was held on 11 March 2018 in New Delhi in the presence of Emmanuel Macron, President of the French Republic, Jean-Yves Le Drian, Minister for Europe and Foreign Affairs, and Ségolène Royal, special envoy for the roll out of the Alliance. The Summit focused on building the momentum of the International Solar Alliance, tangible projects and financing strategies for implementing the Alliance’s objectives.

Founding summit on 11 March 2018 in New Delhi

For this founding summit, 36 countries responded to the call for expressions of interest and participated in the ASI’s consultations on their priorities in the fields of solar energy for agriculture and rural areas, solar mini-networks, roof installations and electric vehicles: 100 priority projects were selected to launch a first phase fundraising.

How did the International Solar Alliance come about?

The initiative was launched by France and India during the Climate Conference (COP21) in Paris in December 2015. Since 6 December 2017, the Alliance has acquired the status of international organization.

Thus far, the framework agreement defining its statutes has been signed by 58 countries and ratified by 26 of them. This is one of the most promising coalitions to combat climate change.

The International Solar Alliance is the first international organization hosted in India, with its headquarters situated in Gurugram, in the outskirts of New Delhi.

What are the Alliance’s aims?

The Solar Alliance aims to massively reduce the cost of solar energy in order to make it possible to “change scale” in the deployment of solar energy in the 121 countries with significant amounts of sunshine between the two tropics.

The objectives are therefore multiple:

  • significantly reducing the costs of solar energy
  • meeting the high energy demand in developing countries
  • helping to combat climate change

How can these be achieved?

ISA member countries undertake to amalgamate and harmonize their requests for finance, technologies and innovation to create a ‘common market’ in order to lower costs, strengthen quality control, better adapt products to needs and improve technologies.

To make solar energy affordable for the poorest, the Alliance underscores the importance of channeling capital, reducing costs through financial mechanisms, promoting universal access to energy and supporting the creation of common standards to guarantee appropriate product quality in the use of products by member countries.

To achieve these objectives, the Alliance aims to implement financial instruments to mobilize over $1 trillion in solar energy investment by 2030.

5 identified programmes

1. Implement financial engineering aiming to finance these projects on a large scale as well as a financial mechanism to cover risks.

2. Roll out decentralized solar applications, particularly in the areas of irrigation and public lighting.

3. Develop mini solar networks targeting the energy independence of island and remote regions.

4. Promote solar roof installations.

5. Encourage solar powered mobility.

International organization status since 6 December 2017

Some 64 countries currently participate in the Alliance through their national point of contact. On 6 December 2017, the International Solar Alliance was granted international organization status. The framework agreement setting out its statutes was signed by 55 countries making it one of the most promising coalitions in the fight against climate change.

For more information, visit the website of the International Solar Alliance.

Updated: 09.03.18