ISA Unveils Solar Fund for Africa

Key Figures & Findings: The International Solar Alliance (ISA)  a global organization formed in 2015 with over 100 member countries,   recently launched a $39 million fund and introduced a Solar Data Portal, a platform designed to improve project transparency and support informed decision-making, during its assembly in New Delhi, India. This initiative, aligned with ISA’s mission to foster global solar adoption, aims to assist African nations with funding for sustainable solar energy projects.
Insights: The new ISA solar data portal will help streamline project implementation and track funding effectiveness. In addition, the platform provides data-driven insights and supports transparent resource allocation for African solar projects.

Future Implications: This fund could help improve energy access for millions across Africa. ISA’s ongoing commitment to solar expansion may further strengthen solar energy as a cornerstone for sustainable development.

Source: Economic Times - Energy