Summary:
The ISA aims to mobilize $1 trillion to generate 1,000 gigawatt of solar energy by 2030.The agreement also highlights that EU will share its knowledge and projects in the solar energy sector with the ISA member countries. “Though most EU countries don’t fall in the sunshine bracket, their support in research, knowledge sharing, and mobilizing finance will prove to be very helpful. India needs to step up its grid integration and modernization to enable higher levels of renewable energy penetration,” said Pujarini Sen, senior campaigner of climate and energy at Greenpeace India.The investments in solar should be diversified. Katowice (Poland): At the world’s biggest climate change conference, the India-led International Solar Alliance (ISA) signed a joint declaration with the European Union (EU) on Tuesday to enhance solar energy.A joint initiative of India and France, the alliance was launched in 2015 to drive 121 member countries to increase their solar power utilization. According to climate change activists, the MOU has potential to help India in meeting its 2022 renewable target..