SoftBank

SB Energy to Invest $4 Bn in Gujarat on Renewables

Further, SB Energy will be investing in the solar, wind and other unconventional sources of renewable energy. Japan’s renewable energy firm and a sister concern of SoftBank, SB Energy Corp will be investing USD 4 billion or approx. Rs 30,000 crore in renewable energy in the state of Gujarat, said the state government release. As […]

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Energy Vault Gets $110 mn Investment From Softbank Vision Fund

Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […]

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Govt Soon To Invite Bids for 40 GW EV Battery Manufacturing Plants

The government is considering a plan to establish a battery making capacity of 40 gigawatts (GW) to give a boost to its electrical vehicles and renewable energy initiatives. It will ask states to compete for the opportunity to set up internationally competitive facilities that will also service global markets. Domestic and global battery makers will […]

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2 Days After 12 GW Manufacturing ‘Stimulus’ Time For Reality Check

On Feb 6, the government announced a move to push central public sector undertakings towards a 12 GW solar plan, powered completely by domestic manufacturing. Will this finally kick start domestic manufacturing? 2 days after the announcement, we spoke to industry insiders, as well as considered the factors that could make or break this latest […]

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SoftBank Led SB Energy Leads Bidding on SECI 1200 MW Wind Auction

Bids totalling 2,325-MW capacity were received by SECI in response to the 1200 MW tender. A host of other industry majors including SoftBank led SB Energy have marked their interest in Solar Energy Corporation of India’s (SECI) latest 1200 MW wind power tender. SB Energy has made its first bid for a standalone wind project […]

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SoftBank Group to Offer Free Electricity to ISA Members

The 2nd REINVEST aims at accelerating the worldwide effort to scale up renewable energy and connect the global investment community,  one of which is SoftBank, with Indian energy stakeholders. MNRE has organized 2nd Global Renewable Energy Investment Meeting and Expo, (REINVEST- 2018) aiming to take another step towards inclusion of renewable energy in the energy mix. During […]

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SoftBank CEO Masayoshi Son may Meet PM Modi for $60 Bn Solar Project

Being the hub of investment as far as solar industry is concerned, countries like China and now Japan’s tech giant SoftBank are eyeing to grab a major pie in the clean energy segment in India. In the coming years, India is expected to go through the biggest revolution in solar energy. The country which has […]

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ISA to Create Ecosystems for Startups in Solar Innovations

With the help of global corporates, we expect this transformative action to be undertaken on ground, resulting in access to light for the 1 billion unconnected people, said Upendra Tripathy. India-led International Solar Alliance (ISA) will create ecosystems for startups in solar innovations by enabling incubation, partnerships, access to finance and standards. The task force, set up […]

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China’s GCL, Softbank Ink $930 Million Pact to Set up Solar Venture in India

According to the MoU, GCL Group and Softbank Investment agree to be directly or through their respective affiliates or subsidiaries in India, will establish a JV in which Softbank Investment (or its affiliates or related companies) is a joint venture company.   In a significant development, Japan’s SoftBank Group and Chinese firm GCL Group have […]

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