ISA to sign 121 solar projects by 2nd edition of Global RE-INVEST in April 2018
50 projects will be signed on March 11, 2018 during ISA Solar Summit, and 71 will be signed on April 20, 2018 at RE-Invest summit. Now, with five new countries, Madagascar, Gabon, Rwanda, Sri Lanka, and Uganda, the number of nations to have ratified the International Solar Alliance (ISA) framework agreement has reached 26.
Adani to build 1 GW+ renewable energy in Andhra Pradesh
Adani Group has signed a MoU with Andhra Pradesh government for the development of more than 1 GW of renewable energy in the state.
India: Shell may acquire majority stake in Fourth Partner Energy
Shell is rumored to be interested in acquiring a majority stake in Fourth Partner Energy, a rooftop solar power firm based in Hyderabad, India.
Rockefeller Foundation, Ckers Finance partner to develop India’s decentralized renewable energy sector
U.S.-based Rockefeller Foundation has partnered with cKers Finance, a New-Delhi based finance company, to help develop the decentralized renewable energy (DRE) sector in India. cKers will invest $50 million across DRE and sustainable energy portfolio in the near term.
CEEW commences ISA’s National Focal Points Conclave 2017
The conclave happened the day after ISA became a recognized legal intergovernmental body based in India. The event observed some intense discussions on the ISA’s ambitious programs. The main topic was the finance, where ISA aims to ease the process, with CEEW supporting via common risk mitigation study.
ISA launches three solar programs
The International Solar Alliance has launched three new solar programs: Scaling Solar Applications for Agriculture Use, Affordable Finance at Scale, and Scaling Solar Mini-grids. The programs will be under operations ahead of the ISA’s official accreditation on December 6.
Australia, Cuba, Malawi, and Peru ratify ISA framework
Four more countries have ratified the International Solar Alliance (ISA) framework agreement, taking the total number to 19. On Wednesday December 6, the ISA will be established as a legal international intergovernmental body.
India-World Bank signs $100 million loan agreement for Solar Parks
India signs loan agreement with the World Bank for $100 million for large-scale solar power projects named as “Shared Infrastructure for Solar Parks Project”.
ISA presents risk mitigation feasibility study for pilot 20 GW capacity
The International Solar Alliance (ISA) presents its first offering, a Common Risk Mitigation Mechanism (CRMM) feasibility study, at COP23 in Bonn, Germany, to deepen solar markets, which aims to mobilize up to $1trn of capital investment by 2030.
International Solar Alliance at COP23: Welcoming the reign of the Sun
One of the sessions at CoP23 has served as the Curtain Raiser for the ISA’s upcoming founding ceremony. It has featured presentations on ISA programs and the Common Risk Mitigation Mechanisms (CRMM) report, as well as a panel discussion on the global effort to accelerate solar energy deployment.
