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SoftBank, partners eye $20 billion investment in Indian solar projects

2015-06-22 14:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Japan's Softbank Corp (9984.T), together with Bharti Enterprises and Taiwan's Foxconn (2354.TW), will invest about $20 billion in solar projects in India, in one of the biggest investment pledges to date in the country's renewable energy sector. Softbank, which previously said it would invest $10 billion in India over time, said on Monday the companies had agreed a minimum commitment of generating 20 gigawatts of energy. SoftBank will have majority control in the newly formed company, SBG Cleantech,...

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