Moldova Joins International Solar Alliance to Boost Renewable Energy

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Posted by NewAdmin on 2025-02-14 09:04:56 |

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Moldova Joins the International Solar Alliance
Moldova has officially become a member of the International Solar Alliance (ISA) by signing the ISA Framework Agreement in New Delhi. This step underscores Moldova’s commitment to renewable energy and sustainability. The agreement was signed by India’s External Affairs Minister S. Jaishankar and Moldovan Deputy Prime Minister Mihai Popșoi, marking a significant moment in global efforts to accelerate solar energy adoption. Moldova’s membership follows Armenia’s recent accession as the 104th full member of the ISA.

What is the International Solar Alliance?
Founded in 2015 during COP21 in Paris by Indian Prime Minister Narendra Modi and French President François Hollande, the ISA promotes solar energy adoption globally. Its mission is to address challenges like technology costs, financing, and scalability in solar energy, particularly for solar-resource-rich countries. The ISA aims to mobilize over USD 1,000 billion for solar projects by 2030 and has 120 signatories, with 100 full members.

Objectives and India’s Role in Solar Energy
The ISA’s core objectives include mobilizing investments, reducing financing costs, and scaling solar technologies in member countries. India plays a pivotal role in these initiatives, having solarized government buildings and healthcare facilities worldwide. Notable ISA projects include solarizing the Malawian parliamentary building and setting up solar-powered cold storage in Seychelles. These efforts highlight India’s leadership in renewable energy.

Impact and Global Outlook
Moldova’s inclusion in the ISA reflects growing global recognition of solar energy as a key solution to climate change. By uniting nations rich in solar resources, the ISA aims to reduce reliance on non-renewable energy and create transformative energy solutions for LDCs and SIDS. As Moldova joins the alliance, the ISA’s vision for a solar-powered future continues to gain momentum.

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