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At COP26, India’s ambitious global grid declaration is expected to be adopted

During the fourth general assembly, which will be conducted online between October 18 and 21, the global grid plan, a $1 trillion solar investment roadmap for 2030, and a blended financial risk mitigation facility are all expected to be discussed
October 19, 2021

COP26 – The International Solar Alliance (ISA) Director General Ajay Mathur said on Monday that India’s ambitious global grid declaration is expected to be endorsed at the United Nations Climate Change Conference in Glasgow. The COP 26 climate change conference in Glasgow is expected to endorse India’s ambitious ambition to establish a global solar grid. The idea, dubbed One Sun One Planet One Grid (Osowog), calls for the construction of a global solar grid that will allow solar energy to be transferred from one part of the world to another. The International Solar Alliance, or ISA, is in charge of putting this idea into action.

“The government asked ISA to conduct a feasibility analysis on the project. “We hope to share a declaration (on Osowog) that can be endorsed at COP 26,” said Ajay Mathur, ISA’s director-general. TERI, as well as French energy companies AETS and EDS, are also working on the proposal. Osowog is one of the primary topics that will be considered during the ISA’s fourth general assembly, which is now taking place. A $1 trillion investment road map for solar energy generation capacity, as well as a blended financial risk mitigation system, are among the others.

At COP 26, the UK and India will jointly launch the global ‘Green Grids Initiative – One Sun One World One Grid’ (GGIOSOWOG), which will focus on global technical, financial, and research cooperation to help facilitate cross-border renewable energy transfer projects, according to the International Solar Alliance. India proposed the idea of a single global solar grid for the first time during the ISA’s first assembly in 2018. It entails constructing and developing interregional energy grids to distribute solar energy around the world, taking use of differences in time zones, seasons, resources, and costs between countries and regions.

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