Indian prime minister Narendra Modi and French president Francois Hollande launched an international solar alliance at the Paris climate summit on Monday.
“A symbol of life & a source of hope! PM @narendramodi & Prez @fhollande at launch of Int’l Solar Alliance,” external affairs ministry spokesman Vikas Swarup tweeted.
While most of the signatory nations consists of the tropics, several European countries have also joined the alliance.
Areva, Engie, Enel, HSBC France, and Tata Steel are the companies which have involved themselves in the project.
“In the Indian tradition, Sun is the source of all forms of energy,” the Indian prime minister said.
He further added that India had the capacity of four gigawatts (GW) and it would increase to a set target of 100 GW of solar power by 2022.
This alliance of 122 countries lying between the Tropics of Cancer and Capricorn has been formed to collectively harness the power of the Sun.
(With inputs from IANS)For all the latest National News, download NewsX App