Recently, the United States of America became the 101st member country to join the International Solar Alliance (ISA).
Context
Recently, the United States of America became the 101st member country to join the International Solar Alliance (ISA).
What is ISA?
- The ISA is an intergovernmental treaty-based organisation with a global mandate to catalyse solar growth by helping to reduce the cost of financing and technology.
- ISA is the nodal agency for implementing One Sun One World One Grid (OSOWOG).
- OSOWOG seeks to transfer solar power generated in one region to feed the electricity demands of others.
- It is an Indian initiative that was launched by the Prime Minister of India and the President of France on 30th November 2015 in Paris, France on the side-lines of the UNFCCC Conference of the Parties (COP-21), with 121 solar resource-rich countries lying fully or partially between the tropic of Cancer and tropic of Capricorn as prospective members.
- There are 101 members in ISA, after being joined by the US.
- The Headquarters is in India with its Interim Secretariat being set up in Gurugram.
- Objective: To collectively address key common challenges to the scaling up of solar energy in ISA member countries.
