To invest in solar energy globally is expected to cost an estimated one trillion dollars governments and public-private partners.
This was disclosed during the International Solar Alliance (ISA) in New Delhi, India.The alliance was launched at the Paris Climate Summit in 2015.
Solar Power is gaining international applaud for being conducive environmentally and easy to be accessed by countries.
“Solar power is part of the answer to climate change. To speed adoption and get environmental benefits, it has to be as reliable and affordable as other energy sources,” Rwandan President Paul Kagame said during his speech on need to use solar power in India.
“Public-private partnership is required. The International Solar Alliance’s proposed tools to mitigate credit risk send an important signal to the market, that solar energy is a viable business.”
The International Solar Alliance (ISA) is an alliance of more than 121 countries, most of them being sunshine countries, which lie either completely or partly between the Tropic of Cancer and the Tropic of Capricorn.
He it is on the list of Sustainable Development Goals for the African Union Agenda 2063 targets expected to to connect local communities in Africa on solar power.
Rwanda has a 8.5MW solar power plant in Rwamagana a daytime power supply in Eastern Province.