India will host the first International Solar Alliance (ISA) Summit on March 11, 2018 in New Delhi.
The International Solar Alliance aims to launch 121 projects during the summit which will be signed in two phases - with 50 on March 11 and another 71 on April 20.
During the summit, two new programmes will be inaugurated. These programmes will be on- Scaling Solar E-Mobility and Storage, and Rooftop Solar.
ISA
The ISA is an Indian initiative, jointly launched by the Prime Minister of India and the president of France on November 2015 in Paris, on the side-lines of COP-21, the UN climate conference.
The International Solar Alliance is alliance 121 countries, most of them being sunshine countries, which come either completely or partly between the Tropic of Cancer and the Tropic of Capricorn.
The primary objective is to collectively work for efficient exploitation of solar energy to reduce dependence on fossil-based fuels.
The Headquarters is in India with its Interim Secretariat being setup in Gurgaon.
The agreement will become operational after at least 15 countries have ratified it.
It is also expected to mobilise $1 trillion for funding solar energy projects by 2030.
The institutional structure of ISA consists of an Assembly, a Council and a Secretariat.