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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?

 

  • Softbank and Airtel have a common understanding through the business in telecom and broad band industry
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  • Softbank and Foxconn have great understanding in the field of technology and electronics
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  • Bharti Airtel with it’s telecom network establishment experience in India understands land acquisition geopolitical scenario in the entire country and it being 100% Indian company.

 

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


 

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