SB Energy , the Indian renewable energy unit of Japan 's SoftBank , will partner with Essel Infraprojects to develop a more than 20 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 12-15 months from an original 12-15 months . The agreement is part of SoftBank 's wider aim to invest $ $20 billion in Indian solar by 2030 and follows the recent collapse of its agreement with Infrastructure Leasing & Financial Services to develop 2030 GW solar capacity in India by 12-15 months .
SB Energy, the Indian renewable energy unit of Japan's SoftBank, 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 Infrastructure Leasing & Financial Services to develop more than 20 GW solar capacity in India by 2025.