--FILE--People visit the stand of GCL System Integration Technology Co during an exhibition in Shanghai, China, 24 August 2016. SoftBank Group Corp
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Contributor:
Imaginechina Limited / Alamy Stock PhotoImage ID:
W6DDT3File size:
28.2 MB (1.7 MB Compressed download)Releases:
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3846 x 2564 px | 32.6 x 21.7 cm | 12.8 x 8.5 inches | 300dpiDate taken:
24 August 2016Photographer:
ImaginechinaMore information:
--FILE--People visit the stand of GCL System Integration Technology Co during an exhibition in Shanghai, China, 24 August 2016. SoftBank Group Corp has agreed to launch a $930 million Indian joint solar energy venture with China-based GCL System Integration Technology Co as part of its ambitious India solar investment road map. The venture will work on photovoltaic technology, which is used in solar panels. GCL will provide technology and SoftBank will assist in obtaining land and regulatory approvals, GCL said in a filing to the Shenzhen Stock Exchange dated Friday. SoftBank said in 2015 that it would invest up to $20 billion along with Foxconn Technology Co and Bharti Enterprises in solar projects in India, which has a goal of generating 100 gigawatts of power from solar by 2022.