SoftBank Group to Offer Free Electricity to ISA Members

The 2nd REINVEST aims at accelerating the worldwide effort to scale up renewable energy and connect the global investment community,  one of which is SoftBank, with Indian energy stakeholders.

MNRE has organized 2nd Global Renewable Energy Investment Meeting and Expo, (REINVEST- 2018) aiming to take another step towards inclusion of renewable energy in the energy mix.

During a plenary session, ‘RENNOVATE’, at the event, CEO, SoftBank Group, Masayoshi Son said ISA has been a very important part of Prime Minister Modi’s leadership. PM Modi wants 100% electrification; it’s a great mission, with great vision, for villages and for households (Saubhagya)”.

Commending the efforts of the ISA, he said “We are no more one nation in this mission, but 121 nations involved in bringing a change. I get involved as the chairman of task force, sharing three outcomes- solar innovation platforms, solar technology centers and finally connecting people with power. We fully support the vision 2020 set by PM Modi. Cost of Solar power generation is much cheaper in India compared to rest of the world. I will give free power from solar power projects after 25 years of PPA to all ISA member countries. We’re investing in tech & innovation so that we can harness solar energy efficiently to provide free power to children, mothers, communities across the world. It’s not a dream; we now have the resources to make this happen”

The conference was inaugurated in a common function by the Prime Minister, Narendra Modi, in the presence of Antonio Guterres, Secretary General, United Nations on 2nd October 2018 in Vigyan Bhavan, New Delhi.

The 2nd REINVEST aims at accelerating the worldwide effort to scale up renewable energy and connect the global investment community with Indian energy stakeholders.  2nd REINVEST is a three-day conference on renewable, clean-tech and future energy choices, and an Expo of renewable-related manufacturers, developers, investors.