03 April 2018

SoftBank Signs $930 million Deal to Set Up Solar Venture in India

SoftBank Signs $930 million Deal to Set Up Solar Venture in India


SoftBank has signed a $930-million deal with China's energy conglomerate Golden Concord (GCL) to produce and sell solar equipment in India.
GCL will invest for a 40% stake in the joint venture, with SoftBank taking the rest. The project will have a 4 gigawatt-capacity and will produce solar ingots, silicon wafers, batteries, and components.

Source- Bloomberg.com

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Chairman & CEO of Soft Bank- Masayoshi Son, Headquarters- Tokyo, Japan.

Post a Comment

Whatsapp Button works on Mobile Device only

Start typing and press Enter to search