India seeks to promote solar energy throughout the world

International Solar Alliance

By the end of 2017, it had almost 7 times that, or 20 GW, according to industry tracker Bridge to India, a renewable energy consultancy.

In a press statement, Cuomo pledged to provide a USD-1.4-billion (EUR 1.1bn) investment package for the implementation of 22 utility-scale solar schemes with a combined capacity of 646 MW, three wind projects of 733.6 MW in total, one of them with storage capacity, and one hydropower plant (HPP) project of 3.23 MW.

"That's more than twice the capacity that the U.S. added across all energy sources in 2016, after subtracting retiring plants, and less than eight gigawatts of the total were solar", the magazine said.

A report from General Electric, which has operations in both renewable and conventional energy resources, said the Indian government has ambitious plans to boost oil and gas production, but has fallen short of its goals in the past.

"Orion wishes to thank the landowners, the Spencer County Council, and the Lincolnland Economic Development Corp. for their support of the project", notes Tim Lasocki, vice president of origination and finance for Orion.

The partnership agreement was sealed on the margins of the Founding Conference of the International Solar Alliance (ISA) held in New Delhi on March 11.

"This signing is an important milestone for the Bank in its efforts to lead the continent's transformation towards sustainable energy, through the use of solar technologies, and in its bid to reach universal access to energy in Africa". It acquired the state of worldwide organisation in December previous year.

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23 countries have taken part in an ISA consultation on their priorities in the fields of solar energy for agriculture and rural areas, solar mini-grids, rooftop installations and e-mobility.

The solar energy sector, facing a challenge of funding, received considerable support at the conference.

The projects will also help advance the governor's Clean Energy Standard to obtain 50 percent of New York's electricity from renewable energy sources by 2030.

The ISA is the outcome of an idea Mr Modi presented at the United Nations Climate Change Conference in Paris in 2015 and envisages the involvement of 121 countries situated (fully or partially) between the Tropics of Cancer and Capricorn - essentially Earth's "sunbelt".

Thirty-two (32) of the ISA's 60-member countries are from Africa.

Progress is clearly happening quickly: During 2017 alone, India doubled its installed solar capacity from 10 GW to 20 GW. The plant will generate 15.6 crore units of electricity annually, about 1.30 crore units per month.

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