Current Affairs
Daily Bits

India and Uzbekistan to cooperate in the field of Solar Energy

  • Posted By
    10Pointer
  • Categories
    World Affairs
  • Published
    21st Jan, 2021

Memorandum of Understanding (MoU) is approved between India and Uzbekistan for cooperation in the field of Solar Energy.

Context

Memorandum of Understanding (MoU) is approved between India and Uzbekistan for cooperation in the field of Solar Energy.

Key takeaways from the Agreement

  • The main area of work under is to identify research/demonstration/pilot projects between the National Institute of Solar Energy (NISE), Ministry of New & Renewable Energy, India and the International Solar Energy Institute (ISEI), Uzbekistan in the following mutually identified areas: 
    • Solar Photovoltaic
    • Storage Technologies
    • Transfer of Technology
  • Based on mutual agreement, both parties would work for implementation and deployment of pilot project in International Solar Alliance (ISA) member countries.

Significance of MoU

  • In fulfilling the Paris Agreement Climate Targets
  • Bringing international Collaboration
  • Better technology transfer
  • Leadership in ISA will be supported

International Solar Alliance (ISA)

  • The International Solar Alliance was launched jointly by the Indian Prime Minister and the French President during the 2015 United Nations Climate Change Conference, or COP21, in Paris.
  • Currently, India is the president of the alliance.
  • At present, 89 countries have signed the framework agreement of the ISA.

Aim of ISA:

  • It aims to contribute to the implementation of the Paris Climate Agreement through rapid and massive deployment of solar energy.
  • The ISA aims to bring together countries to provide a collective response to the main common obstacles to the massive deployment of solar energy in terms of technology, finance and capacity.

Objective of ISA:

  • To mobilise member countries
  • Seek commitments from international organisations and mobilise private sector
  • To support rural and decentralised applications
  • Access to affordable finance
  • Island and village solar mini grids
  • Rooftop installations
  • and solar e-mobility technologies

Verifying, please be patient.

X