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