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PratapDarpan > Blog > World News > India signs $2 million project agreement with International Solar Alliance
World News

India signs $2 million project agreement with International Solar Alliance

PratapDarpan
Last updated: 27 November 2024 02:20
PratapDarpan
7 months ago
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India signs  million project agreement with International Solar Alliance
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India signs $2 million project agreement with International Solar Alliance

According to an official release, the Ministry of External Affairs on Tuesday signed a project implementation agreement with the International Solar Alliance to operate a USD 2 million solar project in Fiji, Comoros, Madagascar and Seychelles.

This development comes after India committed to invest USD 2 million in new solar projects in these Indo-Pacific countries under the Quad Climate Working Group initiative.

After the signing of the agreement, External Affairs Ministry spokesperson Randhir Jaiswal took to social media platform X to highlight India’s commitment towards renewable energy and just energy transition in the island countries of the Indo-Pacific.

New chapter in Quad climate initiative.

A Project Implementation Agreement was signed between the Ministry of External Affairs and the International Solar Alliance for the operation of solar projects in Comoros, Fiji, Madagascar and Seychelles.

These projects?? Outlines the quad of… pic.twitter.com/GrIScJxXTP

– Randhir Jaiswal (@MEAIndia) 26 November 2024

According to a study conducted by ISA, countries under consideration for solar projects have energy issues related to perishability of agricultural products, unreliable power supply in health centers and irrigation purposes in remote areas where there is no grid power supply or solar mini grid. Are not. Still available, the release said.

The release said solar projects in these countries focus on the areas of cold storage, solarization of health care facilities and solar water pumping systems.

The successful implementation of these projects is expected to increase energy access, generate employment and provide reliable and quality power supply in these Indo-Pacific countries, the release said.

Solar energy is a viable solution to help these countries deal with climate change challenges.

The Ministry of External Affairs said, “The latest round of clean energy investments by India in these countries is part of the Quad’s efforts to address the challenges posed by climate change and facilitate their transition to clean energy economies for people, the planet and our shared prosperity.” Strengthens commitment.” Release added.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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