Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 1852)
1852.
This bank signs $930-million deal to produce and sell solar equipment in India.
Answer: Option
Explanation:
SoftBank signed a $930-million deal with China's energy conglomerate Golden Concord (GCL) to produce and sell solar equipment in India. GCL will invest for a 40% stake in the joint venture, with SoftBank taking the rest. The project will have a 4 gigawatt-capacity and will produce solar ingots, silicon wafers, batteries, and components.
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