Monday, December 23, 2024

Solar projects in Africa could receive a boost with funds from India-led alliance

The United States, France, Germany, the United Kingdom, as well as more than 30 African countries are members of the ISA. China, the market leader in solar energy, is not yet part of the alliance

PRAVASISAMWAD.COM

An alliance of nations that push for more solar power worldwide are set to announce nearly $35 million for projects such as mini grids and rooftop installations, mainly in Africa, according to the group’s director general, reported AP.

At the sidelines of the group’s annual meeting in New Delhi on October 31, Ajay Mathur said the International Solar Alliance expected a $25 million investment from the Indian government, alongside its own cash injection of $10 million for smaller solar power infrastructure.

Officials from 116 nations have been discussing how to harness solar power to ramp up clean energy use and reduce reliance on planet-warming fossil fuels at the gathering.

The United States, France, Germany, the United Kingdom, as well as more than 30 African countries are members of the ISA. China, the market leader in solar energy, is not yet part of the alliance.

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David Solomon
David Solomon
(For over four decades, David Solomon’s insightful stories about people, places, animals –in fact almost anything and everything in India and abroad – as a journalist and traveler, continue to engross, thrill, and delight people like sparkling wine. Photography is his passion.)

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