- The International Solar Alliance is an international organisation with 109 member countries. It works with governments to improve energy access and security worldwide and promote solar power as a sustainable way to transition to a carbon-neutral future.
- ISA’s mission is to unlock US$ 1 trillion of investments in solar by 2030 while reducing the cost of the technology and its financing. It promotes the use of solar energy in the Agriculture, Health, Transport and Power Generation sectors.
- ISA member countries are driving change by enacting policies and regulations, sharing best practices, agreeing on common standards, and mobilising investments. Through this work, ISA has identified, designed and tested new business models for solar projects; supported governments to make their energy legislation and policies solar-friendly through Ease of Doing Solar analytics and advisory; pooled demand for solar technology from different countries, and drove down costs; improved access to finance by reducing the risks and making the sector more attractive to private investment; increased access to solar training, data and insights for solar engineers and energy policymakers.
- India and France launched the International Solar Alliance (ISA) to boost solar energy in developing countries. It was launched at the United Nations Climate Change Conference in Paris in November 2015 by the Indian Prime Minister and French President. Its secretariat is located in Gurugram, India.
- The ISA Assembly is the apex decision-making body of ISA, in which each Member Country is represented. This body makes decisions concerning the implementation of the ISA’s Framework Agreement and coordinated actions to be taken to achieve its objectives. The Assembly meets annually at the ministerial level at the ISA’s seat. It assesses the aggregate effect of the programmes and other activities in terms of deployment of solar energy, performance, reliability, cost and scale of finance.
The Sixth Assembly of the International Solar Alliance is being held in New Delhi from October 30 – November 2, 2023
The Sixth Assembly of the ISA will deliberate on ISA initiatives that impact energy access, energy security and energy transitions, with a focus on:
- Universalisation of energy access through solar mini-grids
- Mobilising Finance for accelerated solar deployment
- Diversifying supply chains and manufacturing for solar
ISA also be released three flagship reports providing updates on Solar Technology, Solar Market and Solar Investments.
- World Solar Technology Report 2023 focuses on solar photovoltaics (solar PV), highlighting the remarkable advancements in crystalline silicon technology. Solar PV has experienced exceptional growth, expected to capture 56.4% of total renewable energy share by 2050. Crystalline silicon technology dominates the market with a 98% share; in particular, monocrystalline and emerging technologies like organic PV and perovskite PV hold promise for the future.
- World Solar Market Report 2023 offers a comprehensive analysis of the evolution of the solar market, from its European origins to its current leadership in the Asia-Pacific region, registering a remarkable 37% compound annual growth rate, significant market expansion in 2022 and changing regional dynamics in solar adoption.
- World Solar Investment Report 2023 highlights the surge in global solar investments in 2022, exceeding $300 billion (a 36% increase from 2021). Asia Pacific, Europe and North America led the way, with China, Germany, and the USA as top investment destinations. To ensure a robust solar future, the report argues that we must invest in grid infrastructure and storage, diversify supply chains, and prioritize emerging markets for inclusive energy transition.