Parliament approves signing ISA framework agreement

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Sun, 27 Jan 2019 - 04:21 GMT

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Sun, 27 Jan 2019 - 04:21 GMT

House of Representatives General Assembly on January 27, 2019 - Egypt Today/Khaled Mashaal

House of Representatives General Assembly on January 27, 2019 - Egypt Today/Khaled Mashaal

CAIRO - 27 January 2019: The House of Representatives approved on Sunday in the general assembly presidential decree no. 349/2018 to sign the framework agreement of the International Solar Alliance (ISA).

Egypt became a founding member after Minister of Electricity and Renewable Energy Mohamed Shaker signed the agreement on March 10, 2018 in Cairo.

The ISA, headquartered in India’s Gurugram, is a group of 121 solar resource rich countries, and acquired the status of an international organization in 2017. It started as an initiative launched at the 2015 UN Climate Change Conference in Paris by Indian Prime Minister Narendra Modi and Former French President Francois Hollande.

The ISA “aims to deploy over 1,000 Gigawatt of solar energy and mobilise more than USD 1,000 billion into solar power by 2030, facilitating and accelerating the large-scale deployment of solar energy in developing countries in order to meet soaring energy demand and help fight climate change,” as stated on the UNFCCC website.

Parliament members praised Minister Shaker for his efforts to boost the renewable energy sector.

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