Photovoltaic Systems and Just Energy Transition: Bridging the Energy Gap in Developing Nations under the International Solar Alliance Framework

Registration ID: IJNRD_306957

Published ID: IJNRD2505343

: https://doi.org/10.56975/ijnrd.v10i5.306957

Ashutosh Kumar

International Solar Alliance (ISA), climate system, developing nations, energy transition, bridging the gap.

In the last three years, global investments in renewable energy capacity have outpaced those in fossil fuels. The considerable possibilities for harnessing solar and wind energy in various regions remain largely untapped, mainly due to the hesitance of risk-averse investors to commit resources to markets they view as challenging. Established in 2015, the International Solar Alliance (ISA) serves by way of a strategic inventiveness designed to unite nations abundant in solar resources to foster a larger market. This partnership aims to improve the implementation of current solar technologies, further reduce costs, and promote collaborative research and development in solar energy, along with capacity building. The ISA possesses significant potential to propel climate action in developing nations, particularly in regions of the global south, including Asia, Africa, Europe, and Latin America, provided it can successfully mobilize financing, technology, and large-scale solar initiatives. This document delineates the ISA as a strategic instrument for economic diplomacy among Global South nations, focusing on its economic goals—particularly in finance and technology aimed at facilitating a clean energy transition and fostering global leadership. By leveraging insights derived from the ISA's structure and operations, this brief emphasizes the necessity aimed at countries in the Global South to reassess as well as expand their involvement in this climate system. Ultimately, it provides strategy suggestions aimed at India toward effectively harnessing ISA's stage toward further its key cooperation aims of augmenting financial resources aimed at climate initiatives, thereby strengthening its broader strategy to enhance its position as a prominent global power.

Published Paper   E-Certificate

Ashutosh Kumar (May-2025). Photovoltaic Systems and Just Energy Transition: Bridging the Energy Gap in Developing Nations under the International Solar Alliance Framework. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 10(5), d488-d506. https://doi.org/10.56975/ijnrd.v10i5.306957

Volume 10 Issue 5, May-2025

Pages : d488-d506

Paper Reg. ID: IJNRD_306957

Published Paper Id: IJNRD2505343

Downloads: 000121999

Research Area: Others area

Author Type: Indian Author

Country: south Delhi, DElhi, India

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Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2505343

Crossref DOI: https://doi.org/10.56975/ijnrd.v10i5.306957

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

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