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Tuesday, March 27

Host Country Agreement with International Solar Alliance .

  • India has signed Host Country Agreement with International Solar Alliance .
  • The agreement will give ISA a juridical personality and gives it power to contract, to acquire and dispose  movable and immovable properties also to institute and defend legal proceedings
  • It also provides privileges,  tax concessions and immunities for independently discharge its function and programmes.
  • ISA becomes the first international intergovernmental treaty based organization is headquartered in India (Gwal Pahari, Gurgaon, Haryana).

About International Solar Alliance (ISA):
  • ISA is an Indian Initiative jointly launched by India and France in sideline of COP-21 on November 30 2015 at Paris, France
  • International Solar Alliance (ISA) has become treaty –based international Intergovernmental organization in December 2016 which is headquartered in India located in the campus of National Institute of Solar Energy, Gurgaon.
  • ISA aims at addressing obstacles on using solar energy efficiently and will help to utilise Solar energy efficiently in the solar energy rich countries. .
  • In simple, it is an association of countries with the aim to increase the production of Solar Energy.
  • As of now 44 countries have signed and 15countries ratified the framework agreement of the ISA.
  • Most of the member countries are who either fully or partially lay between Tropic of Capricorn and Tropic of Cancer.
  • India has taken leadership to share its technology and funds to some African Countries ( which lack in fund and technology) to harness the solar energy.
  • Currently it has 4 ongoing programmes Scaling Solar Applications for Agricultural Use, Affordable Finance at Scale, Scaling Solar Mini Grids and Scaling Solar Rooftop.
  • The founding day of ISA Celebrated on 11th March 2018.

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