The Ministry of New and Renewable Energy (MNRE) has been asked to explore with its Chinese counterpart the possibility of China joining the International Solar Alliance (ISA). This could be instrumental in improving the access to solar energy among other member-nations.
This comes after Prime Minister Narendra Modi asked Chinese President Xi Jinping for China’s participation in ISA at the recent BRICS summit in Johannesburg, as China is the leading solar energy player in the world. ISA is a treaty-based organization meant to promote the development of solar energy in countries between the Tropic of Cancer and Tropic of Capricorn.
ISA interim director general Upendra Tripathy said, “It will collectively benefit the ISA member-nations. Other members of the ISA family will get better opportunity to interact with China, and even China will be able to understand the market better. In future, even if manufacturing becomes more decentralized, China will continue to play an important role.” China leading in terms of solar PV generation globally, the country’s participation will also provide other member-countries access to better technology and financing options, he added.