Context
Recently, the fourth general assembly of the International Solar Alliance (ISA) was held.
Key-Highlights
- Solar Investments
- A promise to achieve USD 1 trillion global investments in solar energy by 2030.
- The Solar Investment Action Agenda and Solar Investment Roadmap will be presented at COP26 (United Nations (UN) Climate Change Conference).
- On One Sun One World One Grid (OSOWOG)
- OSOWOG: The concept of a single global solar grid was first described at the First ISA Summit in late 2018.
- COP 26 Green Grid Initiative: The purpose of this program is to help achieve the speed and scale of changes in the infrastructure and market structures needed to support global energy transformation.
- It has given a green light to the political proclamation of "One Sun" for the launch of the Green Grids Initiative-One Sun One World One Grid (GGI-OSOWOG) at COP26.
- New ISA programs
- The new Hydrogen system is intended to enable the use of solar power to produce hydrogen at a more affordable price than currently available (USD 5 per KG), at a reduction of USD 2 per KG.
- New ISA programmes launched on management of solar PV panels & battery usage waste and solar hydrogen programme.
- Other Solar Energy Initiatives in India
- This is in line with the Indian Nationally Determined Contributions (INDCs) goal of achieving 40% of the electricity collected from non-petroleum energy sources and reducing its GDP emissions by 33 to 35% from 2005 2030.
- Green hydrogen is produced by water electrolysis using renewable energy (such as Solar, Wind) and has a low carbon footprint.
- National Solar Mission (part of the National Action Plan on Climate Change): Establish India as a global leader in solar energy, by creating policy conditions for its global distribution as soon as possible.
- INDC Mission: To direct the installation of solar power systems connected to the 100 GW grid by 2022.
- International Solar Alliance (ISA) and One Sun One World One Grid (OSOWOG)
- Government Schemes: Such as Solar Park Scheme, Canal Bank & Canal top Scheme, Bundling Scheme, grid Connection Solar Rooftop Scheme etc.
- First Green Hydrogen Mobility Project: National Thermal Power Corporation Limited (NTPC) Renewable Energy Ltd (REL) has signed a Memorandum of Understanding with the Union Territory of Ladakh to launch the country's first Green Hydrogen Mobility project.
International Solar Alliance (ISA)
- ISA is an intergovernmental organization with a global mandate to promote solar growth by helping to reduce financial and technological costs.
- ISA, co-founded by India and France during the 2015 climate change conference in Paris has taken the center of India's efforts to play a leading role in global climate change.
- ISA is a major implementation center for the One Sun One World One Grid (OSOWOG), which seeks to transfer solar energy generated in one place to supply the electricity needs of others.
- India has allocated 5 acres of land to ISA on the campus of the National Institute of Solar Energy (NISE), Gurugram.
- NISE is an independent center of the Department of Energy and Renewable Energy (MNRE) and is a state-of-the-art National R&D center in the field of Solar Energy.
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