News > The analysis behind formation of $20 Billion Investment by SBG Cleantech
Three extremely diverse and exciting players have come up together to boost solar energy sector of India with an investment announcement of $20 Billion
EEACTS analysis the joint venture coming up in a bulletin
A. Softbank Corp – A Japanese 92-Billion dollar organization headed by Masayoshi Son with investments in the sector telecom, e-commerce, broadband, finance and technology services
B. Foxconn – A 131.8 Billion dollar company from Taiwan headed by Terry Gou and is known as world’s largest electronics contractor ( iphone, blackberry, ipad, play station 4 & Xbox one)
C. Bharti Airtel – A 14 Billion dollar company from India and headed by Sunil Mittal, field of service includes telecom, broadband and fixed line internet services.
What brings this three organizations together?
What does this indicates
Solar energy development needs three key ingredients
A. Huge Capital Investment – Softbank
B. Electronic expertise – Foxconn (Also indicates that projects will be solar PV based)
C. Land Acquisition – Bharti Airtel
This makes a perfect combination of multi billion dollar organization to groom solar energy sector in India
#renewableenergy #SBGcleantech #Solar #EEACTS #softbank #foxconn #airtel