See More on Facebook

Diplomacy, Economics

India bets big on solar after Macron visit

India is investing heavily in its renewable sector after an early-March visit from French President Emmanuel Macron.


Written by

Updated: March 22, 2018

India has stepped up efforts to position itself as a global climate change leader by co-hosting the newly-founded International Solar Alliance’s (ISA) meeting.

Prime Minister Narendra Modi and French President Emmanuel Macron, during his visit to India earlier this March, co-chaired the ISA meet on March 11. The ISA is an initiative the two countries launched. Over 60 countries have signed up for the alliance, and 32 have already ratified it

India and France underlined the significance of ISA for global energy security and environmental protection.

“We want India as our first strategic partner here, and we want to be India’s first strategic partner in Europe, and even in the western world,” Macron said.

Green Power

Modi urged leaders from 33 countries taking part in the ISA meet to boost investment in renewable energy to fight climate change.

Macron, on his part, pledged 700 million euros (US$861.5 million) by 2022 for new solar projects in developing countries.

The ISA has been working on a US$300-billion risk mitigation fund as part of a strategy to create a sustainable financing architecture for solar projects worldwide.

Speaking at the meet, Modi unveiled a 10-point plan saying India would generate 175 gigawatts (GW) of green energy from renewable sources by 2022, including 100 GW of solar power. India aims to achieve 40 per cent installed power capacity from renewable energy by 2030. At present, its installed renewable energy capacity is 63 GW.

ISA’s target is to undertake joint efforts to reduce the cost of finance and the cost of technology, and mobilise more than US$1 trillion by 20130.

India’s biggest solar power plant

The two leaders inaugurated India’s biggest solar power plant in Mirzapur in the country’s most populous state Uttar Pradesh. The 75 MW plant has been built in collaboration with French solar power giant Engie Solar.

The leaders also reiterated their intention to start work by the end of this year on what could become the world’s largest nuclear power plant. The leaders urged Electricite de France SA and India’s monopoly atomic energy producer, Nuclear Power Corp., to accelerate discussions on a contract and start work at the site in Jaitapur, in Maharashtra state, by December.

“Once installed, the Jaitapur project will be the largest nuclear power plant in the world, with a total capacity of 9.6 gigawatts,” a joint statement by the governments during Macron’s visit to India said.



Enjoyed this story? Share it.


Lamat R Hasan
About the Author: Lamat is an Associate Editor at Asia News Network.

Eastern Briefings

All you need to know about Asia


Our Eastern Briefings Newsletter presents curated stories from 22 Asian newspapers from South, Southeast and Northeast Asia.

Sign up and stay updated with the latest news.



By providing us with your email address, you agree to our Privacy Policy and Terms of Service.

View Today's Newsletter Here

Diplomacy, Economics

US bill on HK infringes on China’s sovereignty

An editorial from Chinese State Media. The passage by the US House of Representatives of the Hong Kong Human Rights and Democracy Act, which confirms the United States’ support for protests in China’s special administrative region, comes as no surprise, given the high-profile support in the House and the visit of Hong Kong activists Joshua Wong and Denise Ho to the US last month. It is also likely to be passed by the US Senate soon. In supporting the legislation, which threatens Hong Kong’s “special status” if certain provisions are not made to protect its autonomy, US politicians claim they are supporting the “rights” and “liberties” of Hong Kong people. China calls the legislation a mechanism that supports separatism. Although the Western media are quick to dismiss such a claim, details of the act reveal Washington’s real agenda goes f


By China Daily
October 23, 2019

Diplomacy, Economics

South Korea PM’s Japan visit a chance to mend ties

The two countries have not seen eye to eye after a trade dispute. Prime Minister Lee Nak-yon kicked off a three-day visit to Japan in the hope that a meeting with his Japanese counterpart will pave the way for improvements in the two countries’ strained relations. Before heading to Tokyo, Lee said he hoped South Korea and Japan would foster harmonious and mature relations despite difficulties, speaking with Japanese Ambassador Yasumasa Nagamine, who saw Lee off at Seoul Airport in Seongnam, Gyeonggi Province. “I don’t expect that this visit will resolve everything but it will become an opportunity to take a step forward,” Lee said. Lee described Japanese Emperor Naruhito as a “warm and friendly” person, recalling their encounter at the World Water Forum in Brazil in March last year. On Tuesday, Lee attended Naruhito’s enthronement ceremony at the Imperial Palace, which was followed


By The Korea Herald
October 23, 2019

Diplomacy, Economics

Mahathir warns of possible trade sanctions on Malaysia amid US-China trade war

From a Reuters report in Straits Times. Malaysian Prime Minister Mahathir Mohamad said on Monday (Oct 21) that his exports-reliant country could be hit with trade sanctions amid rising protectionism highlighted by the United States-China tariff war. Tun Dr Mahathir did not mention the source of possible sanctions on the South-east Asian country, but said he was disappointed that proponents of free trade were now indulging in restrictive trade practices on a “grand scale”. “Unfortunately, we are caught in the middle,” he told a conference in the capital Kuala Lumpur, referring to the US-China trade war. “Economically, we are linked to both markets and physically, we are also caught in between for geographical reasons. There are even suggestions that we ourselves would be a target for sanctions.” The US and China were two of the three biggest export dest


By The Straits Times
October 23, 2019

Diplomacy, Economics

Nepal needs development, but not by coercion

Reimagining Nepal and developing it warrants a broad outlook that listens to its people and shows regard for their displeasure. The country’s obsession with bulldozers and excavators as a symbol of development reached an eerie new high yesterday as a viral video sent a chill down people’s spines. In the name of building a road in Dashrath Chand Municipality in Baitadi (roads are synonymous with development in Nepal), an excavator was seen gouging into the land even as locals protested and pelted it with stones. Read: Excavator operator and three others detained for investigation in Baitadi As the excavator operator pressed forward using brute force in a disoriented manner, the massive machine’s toothed bucket knocked down a woman to the


By The Kathmandu Post
October 23, 2019

Diplomacy, Economics

S. Korea grapples with gender discrimination in workplace

Despite it’s high economic developments, critics say that South Korea has to improve workplace equality. South Korea has seen its female employment index improve steadily over the past 10 years, but continues to struggle with gender equality when it comes to parental leave and consequent career breaks, data showed Monday. Unlike in most developed economies which tend to see the employment rate of women in their 40s peak and start declining in the 50s, Korea has seen women in their late 30s and early 40s — the prime age for childbirth and childcare — being pushed out of the labor market. All seven of the so-called 30-50 club count


By The Korea Herald
October 22, 2019

Diplomacy, Economics

New Delhi slams Islamabad for unilaterally stopping postal services

Prasad further said that Pakistan ‘without any prior notice or information has stopped sending postal department’s letter to India’. Union Minister Ravi Shankar Prasad on Monday said that Pakistan had stopped postal service from India for the last two months and slammed the move saying that it was in contravention of international norms. “For the last two months, Pakistan has stopped postal service from India. It’s directly in contravention of the World Postal Union’s norms,” Prasad told reporters. “But Pakistan is Pakistan,” Prasad, who is the Minister for Communications and IT, added. He said that Pakistan “without any prior notice or information has stopped sending postal department’s letter to India”. Pakistan has upped the ante against India ever since Parliament withdrew special category status to Jammu and Kashmir by revoking Article 370 of its Constitution.


By Dawn
October 22, 2019