Friday, December 11, 2015

Solar Technology

India continues to be very forward thinking and ambitious will all of their goals they have presented at the COP21 in Paris. One area of great importance is the need for all countries, but especially developing counties is to invest in alternative forms of energy. At this current point in time, it is not feasible for India to shift completely to alternative energy sources because there is simply not enough potential to allow them to continue to grow as a country. Therefore, they recognize that fossil fuels cannot be completely avoided and they must find ways to be more efficient and clean with them. The Prime Minister of India Narendra Modi has continued to stress their commitment to climate change and taking action which can be seen through the launch of the International Solar Alliance with the French President Francois Hollande. One of the main aspects to this alliance is the focus on countries with enormous solar potential that are located around the equator, Tropic of Cancer and Tropic of Capricorn. It is very important to utilize this great potential because developing countries struggle the most with people lacking access to energy. Over 1.3 billion people in all of the developing countries do not have access to energy which is a very significant portion of our entire population around the world. This is very alarming and it is clear that serious steps must be taken to ensure that we are able to provide sufficient energy to our entire population. This is absolutely vital that these resources are taken advantage of because they will play a key determining role with regard to the ability of the developing countries to continue to grow their economies. The overall objective of the ISA is to significantly increase the amount of solar and other types of alternative energy sources through the implementation of joint projects, programs and policies in order to ensure that this is possible. There are also plans for financial assistance for the projects as it will require significant help from developed nations with an estimated cost of $1 trillion USD by the year 2030 to ensure that these projects are made possible. India is very committed to this and has already stated that they would aim to enable the implementation of 100 GW of solar energy by the year 2022. This is a very significant step toward a greener future for India. India is not only committed to implementing these measures, they have also committed a significant amount of land toward renewable energy as well as mobilized $30 million USD to build the necessary foundation for this project. This is very exciting and hopefully everything plays out as planned so that developing countries and work together toward a greener future.

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