Regulatory structures needed for solar energy push

Among other challenges is the concentration of manufacturing in one or two countries which needs to be made more diversified geographically.

Solar energy has the edge among other renewable energy options and is much more reliable, Power Minister R.K. Singh said on Wednesday. Addressing the 6th assembly of International Solar Alliance (ISA) here, the minister said regulatory structures in terms of generation and transmission of power is required to spur the sector’s growth.

He noted that the rate of growth of renewable energy capacity in the country has been among the highest in the world.

Among other challenges is the concentration of manufacturing in one or two countries which needs to be made more diversified geographically.

The 6th assembly of the ISA will be held from 30th October to 2nd November and will focus on universalization of energy access through solar mini grids, mobilizing finance for accelerated solar deployment, and diversifying supply chains and manufacturing for solar. ISA will also release reports on solar technology, solar market, and solar investments.

The objective of the International Solar Alliance that consists of 109 member countries is to facilitate energy transition at the global level, energy security at national level, and energy access at local level, said Bhupinder Singh Bhalla, Secretary, Ministry of New and Renewable Energy.

Solar energy has the edge among other renewable energy options and is much more reliable, Power Minister R.K. Singh said on Wednesday. Addressing the 6th assembly of International Solar Alliance (ISA) here, the minister said regulatory structures in terms of generation and transmission of power is required to spur the sector’s growth.

He noted that the rate of growth of renewable energy capacity in the country has been among the highest in the world.

Among other challenges is the concentration of manufacturing in one or two countries which needs to be made more diversified geographically.

The 6th assembly of the ISA will be held from 30th October to 2nd November and will focus on universalization of energy access through solar mini grids, mobilizing finance for accelerated solar deployment, and diversifying supply chains and manufacturing for solar. ISA will also release reports on solar technology, solar market, and solar investments.

The objective of the International Solar Alliance that consists of 109 member countries is to facilitate energy transition at the global level, energy security at national level, and energy access at local level, said Bhupinder Singh Bhalla, Secretary, Ministry of New and Renewable Energy.

So far, 96 countries have already registered to participate in the 6th ISA assembly, the government said.