Focussing on the issue of energy access, he said, “With 600 million people in Africa still living without access to electricity—and across the Global South, where 70% of the world’s population resides—there is an urgent need for nearly $200 billion in investments. ISA is mobilising $200 million to leverage more than 30 times the private investment in Distributed Renewable Energy in Africa while connecting 16 Centres of Excellence with digitalisation support from Global Capability Centres (GCC’s); providing technology and policy roadmaps while engaging in-depth across select countries.”
Mr Tobias Rinke, Deputy Head of Division, Federal Ministry for Economic Affairs and Energy, Germany, in his opening statement as the Chair of the Meeting reaffirmed the collective commitment to advancing solar energy and ensuring its benefits are equitably distributed across the world. He highlighted the International Solar Alliance’s evolution into a truly global platform, now comprising 123 Member and Signatory countries, and noted the doubling of active engagements since 2022. He emphasised that the meeting presents a timely opportunity to shape the next phase of ISA’s global agenda. He further emphasised the global consensus reached at COP28 in Dubai, where countries agreed to triple renewable energy capacity, enhance energy efficiency by 2030, and transition away from fossil fuels. He underscored the critical role of solar energy in achieving these goals—not only as a key solution in the fight against climate change, but also as a means to enhance energy security, reduce dependence on fossil fuel imports, drive economic growth, and create quality jobs.
Highlighting the leadership potential of the Europe and Others region, he pointed out that the region comprises some of the world’s most advanced economies, innovation leaders, and green technology pioneers. He stressed that with its strong technological capabilities, financial resources, and institutional strength, the region is well-positioned to drive and inspire the global energy transition. He also noted Germany’s readiness, during its vice presidency, to work ollaboratively with regional partners to shape a shared vision for the International Solar Alliance.
Ms Laura Cozzi, Director of Sustainability, Technology, and Outlooks at the International Energy Agency (IEA), in a conversation with Mr Ashish Khanna, Director General, ISA, addressed the rise of artificial intelligence in rapidly reshaping global energy systems. The conversation underscored critical insights on AI’s dual impact and transformative potential in enhancing grid efficiency and accelerating solar deployment.
She noted that artificial intelligence is fundamentally transforming the energy sector, simultaneously driving up electricity demand—particularly through data centres—and offering innovative solutions for grid management and the integration of renewable energy. She highlighted projections indicating that AI-related infrastructure could add electricity demand equivalent to that of a ‘new Japan’ by 2030. Despite this surge, AI holds immense potential to optimise grid operations, accelerate solar deployment, and improve energy access, particularly in the Global South. To monitor these trends and promote practical applications, she also informed about the launch of a new Energy and AI Observatory by the International Energy Agency.
In the second fireside chat, themed, ‘Changing Paradigm’, the Director General of the International Solar Alliance engaged in a wide-ranging conversation with Ms Kate Hampton, CEO of the Children’s Investment Fund Foundation (CIFF), exploring the shifting role of philanthropy in climate finance. Against the backdrop of declining aid flows and rising urgency for sustainable investment, the dialogue delved into catalytic finance, solar deployment, and the systemic reforms needed to unlock meaningful progress across the Global South.
Kate Hampton emphasised that accelerating solar deployment is essential for advancing both human development and climate goals, as it significantly contributes to productivity gains and emissions reductions. She pointed out that the key financial barrier is not the availability of debt, but the lack of catalytic or patient equity—an instrument crucial for mobilising private investment. She highlighted the unique role of philanthropy in addressing this gap by supporting country platforms through technical assistance, policy engagement, and junior equity.
Additionally, she stressed that a major constraint lies in the availability of skilled professionals capable of navigating the complexities of delivery, policy, and finance—an area where philanthropic support can be instrumental in breaking bottlenecks and advancing projects.
In his keynote address, H.E. Dan Jørgensen, Commissioner for Energy and Housing at the European Commission, emphasised the urgency of Europe’s response to rising energy costs and the escalating climate crisis. He highlighted solar energy as central to the solution, noting its role in reducing fossil fuel dependency, enhancing competitiveness, and lowering emissions. He pointed out that at the EU level, the cost of solar power has fallen by 82% over the past decade, with an additional 12% global decline in 2023 alone—making solar not only the fastest-growing but also the most affordable clean energy source available today.
The Meeting will also feature focused discussions on the following themes: Catalytic Finance in Africa; integrated institutional strengthening through ISA’s capacity building initiative STAR-Cs and Global Capability Centre; Digital Transformation and AI in the Energy Sector; and a Roundtable on Energy Storage and Green Hydrogen.
About the ISA Regional Committee for Europe and the Others Region Meeting
The Regional Committees of the ISA meet annually, chaired by two Vice Presidents from the Region, and aim to assess and discuss progress, challenges, and opportunities related to ISA’s programmatic support, flagship initiatives, partnerships, private sector engagements, and work plan for the Region. A significant goal of the Regional Committee Meetings is seamless coordination among the Region’s Member Countries. The Europe and the Others Region currently includes 15 Member Countries, 4 Signatory Countries, and 32 Prospective Countries.
About the International Solar Alliance
The International Solar Alliance is a global initiative launched in 2015 by India and France at COP21 in Paris. It has 123 Member and Signatory Countries. The Alliance works with governments to improve energy access and security worldwide and promotes solar power as a sustainable transition to a clean energy future.
ISA’s mission is to unlock investments in solar energy while reducing the cost of technology and financing it. It promotes the use of solar energy in agriculture, health, transport, and power generation sectors. ISA Member Countries are driving change by enacting policies and regulations, sharing best practices, agreeing on common standards, and mobilising investments.
Through this work, ISA has identified, designed and tested new business models for solar projects; supported governments to make their energy legislation and policies solar-friendly through Ease of Doing Solar analytics and advisory; pooled demand for solar technology from different countries; and drove down costs; improved access to finance by reducing the risks and making the sector more attractive to private investment; increased access to solar training, data and insights for solar engineers and energy policymakers.
With its advocacy for solar-powered solutions, ISA aims to transform lives, bring clean, reliable, and affordable energy to communities worldwide, fuel sustainable growth, and improve quality of life. On 6 December 2017, 15 countries signed and ratified the ISA Framework Agreement, making ISA the first international intergovernmental organisation headquartered in India. ISA is partnering with multilateral development banks (MDBs), development financial institutions (DFIs), private and public sector organisations, civil society, and other international institutions to deploy cost-effective and transformational solutions through solar energy, especially in the least Developed Countries (LDCs) and the Small Island Developing States (SIDS).
For more information, visit the ISA website: www.isa.int
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