Macron announces additional 700 million euros for solar energy

Indian Prime Minister Narendra Modi right welcomes French President Emmanuel Macron at the International Solar Alliance founding conference in New Delhi India Sunday

The treaty-based organisation, launched by Indian prime minister Narendra Modi in 2015, aims to promote solar energy in 121 countries.

Venezuelan President Nicolas Maduro, Sri Lankan President Maithripala Sirisena and Bangladesh President Abdul Hamid were among the world leaders who attended the summit.

'In this regard, they welcomed the establishment, within the International Solar Alliance, of an international committee of chambers of industry, and the willingness of the MEDEF, SER, FICCI and CII among others to join it, ' the statement said. The Alliance also promised to find innovative financing mechanisms capable of building market for cost effective solar technologies along with positive policy initiatives to prompt public and private investments to bring down solar project expenses in developing countries.

Irena's project facilitation tools and platforms such as the Global Atlas for Renewable Energy, the Project Navigator, and the Sustainable Energy Marketplace will be made available to ISA, in support of its project-focused work in countries. The member states in the Alliance also pledged to "facilitate affordable finance, access to appropriate, clean and environment friendly technology and undertake capacity building, including forging mutually beneficial partnerships with reputable worldwide institutions and reputable financial institutions for the benefit of developing countries". Shaker said that by signing the agreement, Egypt will become a founding member of ISA because of its numerous sources of renewable energy, especially solar.

Macron reiterated that France has allocated in the recent three years some $300 million euros for various projects in the world, so thus the total amount will reach $one billion euros. "Consultancy support should be developed for bankable solar projects in developing nations".

"All of us her have experienced global warming". "We should not forget that we only have one planet and we are sharing it and for that there is no alternative".

Utah Jazz vs New Orleans Pelicans: Lineups, preview & prediction 3/11/18
New Orleans scored the first six points of the second quarter, and the score was tied six more times in the period. The Jazz (37-30) were led by Ricky Rubio who tallied a game-high 30 points to go along with 10 rebounds.

President Macron said that countries represented at ISA represent three-fourths of the world population. The adoption of the Delhi Solar Agenda underpins the grouping's target of raising $1 trillion investments for creating 1,000 GW, or 1 terra watt, of solar power capacity by 2030. The country has increased its solar power capacity by about eight times over the past four years.

As many as 60 nations have signed the agreement to join ISA, while 30 have already ratified the agreement and made it possible to make it a legal entity in December past year.

Speaking on the occasion, Macron said United States dollars 1 trillion will be needed to achieve one terawatt (TW) of solar power capacity by 2030.

"Each country with its solar energy potential will identify here their needs and how much finance they need". ISA already lists 121 mission projects. Solar and wind power tariffs have dropped to an all-time low of Rs 2.44 per unit and Rs 3.46 per unit, among the lowest in the world.

India's wind power generation capacity is 32.8 GW.

Of these, 100 GW is to come from solar and 60 GW from wind.

Related News:

  • Tiger Woods Within Striking Distance Of First Win Since 2013

    Tiger Woods Within Striking Distance Of First Win Since 2013

    Thinking of that image of Woods and to now see him near the lead of a golf tournament just 13 months later is remarkable. I know what it's like. "Did I feel any pain? No". "Shots he's trying to hit, he's pulling them off".
    Mitchell, White Reach Indoor NCAA Finals

    Mitchell, White Reach Indoor NCAA Finals

    For most of the athletes, the season wrapped up on February 23-24 in Geneva, Ohio, at the Big Ten Championships. There were highlights throughout the season, including an abundance of personal and school records.
    Trump lawyers want to stop '60 Minutes' from airing Stormy Daniels interview

    Trump lawyers want to stop '60 Minutes' from airing Stormy Daniels interview

    And while it's not clear that she'll prevail in that legal fight, it is clear that her appearance in the news has been good for her marketability.
  • Voting for Araria Lok Sabha seat and Assembly Constituencies of Bhabua & Jehanabad

    Voting for Araria Lok Sabha seat and Assembly Constituencies of Bhabua & Jehanabad

    The voters of Mayawatiji have deserted the BSP and have reposed their faith in Modiji, Yogi and BJP. The Bhabua assembly seat was vacated after the death of the BJP's Anand Bhushan Pandey.
    No one wants a trade war, says China

    No one wants a trade war, says China

    Part of the reason for the trade gap, Zhong said, was that the U.S. had restricted hi-tech exports to China. The two sides haven't halted economic dialogues and will continue the exchanges, the minister stressed.
    Khloé Kardashian Hosted the Cutest All-Pink Baby Shower

    Khloé Kardashian Hosted the Cutest All-Pink Baby Shower

    Kardashian celebrated three of her besties, Malika and Khadijah Haqq and Jen Atkins by singing happy birthday and having festive cakes made in their honor.
  • How to Watch Big East Tournament Final

    How to Watch Big East Tournament Final

    But a trio of 3-pointers by Kyron Cartwright narrowed the Wildcats' lead to 51-49 with 9:04 to play in the second half. He wrapped both arms around the ball in a vice grip and thrashed from left to right, trying to shake his defenders.
    Andre Ayew Applauds Swansea City Players After Huddersfield Draw

    Andre Ayew Applauds Swansea City Players After Huddersfield Draw

    The Swans striker saw red after challenging for the ball with Huddersfield midfielder Jonathan Hogg . Van der Hoorn admitted there were celebratory scenes in the visitors' changing room.
    Sean McDonough Won't Return to MNF; Joe Tessitore to Do Play-by-Play

    Sean McDonough Won't Return to MNF; Joe Tessitore to Do Play-by-Play

    A few weeks ago we learned Jon Gruden was leaving ESPN's Monday Night Football broadcasts for the NFL sideline. ESPN has announced that Monday Night Football will have a completely new team "in the booth" next season.
  • Bill Cosby's TV show daughter recalls his 'sinister' energy

    Bill Cosby's TV show daughter recalls his 'sinister' energy

    The truth will set you free", she says. "There was just energy ", she said in a March PorterEdit cover story . Cosby famously opposed her role in Angel Heart , in which she performed a nude sex scene with Mickey Rourke .

    Texas primary turnout buoys Democrats' hopes again

    Democrats feel more confident this election season due to the continued unpopularity of President Donald Trump . Cruz and his Democratic challenger who has generated national excitement despite facing long odds, U.S.
    NRA Files Lawsuit Over Florida Gun Control Legislation

    NRA Files Lawsuit Over Florida Gun Control Legislation

    It allows school staff to carry guns , with the agreement of their school district authorities and sheriff's department. Florida previously had a three-day waiting period for handgun purchasers who did not have a concealed weapons permit.


Most liked

Browns to acquire CB Damarious Randall
Taylor completed 62.6 percent of his passes, throwing for 2,799 yards and 14 touchdowns while being intercepted just four times. It also meant there was just no way the Browns planned on allowing Kizer to be a starter for the team again.

Mnuchin: US in talks with countries seeking tariff exemptions
A Mexican government official also denied that any concessions were offered to Washington. Freeland notes the written presidential proclamation putting them in place does not.

Short-handed K-State falls to KU in Big 12 Tournament semifinals
Can definitely make a run in the NCAA tournament, create a good chance for Zhaire Smith to turn some heads, rise up draft boards. Kansas State , meanwhile, was a No. 9 seed, and Thursday's win should lock it into a guaranteed spot. "We're a tournament team".

Bihar bypolls: Voting underway for Araria Lok Sabha, 2 assembly seats
Bihar Congress chief Kaukab Quadri claimed that 137 EVMs had faced "technical glitches" and harmed the flow of voting. However, a total of 14 candidates including three women are in the fray.

Smith wins toss, Australia bat in second Test against South Africa
Even though Elgar and Amla put on 88 for South Africa for the third wicket, that stand took almost 3 1/2 hours and 278 balls. The Australians pushed hard to break it, and the two South Africans responded with determined defence to stay out there.

London King's Cross station closed after protest
Meanwhile, many passengers reacted on social media platforms to the protest targeting Manchester Picadilly Station. King's Cross in London has been closed today because of a pro-Kurdish demonstration at the station.

Donald Trump touches down outside Pittsburgh ahead of PA-13th election
With the election just three days away, both campaigns have been attempting to galvanize their voters to turn out to the polls. But Lamb also supports the duties, so the issue isn't as effective a wedge for Saccone and Trump as it might otherwise be.

Allardyce: Tosun not an Everton flop
It had looked as though Theo Walcott had given the Blues the lead in the 60th minute but it went down as a Gaetan Bong own goal. With the exception of Steve Sidwell, Brighton are expected to go into this one with a full squad at their disposal.

Elizabeth Warren seeks to put 'Pocahontas' barbs behind her
Warren, a senator from MA says she will focus on winning re-election this year and representing the people of MA . Warren has been a rumored potential 2020 candidate, though on Saturday she denied that she plans to run.

Hector Bellerin Absolutely Ruins Troy Deeney After He Misses Penalty Against Arsenal
Troy Deeney stepped up but had his spot-kick saved by Cech. "But I think you'll see it for the remaining home games". Though, Petr Cech denied him a goal , keeping his 200th Premier League clean sheet in the process .

Indian Wells: Serena and Venus Williams to meet in third round
The first set could have gone either way as Bertens troubled Williams, though the Dutchman's serve proved to be her downfall. Williams will now face older sister Venus , whom she beat in the Australian Open decider at Melbourne Park previous year .

Trump Looking To Add Clinton Impeachment Lawyer To Russia Probe Legal Team
Neither the White House nor Flood responded to requests for comment. Bush on executive privilege cases during his administration. However, Trump is denying it completely.

Mexico, Canada may be exempted from tariffs
Several spoke of how excessive "dumping" of steel and aluminum imports had negatively affected their jobs and families. The import tariffs are likely to face retaliation from America's top trading partners, the European Union and China.

Mindy Kaling opens up about sleepless nights with her new baby
Gift giving isn't a competition.but if it were, Oprah Winfrey would easily beat Stephen Colbert . " A Wrinkle In Time " is directed by Ava DuVernay and is rated PG.

United Nations chief says Philippines president Duterte needs "psychiatric evaluation"
Special Rapporteur on the rights of indigenous peoples Victoria Tauli-Corpuz and former leftist Rep. He also challenged Duterte for pushing the fake terrorist list. "Ms.