US joins International Solar Alliance

US joins International Solar Alliance

 

  • Recently the United States has become the 101st member country to join the International Solar Alliance (ISA).
  • Earlier, the 4th General Assembly of the International Solar Alliance (ISA) was organized.

Introduction:

  • The ‘International Solar Alliance’ is a treaty-based intergovernmental organization whose primary function is to catalyze solar development by reducing the cost of financing and technology.
  • ‘International Solar Alliance’ is the nodal agency for implementing ‘One Sun, One World, One Grid’ (OSOWOG), which aims at converting solar energy generated in a specific region to meet the electricity demand of another region. is to be transferred.

Start of Initiative:

  • It is an Indian initiative launched by the Prime Minister of India and the President of France on 30 November 2015 at the Conference of the Parties (COP-21) to the UNFCCC in France (Paris) with 121 solar resource rich nations which will be fully situated from or partially between the Tropic of Cancer and Capricorn.

Member:

  • A total of 101 members after the US joined.

The headquarters:

  • Its headquarter is located in India and its interim secretariat is being established in Gurugram.

Objective:

  • It aims to collectively address the major challenges for the expansion of solar energy in the member countries.

New ISA Programme:

  • New ISA programs have been launched on Management of Solar PV Panels and Battery Usage Waste and Solar Hydrogen Program.
  • The new Hydrogen Initiative aims to enable the use of solar electricity to produce hydrogen at a more economical rate than the current (USD 5 per kg) and bring it down to USD 2 per kg.
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