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  • Japan'S Softbank To Invest Up To $100 BN in India Solar Power Generation

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    SoftBank Group Corp plans to invest between $60-100 billion in solar power generation in India over time, according to a Japanese broadcaster. If finalized, this would significantly expand SoftBank's existing investments in Indian solar projects, which have aimed to generate 20 gigawatts of energy through partnerships established in 2015 and 2018. An announcement of firm plans is expected soon following final arrangements between SoftBank and the Indian government.

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    SoftBank Group Corp plans to invest between $60-100 billion in solar power generation in India over time, according to a Japanese broadcaster. If finalized, this would significantly expand SoftBank's existing investments in Indian solar projects, which have aimed to generate 20 gigawatts of energy through partnerships established in 2015 and 2018. An announcement of firm plans is expected soon following final arrangements between SoftBank and the Indian government.

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    18 views1 page

    Japan'S Softbank To Invest Up To $100 BN in India Solar Power Generation

    Uploaded by

    Gowtham
    SoftBank Group Corp plans to invest between $60-100 billion in solar power generation in India over time, according to a Japanese broadcaster. If finalized, this would significantly expand SoftBank's existing investments in Indian solar projects, which have aimed to generate 20 gigawatts of energy through partnerships established in 2015 and 2018. An announcement of firm plans is expected soon following final arrangements between SoftBank and the Indian government.

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    Japan's SoftBank to invest up to $100 bn in India solar power generation

    June 15, 2018

    SoftBank Group Corp has decided to invest $60 billion-$100 billion in solar power generation
    in India, Japanese public broadcaster NHK reported on Friday. SoftBank and the Indian
    government are expected to make an announcement soon after final arrangements and made,
    the report said without naming its sources.

    In 2015 SoftBank pledged to invest $20 billion in Indian solar projects with a goal of generating
    20 gigawatts (GW) of energy as the majority partner in a joint venture with India's Bharti
    Enterprises and Taiwan's Foxconn. And in April SoftBank teamed up with China's GCL
    System Integration Technology Co Ltd on a $930 million Indian solar energy venture.

    Investment Updates brought to you by CII Source: Economic Times

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