SUBSCRIBE NEWS LETTER

SoftBank

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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Saudi Arabia, Softbank to Create World’s Largest Solar Power Project

The projects are expected to create an estimated 100,000 jobs in Saudi Arabia and boost Saudi Arabia’s GDP by an estimated $40 billion annually. Saudi Crown Prince Mohammed bin Salman signed a Memorandum of Understanding with SoftBank CEO Masayoshi Son to create the world’s largest solar power generation company in Saudi Arabia. At a press […]

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Softbank Collaborates with Saudi Wealth Fund to Frame Solar Energy Plan

The energy plan will set out a new framework for developing Saudi Arabia’s solar sector, while the solar project will be executed by Saudi Electric Company (SEC) in which PIF has 74.3% stake. SoftBank has joined hands with Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) to frame a ‘Solar Energy Plan 2030’ for […]

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Foxconn and SoftBank to Bring World’s Cheapest Solar Power in India

SBG Cleantech Ltd., the clean-energy joint venture between Japan’s SoftBank Group Corp., India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group quoted 2.45 rupees to scoop up the 300 MW solar power project. Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar […]

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Will surpass $10 billion investment commitment for India in solar and Internet-led businesses: Softbank

Positive on India’s prospects, Japan’s SoftBank today pledged that it will “surpass” the stated commitment of investing $ 10 billion in the country as it ramps up investments in solar power generation and Internet-led businesses. “We have already invested $ 2 billion in last few years, and we will surpass my commitment of investing $10 […]

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Japan’s Softbank to invest in Indian Solar Manufacturing to boost Modi’s 100GW target

Japan’s SoftBank Group Corp. has its mind on collaborating with Indian manufacturers to produce the solar panels that will facilitate in meeting the Prime Minister Narendra Modi’s energy targets. Manoj Kohli, Executive Chairman of SB Energy said to Bloomberg, “SoftBank’s strategy for India includes solar panel manufacturing.” He also ruled out making the panels through […]

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SoftBank’s investments in India to surpass $10 billion in 5-10 years

Japanese telecom and Internet giant SoftBank has announced that its investments in the country will surpass USD 10 billion in 5-10 years. Chief Executive Masayoshi Son to PTI said SoftBank will make its first USD 350 million investment in a solar project in India and expand in next 5-10 years, probably around USD 10 billion. […]

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TOP FIVE SOLAR PARKS IN INDIA

TOP FIVE SOLAR PARKS IN INDIA Name of the Park Location Planned Capacity Operational Commissioned Capacity Developer(s) Highlight Bhadla Solar Park Rajasthan 2245 MW 2245 MW • SB Energy SoftBank In December • Hero Future Energies 2020, the park • NTPC witnessed the • ACME Solar then lowest bid • Azure Power for solar power […]

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