Road Map to the Future
Finance Mobilization
Develop innovative funding mechanisms beyond government grants – such as solar investment trusts, multilateral bank lending, overseas development assistance, corporate social responsibility efforts, and blended finance instruments.
Technology Development
Undertake collaborative R&D across member countries and build testbeds for technologies like energy storage, smart grids, hydrogen electrolyzers, and solar forecasting. Share best practices.
Capacity Building
Create training and certification programs for solar jobs to address skill gaps. Facilitate knowledge exchange around policies, regulations, business models, technical standards, etc.
Market Integration
Harmonize rules around cross-border power trading, wheeling charges, ancillary service trading, and electricity markets to foster seamless renewable energy exchange.
Graduation Pathways
Provide differentiated benefits and graduation pathways for members to transition from being aid recipients to providers as their domestic solar markets mature.
Private Sector Participation
Drive commitments from corporates, banks, and institutional investors towards massive solar investments through the Alliance’s platforms.
Monitoring & Evaluation
Conduct periodic progress assessments around deployments, costs, jobs created and related SDG linkages enabled through ISA’s initiatives.
International Solar Alliance
International Solar Alliance: The International Solar Alliance (ISA) is an intergovernmental alliance of 121 sun-oriented rich nations lying between the Jungles of Malignant Growth and Capricorn. Initiated at COP21 in 2015, the ISA aims to collaborate on markets, technologies, and affordable solar financing to raise $1 trillion in investments by 2030. With India and France leading its establishment, ISA presents a committed stage to progress sun-based energy reception for environment activity and just energy changes across the creating scene.