International Solar Alliance - GS questions based on daily current affairs

1)   Which of the following statements is/are correct about International Solar Alliance (ISA)?

1. All countries between tropics of Cancer and Capricorn can join International Solar Alliance (ISA).
2. It will function from the National Institute of Solar Energy in India, Gurgaon.


a. Only 1
b. Only 2
c. Both
d. None
Answer  Explanation 

ANSWER: Both

Explanation:
- International Solar Alliance (ISA ) is conceived as a coalition of solar resource rich countries to address their special energy needs.
- ISA will promote solar technologies and investment in the solar sector to enhance income generation for the poor and global environment.
- ISA will develop innovative Financial Mechanisms to reduce cost of capital
- It will formulate projects and programs to promote solar applications.
- Also it will build a common Knowledge e-Portal and facilitate capacity building for promotion and absorption of solar technologies and R&D.