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.
×

Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

[adda247_lead_form]

Leave a comment

Your email address will not be published. Required fields are marked *