Live: PM Modi at the Founding Conference of the International Solar Alliance

The International Solar Alliance(ISA) is the first treaty-based intergovernmental organisation to be based in India that aims to help sunshine-rich developing countries to tap solar energy at more affordable prices. Prime Minister Narendra Modi and French President Emmanuel Macronon Sunday co-chaired the first Founding Conference of ISA at Rashtrapati Bhavan in New Delhi. The summit was attended by United Nations Secretary-General Antonio Guterres, Venezuelan President Nicolas Maduro and Bangladesh President Abdul Hamid among other dignitaries from over 50 countries. Out of the 121 countries, 61 have joined the alliance. 32 others have ratified the framework, PM Modi said adding that India wants solar revolution globally. India will produce 175 GW electricity from renewable sources by 2022 and 100 GW will be from solar. Distribution of 28 crore LED bulbs in 3 years has saved $2 billion and 4GW of electricity. India will also provide 500 training slots for ISA member countries and start solar tech mission to lead R&D in the sector, he said. He also called for framing regulations and standards to promote solar energy. PM Modi spoke about mention of Sun as soul of the world in Vedas.