Today, heads of 23 nations and 10 ministerial representatives gathered in New Delhi for alliance's first summit, which is scheduled to start from Sunday.
Sri Lanka signed the Framework Agreement on ISA on January 31, 2018 in New Delhi. It is open to all 121 prospective member countries falling between the tropics of Cancer and Capricorn. Sixty countries had signed up to join the International Solar Alliance, Naidu said, adding that 30 countries had ratified the provisions of the alliance so far. He highlighted that solar energy was the future.
The aim of the summit is to deliberate on a finance mechanism for the promotion of solar energy in member countries, crowd-funding and technology transfer. The event will be attended by Prime Minister Narendra Modi and French president Emmanuel Macron, leaders of the countries behind the ISA's creation, as well as four prime ministers, 19 presidents and 17 ministers, the people said.
According to Naidu, the International Solar Alliance "is planning to get all the multilateral development banks to support the cause of the International Solar Alliance".
The International Solar Alliance (ISA) on Saturday signed agreements with global financial institutions, including development banks.
(MENAFN - NewsIn.Asia) Colombo, March 8 (newsin.asia): Sri Lankan President Maithripala Sirisena will be attending the International Solar Alliance (ISA) Founding Conference and the Solar Summit to be held in New Delhi on March 11.
"India shares Sri Lanka's emphasis on areas such as power, renewable energy, ocean resources, organic agricultural practices, port and airport facilities, " Mr Kovind said in a tweet.
The cooperation envisages solar power generation, solar based mini-grids and transmission systems for integrating solar energy into grids.