You are here

Softbank-Bharti renewable JV looks to raise up to $750 million

By : Sustainability ..., May 29, 2020

SoftBank-backed renewable energy firm SBG Cleantech is set to reach out to financial and strategic investors to raise capital to fund its ongoing and pipeline projects in India and the US. SB Energy, the renewable energy arm of SoftBank, has mandated Bank of America Merrill...

Read more..

SECI Scores 9 Bids Worth 3.5 GW in Response to 1.2 GW Solar Tender

By : Sustainability ..., Feb 21, 2020

The Solar Energy Corporation of India (SECI) has reported a list of nine bidders who have submitted prospective bids against the nodal agencies 1.2 GW solar tender (ISTS-VIII) which was issued in January. The nine firms that have submitted bids are ReNew Power, Softbank,...

Read more..

SoftBank, Mahindra Electric May Ink Partnership To Push EV Solutions

By : Sustainability ..., Feb 10, 2020

Japanese multinational conglomerate SoftBank is reportedly in preliminary talks with Indian emobility giant Mahindra Electric to formulate a strategic partnership. The alliance might also include SoftBank getting a minority stake in Mahindra Electric. As per a Business...

Read more..

SoftBank in talks to sell stake in India's renewable energy venture: Report

By : Sustainability ..., Jan 9, 2020

SoftBank Group Corp is in talks to sell a majority stake in its renewable energy joint venture in India as it looks to raise cash after facing setbacks to its global investments, India's Economic Times daily reported on Thursday. As part of the move, the Japanese technology...

Read more..

Soft Bank sister firm to invest USD 4 bn in renewable energy in Gujarat

By : Sustainability ..., Dec 9, 2019

SB Energy, a sister company of Soft Bank of Japan, has announced that it will invest USD 4 billion or Rs 30,000 crore in renewable energy sector in Gujarat, a state government release said on Friday. The announcement was made at a meeting between chief minister Vijay Rupani...

Read more..

India asks state-run firms to clear over $1 billion owed to green energy firms - sources

By : Sustainability ..., Nov 27, 2019

India has asked state lenders to provide over $1 billion to government power distribution companies to clear longstanding debts to green energy firms that could hinder further investment, three sources familiar with the plan said on Tuesday. The companies owe solar and wind...

Read more..

SoftBank keen on investing in Andhra Pradesh’s EV sector

By : Sustainability ..., Sep 18, 2019

A delegation of SoftBank from Japan met Andhra Pradesh Industries and IT Minister Mekapati Gautham Reddy and expressed interest to invest in the electric vehicles sector. Details will be known after another meeting to be held within 15 days. During a Diplomatic Outreach...

Read more..

SoftBank pumps in $250 million in Ola Electric

By : Sustainability ..., Jul 4, 2019

Ola's electric vehicle arm, Ola Electric Mobility has secured a funding of over ₹1,725 crore (about $250 million) from SoftBank, according to regulatory documents. With this latest infusion, Ola...

Read more..