ISA Launches New Solar Initiatives at 7th Assembly Session
POWER & RENEWABLE ENERGY

ISA Launches New Solar Initiatives at 7th Assembly Session

The International Solar Alliance (ISA) began its seventh Assembly session in New Delhi, with delegates from 29 countries in attendance. Union Minister for New and Renewable Energy, Pralhad Joshi, serving as Assembly President, emphasized ISA’s significant progress in advancing solar energy, particularly in Least Developed Countries (LDCs) and Small Island Developing States (SIDS). He noted that 21 out of ISA’s 27 solar demonstration projects showcasing scalable solutions have been completed.

ISA also launched a new Solar Data Portal, offering real-time insights into solar resources, project performance, and investment opportunities across member nations. Additionally, the Global Solar Facility was introduced, designed to direct commercial capital to underserved regions, especially in Africa. A pilot project, backed by a $39 million fund from India, ISA, Bloomberg, and the Children’s Investment Fund Foundation, will commence in the Democratic Republic of Congo by COP29.

France’s Minister of State for Development, Thani Mohamed Soilihi, virtually reaffirmed France’s commitment of €1.5 billion to ISA initiatives, focusing on financing access and capacity-building under ISA’s STAR-C program. ISA Director General Dr. Ajay Mathur stressed the Assembly’s goal of fostering innovative solar solutions and enhancing global partnerships.

The session also reviewed guidelines for ISA’s Viability Gap Funding (VGF) scheme, which offers grants covering up to 35% of eligible solar projects in LDCs and SIDS. Elections for ISA’s President and Co-President for the 2024-2026 term, as well as the announcement of a new Director General, set to take office in March 2025, are also on the agenda.

The Assembly will conclude on November 6 with a high-level conference on clean technologies and a visit to a Delhi farm demonstrating agrivoltaic systems.

The International Solar Alliance (ISA) began its seventh Assembly session in New Delhi, with delegates from 29 countries in attendance. Union Minister for New and Renewable Energy, Pralhad Joshi, serving as Assembly President, emphasized ISA’s significant progress in advancing solar energy, particularly in Least Developed Countries (LDCs) and Small Island Developing States (SIDS). He noted that 21 out of ISA’s 27 solar demonstration projects showcasing scalable solutions have been completed. ISA also launched a new Solar Data Portal, offering real-time insights into solar resources, project performance, and investment opportunities across member nations. Additionally, the Global Solar Facility was introduced, designed to direct commercial capital to underserved regions, especially in Africa. A pilot project, backed by a $39 million fund from India, ISA, Bloomberg, and the Children’s Investment Fund Foundation, will commence in the Democratic Republic of Congo by COP29. France’s Minister of State for Development, Thani Mohamed Soilihi, virtually reaffirmed France’s commitment of €1.5 billion to ISA initiatives, focusing on financing access and capacity-building under ISA’s STAR-C program. ISA Director General Dr. Ajay Mathur stressed the Assembly’s goal of fostering innovative solar solutions and enhancing global partnerships. The session also reviewed guidelines for ISA’s Viability Gap Funding (VGF) scheme, which offers grants covering up to 35% of eligible solar projects in LDCs and SIDS. Elections for ISA’s President and Co-President for the 2024-2026 term, as well as the announcement of a new Director General, set to take office in March 2025, are also on the agenda. The Assembly will conclude on November 6 with a high-level conference on clean technologies and a visit to a Delhi farm demonstrating agrivoltaic systems.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->