Prime Minister Narendra Modi, and the President of France Mr François Hollande, has jointly laid the foundation stone of the International Solar Alliance (ISA) Headquarters and inaugurated the interim Secretariat of the ISA in National Institute of Solar Energy (NISE), Gwalpahari, Gurgaon. GOI has dedicated 5 acre land in NISE campus for the ISA Headquarters and also has contributed Rs 175 crore for ISA corpus fund and also for meeting expenditure for initial five years.

ISA is part of Prime Minister’s vision to bring clean and affordable energy within the reach of all and create a sustainable world. It will be a new beginning for accelerating development and deployment of solar energy for achieving universal energy access and energy security of the present and future generations.

PM Narendra Modi stated that ISA will be India’s first international and inter-governmental organization headquartered in India. ISA will be dedicated to promotion of solar energy for making solar energy a valuable source of affordable and reliable green and clean energy in 121 member countries. He thanked the President of France for his continued help and support in shaping ISA.

ISA has been envisioned as a specialized platform and will contribute towards the common goal of increasing utilization and promotion of solar energy and solar applications in its member countries.

The Paris declaration on International Solar Alliance states that the countries share the collective ambition to undertake innovative and concerted efforts for reducing the cost of finance and cost of technology for immediate deployment of competitive solar generation, financial instruments to mobilise more than 1000 Billion US Dollars of investments needed by 2030 for the massive deployment of affordable solar energy and to pave the way for future solar generation, storage and good technologies for countries’ individual needs.