December 6 (Renewables Now) - The International Solar Alliance (ISA) has today become a treaty-based international intergovernmental organisation, 30 days after its framework agreement received its 15th ratification from Guinea.
Currently, 46 countries have signed and 19 countries have ratified the ISA framework agreement, India's Ministry of New and Renewable Energy (MNRE) said in a press release.
The ISA is an Indian initiative launched during the COP21 UN Climate Conference in Paris in 2015. Its objective is to overcome challenges to deploying solar at scale through aggregating demand from solar rich countries located fully or partially between the Tropic of Cancer and Tropic of Capricorn. So far, three programmes have been launched -- Scaling Solar Applications for Agriculture Use, Affordable Finance at Scale, and Scaling Solar Mini-grids. There are plans for a further two programmes -- Scaling Solar Rooftops and Scaling Solar E-mobility and Storage.