CURRENT AFFAIRS

Detailed explanation-1: -International Solar Alliance’s Fifth Assembly to be held in New Delhi from 17th to 20th October, 2022.

Detailed explanation-2: -Shri R.K Singh , Union Minister for Power and New and Renewable Energy today unvieled the curtain raiser to the Fifth Assembly of the International Solar Alliance along with side events to be held in New Delhi from 17th - 20th October, 2022.

Detailed explanation-3: -The key focus area of the 5th Assembly of International Solar Alliance (ISA) is streamlining the solar sector investments in countries where investments are not flowing at present. The assembly will also deliberate on creating a Risk Mitigation Facility for solar projects with a Payment Guarantee Mechanism.

Detailed explanation-4: -The Fifth Assembly of the International Solar Alliance was inaugurated today by Shri Raj Kumar Singh, Minister of Power and New & Renewable Energy, India in his capacity as the President, International Solar Alliance.

Detailed explanation-5: -ISA is hosting its first pavilion at COP27, Sharm El Sheikh, Egypt, from 7 – 18 November 2022. Focussed discussions & special sessions at the ISA Pavilion are designed to create greater consensus among stakeholders for promoting and adopting solar energy at a desirable speed and scale.