SB Energy, a joint venture between Japanese tech firm Softbank, Bharti Enterprises and Foxconn Technology Group, has started operations at a 455MW solar project in the Indian state of Andhra Pradesh, according to a release from the module supplier Trina Solar.
SB Energy, a joint venture between Softbank, Foxconn and Bharti Enterprises, has commissioned a 350MW solar plant at Kurnool District, Andhra Pradesh, India, claiming it to be the world’s seventh largest PV plant.
Sharp Corporation’s energy solutions business, which includes its activities in solar, will continue to operate as a brand in its own right, following the sale of a majority share in the group by Foxconn.
Equipment manufacturer Foxconn has acquired a 66% stake in Sharp at a reduced price, with the two parties set to hold a press conference this Saturday, 2 April.
Just hours after Taiwanese electronics maker Foxconn looked poised to buy a majority stake in Japan’s Sharp, the deal has been delayed, according to various reports.
SBG Cleantech, a joint venture between Japan-based solar firm Softbank, Taiwan-based manufacturing services provider Foxconn Technology Group and Indian business conglomerate Bharti Enterprises has won all 350MW capacity in yesterday’s National Solar Mission (NSM) auction in the Indian state of Andhra Pradesh at INR4.63/kWh.
