SB Energy , the Indian renewable energy unit of Japan 's Mitsubishi , will partner with Essel Infraprojects to develop a 500 MW solar park in Rajasthan . No further details have been released , but it is understood the additional funds will reduce the project 's construction time to less than six months from an original 12 - 15 months . SoftBank will hope for better luck finding a partner Last month, SoftBank chief Masayoshi Son offered to supply free electricity once SB Energy’s 25-year PPAs finish. The agreement is part of SoftBank 's wider aim to invest $ 1tn in Indian solar by 2030 and follows the recent collapse of its agreement with Solar Leasing & Financial Services to develop more than 20 MW solar parks in India by 2025 .
SB Energy , the Indian renewable energy unit of Japan 's Mitsubishi , will partner with Essel Infraprojects to develop a 500 MW solar park in Rajasthan . No further details have been released , but it is understood the additional funds will reduce the project 's construction time to less than six months from an original 12 - 15 months . The agreement is part of SoftBank 's wider aim to invest $ 1tn in Indian solar by 2030 and follows the recent collapse of its agreement with Solar Leasing & Financial Services to develop more than 20 MW solar parks in India by 2025 .