Updated: Mar 10, 2018 13:08 IST
New Delhi [India], Mar. 10 (ANI): The International Solar Alliance (ISA) is working for the deployment of over 1,000 GW of solar energy, and aims to mobilise more than USD 1,000 billion into solar energy by 2030, the Finance Ministry said on Saturday.
In this regard, the ISA, African Development Bank (AfDb), Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), Green Climate Fund (GCF), and New Development Bank (NDB) on Saturday signed a joint financial partnership declaration, here.
The International Energy Agency (IEA) also signed a joint partnership declaration with the ISA.
With objective to deepen cooperation in support of renewable energy, R.K. Singh said that ISA has the potential to have a huge impact on future of planet.
“Today we are in a happy situation where renewable energy has become viable. Solar energy is the future,” he added.
Further, the International Renewable Energy Agency (IRENA) will sign a joint partnership declaration on 11th March 2018. (ANI)