SoftBank con­sid­ers In­dian so­lar panel assem­bly joint ven­ture

Electronics Bazaar - - Industry News -

SoftBank Group Corp. is mulling a man­u­fac­tur­ing joint ven­ture in In­dia that could pro­duce the so­lar pan­els needed to meet the coun­try’s re­new­able en­ergy tar­gets.

Manoj Kohli, ex­ec­u­tive chair­man of SB En­ergy, said that SoftBank’s strat­egy for In­dia in­cludes so­lar panel man­u­fac­tur­ing. He ruled out mak­ing the pan­els through the com­pany’s ex­ist­ing joint ven­ture, formed last year with Fox­conn Tech­nol­ogy Group and Bharti En­ter­prises Pvt, to gen­er­ate about 20GW of so­lar power.

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