Programmes under International Solar Alliance
Q. Which of the following programmes have been launched under the International Solar Alliance?
1) Solar for all
2) Affordable finance at scale
3) Scaling solar applications for agricultural use- Published on 25 Apr 16a. 1, 2
b. 1, 3
c. 2, 3
d. All of the above
ANSWER: 2, 3
- India and France launched two programmes of the International Solar Alliance (ISA) – “Affordable finance at scale” and “Scaling solar applications for agricultural use”.
- It is expected that these programmes will serve the interests of the farming communities in the prospective ISA member countries and ensure that there is sufficient flow of affordable finance for solar projects.
- The ISA is expected to provide a vibrant platform to bring together countries with rich solar potential to aggregate demand for solar energy globally, thereby reducing prices; promoting collaborative solar R&D and capacity; and facilitating the deployment of existing solar technologies at scale.
- A common buyers market for solar finance, technology, innovation, capacity building etc., will lead to higher quality, lower costs, products better tailored to needs, collaborative innovation, technology ownership, and a more balanced dialogue with all stakeholders. This will empower solar-rich countries, lying fully or partially between the tropic of Cancer and the tropic of Capricorn, which share common challenges and opportunities.
- As an initial step, Ministers agreed to start analysing and sharing the needs, objectives, and obstacles to deployment at scale along the value chain, for those applications for which they seek the benefits of collective action under the Alliance. On this basis, they will design innovative Programmes leveraging initiatives from the ground.
