International Solar Alliance Seeks Cheap Energy Via Global Bids


International Solar Alliance Seeks Cheap Energy Via Global Bids

The International Solar Alliance, championed by India and France, came into effect Wednesday, aiming to promote affordable sun-powered electricity to its members through global tenders and cheap financing.

The inter-governmental agency, which has been ratified by 19 countries and has 46 signatories to its framework agreement, aims to mobilize $1 trillion of low-cost financing for solar energy by 2030, Upendra Tripathy, interim director general of the alliance said in an interview in New Delhi. Read More…

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