Invest India Invites Mandar Joshi to Lead the SolarX Summit

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Invest India Invites Mandar Joshi to Lead the SolarX Summit at the World Investment Conference in Riyadh.

The International Solar Alliance (ISA) and Invest India jointly hosted the SolarX Challenge Accelerator Summit in Saudi Arabia. This Summit marks the first in a series of events scheduled across Asia-Pacific. It follows the success of similar Accelerator programs organized by the ISA across Africa last year, driving forward the mission of combating climate change through innovative solar energy solutions.

The International Solar Alliance (ISA), under the leadership of Director General Ajay Mathur, is a global intergovernmental organization committed to advancing solar power adoption for a carbon-neutral future. India, as the President of the ISA, and France, as the Co-President, have been instrumental in driving this initiative forward.

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Invest India, the National Investment Promotion & Facilitation Agency of India, operates under the guidance of Chairman Mr. Amardeep Singh Bhatia and Managing Director & CEO Nivruti Rai. Supported by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce & Industry, Invest India continues to be a driving force in fostering global investment.

Reflecting on the event, Mandar Joshi shared, “I have been investing in Saudi Arabia for almost a decade, witnessing the Kingdom’s traditional oil economy rapidly embrace renewable energy sectors. Today, solar energy accounts for 83% of Saudi Arabia’s total renewable energy capacity—a testament to its commitment to a sustainable future.”

The Summit was a proud moment that showcased innovators and technocrats from Asia-Pacific countries—such as Nepal, Myanmar, Bangladesh, Sri Lanka, Cambodia, and Jordan—dedicated to advancing solar energy and climate initiatives. These entrepreneurs are paving the way for transformative energy efficiency and technology adoption, positioning their nations to compete on a global scale.

A special acknowledgment goes to Invest Saudi for their support in nurturing this global initiative to develop the solar ecosystem. Invest Saudi, established by the Ministry of Investment, serves as a nationwide platform for international corporations to expand within the Kingdom.

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