India promises $1 billion to African Nations for solar projects
After the International Solar Alliance's first summit conducted in New Delhi, the Government of India has declared financial support worth $1 billion for execution of solar power initiatives all over different nations in Africa.
The Ministry for External Affairs of India has drafted guidelines to make obtainable the $1 billion financial support for 23 initiatives all over 13 nations in Africa.
The ISA (International Solar Alliance) was a plan drawn by Narendra Modi, the Indian Prime Minister, and was rolled out in association with the Government of France in 2017 at the climate change summit.
The goal of the ISA is to support putting in place solar power of 1,000 Gigawatts capacity all over the world by the end of 2030. The Alliance also places well in strategic aspirations of India.
