Japan's SoftBank to invest up to $100 billion in Indian solar - NHK
The company is expected to make the investment through a fund backed by Saudi Arabia`s government, NHK said. Saudi Arabia is the largest investor in SoftBank`s Vision Fund, which raised over $93 billion last year.
Last month SoftBank secured 200 megawatts of solar capacity at an auction in the southwestern state of Karnataka. Image source: Reuters