China’s GCL, Softbank Ink $930 Million Pact to Set up Solar Venture in India Updated On Tue, Apr 3rd, 2018 by Saurenergy According to the MoU, GCL Group and Softbank Investment agree to be directly or through their respective affiliates or subsidiaries in India, will establish a JV in which Softbank Investment (or its affiliates or related companies) is a joint venture company. In a significant development, Japan’s SoftBank Group and Chinese firm GCL Group have […] Read more
Saudi Arabia, Softbank to Create World’s Largest Solar Power Project Updated On Wed, Mar 28th, 2018 by Saurenergy The projects are expected to create an estimated 100,000 jobs in Saudi Arabia and boost Saudi Arabia’s GDP by an estimated $40 billion annually. Saudi Crown Prince Mohammed bin Salman signed a Memorandum of Understanding with SoftBank CEO Masayoshi Son to create the world’s largest solar power generation company in Saudi Arabia. At a press […] Read more
Softbank Collaborates with Saudi Wealth Fund to Frame Solar Energy Plan Updated On Fri, Nov 3rd, 2017 by Saurenergy The energy plan will set out a new framework for developing Saudi Arabia’s solar sector, while the solar project will be executed by Saudi Electric Company (SEC) in which PIF has 74.3% stake. SoftBank has joined hands with Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) to frame a ‘Solar Energy Plan 2030’ for […] Read more
Foxconn and SoftBank to Bring World’s Cheapest Solar Power in India Updated On Sat, May 13th, 2017 by Saurenergy SBG Cleantech Ltd., the clean-energy joint venture between Japan’s SoftBank Group Corp., India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group quoted 2.45 rupees to scoop up the 300 MW solar power project. Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar […] Read more
Gale causes huge damage to Kurnool Solar Park, Solar panels erected by Greenko & Softbank uprooted: Report Updated On Thu, May 11th, 2017 by Saurenergy Solar Park is touted as one of the largest solar project with 1,000 MW generation capacity at Gani-Shakunala in Kurnool district Strong wind and thunderstorm has reportedly caused huge damage to Kurnool Solar Park on Sunday night. The Solar Park is touted as one of the largest solar project with 1,000 MW generation capacity at […] Read more
Will surpass $10 billion investment commitment for India in solar and Internet-led businesses: Softbank Updated On Sat, Dec 3rd, 2016 by Saurenergy Positive on India’s prospects, Japan’s SoftBank today pledged that it will “surpass” the stated commitment of investing $ 10 billion in the country as it ramps up investments in solar power generation and Internet-led businesses. “We have already invested $ 2 billion in last few years, and we will surpass my commitment of investing $10 […] Read more
Japan’s Softbank to invest in Indian Solar Manufacturing to boost Modi’s 100GW target Updated On Tue, Sep 20th, 2016 by Saurenergy Japan’s SoftBank Group Corp. has its mind on collaborating with Indian manufacturers to produce the solar panels that will facilitate in meeting the Prime Minister Narendra Modi’s energy targets. Manoj Kohli, Executive Chairman of SB Energy said to Bloomberg, “SoftBank’s strategy for India includes solar panel manufacturing.” He also ruled out making the panels through […] Read more
SoftBank’s investments in India to surpass $10 billion in 5-10 years Updated On Wed, Jun 1st, 2016 by Saurenergy Japanese telecom and Internet giant SoftBank has announced that its investments in the country will surpass USD 10 billion in 5-10 years. Chief Executive Masayoshi Son to PTI said SoftBank will make its first USD 350 million investment in a solar project in India and expand in next 5-10 years, probably around USD 10 billion. […] Read more
Onix Group Appoints Harpreet Singh Its New CEO Updated On Tue, Oct 29th, 2024 by Saurenergy Harpreet Singh recently joined as the new Chief Executive Officer (CEO) at Onix Group (Onix Solar Energy Limited), He has a career spanning over 30 years in Business Development Management, Supply Chain Management (SCM), Strategic Planning, and Process Improvement across various business segments. Onix Group is an independent power producer (IPP) and EPC company in the […] Read more
