Norway to become member of International Solar Alliance

Apr 27, 2022 05:02 PM ET
  • Norwegian Foreign Minister Anniken Huitfeldt revealed Norway's membership of the International Solar Alliance (ISA) during her official check out to India, a statement by the nation's Embassy here said on Tuesday.

Norway has actually decided to come to be a participant of the International Solar Alliance, an initiative of India targeted at promoting renewable energy and also lasting growth.

Norwegian Foreign Minister Anniken Huitfeldt announced Norway's membership of the International Solar Alliance (ISA) during her official check out to India, a statement by the nation's Embassy said on Tuesday.

The International Solar Alliance is a multilateral organisation helping increased implementation of solar energy technologies around the globe.

"We require to boost the pace of the green change worldwide, and also the use of solar cells will be necessary in this context. This is why Norway is joining the International Solar Alliance," Huitfeldt was priced quote as stating by the statement.

This will open up brand-new opportunities for Norwegian companies, research, and also collaboration between India and also Norway around, she said.

"Norway plays an energetic role in the initiatives to fight international warming as well as boost accessibility to clean energy. We give high priority to climate and also power issues, as well as the International Solar Alliance will certainly give a crucial field for strengthening political collaboration and also enhancing partnership on solar power options with India in the time ahead," said Ms Huitfeldt.

The ISA works to enhance as well as harmonise demand for solar energy remedies and also helps member countries to protect financing for sensible projects. The ISA likewise looks for to lower the threats and also expenses related to solar energy development.

"Norway and India have a long tradition of teamwork in a variety of fields, including a variety of joint projects on climate change and the environment. Engagement in the ISA will certainly better strengthen these initiatives," Huitfeldt claimed.

Norway can provide experience in areas such as electrification, smart grids and renewable resource financing, the statement said. Norwegian participation in the clean power ball in India is broadening, particularly in the economic sector, it said.

Membership of the ISA will certainly raise the visibility of India as a market for Norwegian firms, it added.

Furthermore, Norfund (the Norwegian Investment Fund for creating nations) lately okayed for new financial investments in wind and also solar energy in India.

Huitfeldt visited a facility for developing roof solar power systems in which Norfund is among the investors, the statement stated.

Solar Installers, Manufacturers