It is such good news to see more and more countries converting to renewable energy sources. But the biggest shock of them all is India!
India has been betting big on solar power. The government has even decided to build solar power generation capacity totaling 100 GW by 2022.
In January, Prime Minister Narendra Modi and French President Francois Hollande laid the foundation of the ISA at Gurgaon. The two leaders also inaugurated the temporary headquarters of the alliance, which is touted as a multilateral platform to promote the use of solar energy by bringing together companies, research institutions and even the governments of around 120 different countries!
“Last 20-30 years, the oil-producing countries have dictated the world with their natural resources. Now with India being at the center of the initiative like the International Solar Alliance gives the country a unique opportunity. This alliance will drive the future of investment and innovation in solar sector and of course, Indian companies are looking at the development very positively,” said Ketan Mehta, chief executive of Rays Power Infra Pvt. Ltd, a company working in the solar sector.
“India is going to be a powerhouse, especially in solar sector. We will have power not just for our own consumption but for neighboring countries as well,” he added.
India is hoping that the ISA will become a reality within the next few months. And although it will be based in India, Modi has declared that it will be a global institution meant for the benefit of mankind.
Let us hope that the momentum behind solar keeps up in India, and that reliance on coal can be reduced as soon as possible. It really is the only way to go.