{"id":16764,"date":"2017-11-15T09:56:19","date_gmt":"2017-11-14T23:26:19","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=16764"},"modified":"2017-11-15T09:56:19","modified_gmt":"2017-11-14T23:26:19","slug":"international-solar-alliance-mb0305","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/international-solar-alliance-mb0305\/","title":{"rendered":"International Solar Alliance Nears Prime Time"},"content":{"rendered":"<div id=\"attachment_16766\" style=\"width: 710px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-16766\" class=\"size-full wp-image-16766\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/international-solar-alliance.jpg\" alt=\"International Solar Alliance\" width=\"700\" height=\"397\" \/><p id=\"caption-attachment-16766\" class=\"wp-caption-text\">Image: ISA<\/p><\/div>\n<p>A &#8220;curtain-raiser&#8221; event for the founding ceremony of the International Solar Alliance (ISA) took place in Bonn, Germany yesterday.<!--more--><\/p>\n<p>An initiative led by the governments of India and France, born on the sidelines of the UNFCCC Conference of Parties (CoP21) in Paris in 2015, the <a href=\"http:\/\/isolaralliance.org\" target=\"_blank\" rel=\"noopener\">International Solar Alliance<\/a> will be working towards a goal of more than 1,000 GW of new solar energy deployed in ISA countries by 2030.<\/p>\n<p>The ambitious target will involve mobilising more than a trillion US dollars of investment. The Asian Development Bank (ADB) has agreed to explore financing of USD 500 million for programmes and the ISA has invited a number of financial institutions to participate in the creation of a global risk mitigation fund of USD 300 billion over ten years.<\/p>\n<p>At yesterday&#8217;s event, Anand Kumar from India&#8217;s Ministry of New and Renewable Energy <a href=\"http:\/\/isolaralliance.org\/docs\/CoP23_ISA_PressRelease.pdf\" target=\"_blank\" rel=\"noopener\">urged<\/a> developed countries to set aside a percentage of Overseas Development Assistance (ODA) towards supporting solar projects in developing countries, and for financial institutions to provide &#8220;wholehearted support&#8221; for solar power.<\/p>\n<p>The ISA is providing a platform for collaboration between countries rich in solar resources to further solar research, development and financing, plus will assist member countries in addressing barriers to solar uptake through a common agreed approach.<\/p>\n<p>The ISA&#8217;s potential membership consists of 121 countries lying fully or partially between the Tropic of Cancer and the Tropic of Capricorn &#8211; which includes Australia.<\/p>\n<p>In June this year, the Australian Government formally indicated its intention to join the ISA.<\/p>\n<blockquote><p>&#8220;In joining, Australia looks forward to collaborating with India, France and other members to play a leading role in the Solar Alliance,&#8221; <a href=\"https:\/\/foreignminister.gov.au\/releases\/Pages\/2017\/jb_mr_170719.aspx\" target=\"_blank\" rel=\"noopener\">stated<\/a> a release from Minister for Foreign Affairs Julie Bishop&#8217;s office.<\/p><\/blockquote>\n<p>Currently, ISA\u2019s development programs include facilitating affordable solar finance, scaling up solar power applications for agriculture in a dozen countries and promoting solar mini-grids. Another program in the pipeline will seek to accelerate the uptake of off-grid and grid-connected <a href=\"https:\/\/www.solarquotes.com.au\/solar101.html\">rooftop solar<\/a>.<\/p>\n<p>To date, 44 countries (including Australia) have signed the <a href=\"http:\/\/isolaralliance.org\/docs\/Framework%20Agreement%20of%20ISA-English%20Version.pdf\" target=\"_blank\" rel=\"noopener\">ISA Framework Agreement<\/a> (PDF) that comes into force on December 6; with the official founding ceremony to occur soon after.<\/p>\n<p>The agreement recognises that solar power presents &#8220;an unprecedented opportunity to bring prosperity, energy security and sustainable development&#8221; to member countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A &#8220;curtain-raiser&#8221; event for the founding ceremony of the International Solar Alliance (ISA) took place in Bonn, Germany yesterday.<\/p>\n","protected":false},"author":17,"featured_media":16766,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-16764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>International Solar Alliance Nears Prime Time<\/title>\n<meta name=\"description\" content=\"A &quot;curtain-raiser&quot; event for the founding ceremony of the International Solar Alliance (ISA) took place in Bonn, Germany yesterday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/international-solar-alliance-mb0305\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"International Solar Alliance Nears Prime Time\" \/>\n<meta property=\"og:description\" content=\"A &quot;curtain-raiser&quot; event for the founding ceremony of the International Solar Alliance (ISA) took place in Bonn, Germany yesterday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/international-solar-alliance-mb0305\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-14T23:26:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/international-solar-alliance.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"397\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/international-solar-alliance-mb0305\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/international-solar-alliance-mb0305\\\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#\\\/schema\\\/person\\\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"International Solar Alliance Nears Prime Time\",\"datePublished\":\"2017-11-14T23:26:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/international-solar-alliance-mb0305\\\/\"},\"wordCount\":385,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/international-solar-alliance-mb0305\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/wp-content\\\/uploads\\\/2017\\\/11\\\/international-solar-alliance.jpg\",\"articleSection\":[\"General Solar &amp; 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