Toyota Now Majority Stakeholder In Renewables IPP SB Energy
Toyota Group’s Toyota Tsusho Strengthens Renewable Energy Portfolio With 85% Shareholding In SoftBank’s SB Energy
Automotive giant Toyota Group’s international trading company Toyota Tsusho Corporation has acquired 85% stake in SoftBank Group’s (SBG) renewable energy business SB Energy Corp for an undisclosed amount, with an aim to strengthen its presence in Japan and beyond in this segment.
Saudi Arabia Says 200 GW PV Project Very Much On
Responding To Wall Street Journal’s Report On 200 GW Solar Power Project Put On Hold, Saudi Arabia’s Public Investment Fund Claims Plans On-Track & In-Line With Timeline
In March 2018, Saudi Crown Prince Mohammed bin Salman bin Abdulaziz (first from left) signed a MoU with Japan’s SoftBank CEO and Group Chairman Masayoshi Son to develop a 200 GW solar power project in Saudi Arabia.
200 GW Saudi Solar Project Put On Hold
SoftBank & Saudi Arabia’s Ambitious Solar Power Project With 200 GW Capacity Not Taking Off; Country To Announce ‘Practical Strategy To Boost Renewable Energy’ In October 2018: Wall Street Journal
The ambitious solar power project with 200 GW capacity that was announced by Japan’s SoftBank in March 2018 to come up in Saudi Arabia, has been ‘put on hold’, according to Saudi government officials as reported by the Wall Street Journal (WSJ).
