Solar power is increasingly viewed as a central pillar of economic growth, energy security, and sustainable development as the global community works toward mobilizing $1 trillion in solar investments by 2030.
In a recent discussion on the 'Energonomics' podcast, Richa Mishra spoke with Ashish Khanna, Director General of the International Solar Alliance (ISA). The conversation focused on the trajectory of global solar energy and the multifaceted challenges and opportunities ahead for the sector.
Key themes addressed during the episode included the rising power demand driven by artificial intelligence, the implementation of smart grids and mini-grids, and the progress of the 'One Sun One World One Grid' (OSOWOG) initiative. Additionally, the dialogue highlighted Africa’s solar energy potential alongside the persistent financing challenges that currently face the broader clean energy transition.
The International Solar Alliance continues to track these critical infrastructure and funding developments as nations worldwide attempt to scale up renewable energy capacity to meet future economic and environmental demands.
"The target to mobilize $1 trillion in solar investments by 2030 highlights the sheer scale of capital required for the global clean energy transition. For businesses and entrepreneurs operating in the renewable energy sector, this points toward significant structural opportunities in smart grids, mini-grids, and infrastructure financing. However, bridging the financing gap remains a core challenge that will require coordinated policy frameworks and targeted investments, particularly in regions with high solar potential like Africa." — Dr. Shishir Gupta, Founder & CEO, StartupLanes
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