Twice the Sunshine, Half the Cost

That’s what Masayoshi Son had to say about his plans to invest $20 billion in the Indian solar energy market.

Softbank already has some experience with solar projects in Japan. But solar resources in India are twice as good. And projects cost only half.

So if it makes sense to build solar projects in Japan (it does), then it makes four times as much sense to do so in India.

It may take some time until the Asia Super Grid makes it possible to deliver solar power from India to Japan.

In the meantime, all that new solar power those $20 billion will buy will avoid coal generation in India.

Good news for the climate.

Published by kflenz

Professor at Aoyama Gakuin University, Tokyo. Author of Lenz Blog (since 2003, lenzblog.com).

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