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European development bank to sign solar pact with ISA

European development bank to sign solar pact with ISA

The president of the European Bank for Reconstruction and Development (EBRD) will arrive in India on Tuesday on a three-day visit during which he is expected to clinch a pact with the International Solar Alliance (ISA) for cooperation on renewable energy projects around the world. Suma Chakrabarti, who is visiting the Indian capital to attend the Prabodhan Leaders’ Conclave, will witness the signing of a joint declaration between the EBRD and ISA, setting out cooperation between the two institutions. The ISA was launched in November, 2015 by Prime Minister Narendra Modi and then French President Francois Hollande during the COP21 UN Climate Change Conference in Paris, and has created a platform for the promotion of solar energy across its 121 member countries. read more →

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