Wednesday 28 March 2018

Softbank to Build World’s Biggest Solar Park in Saudi Arabia - Bloomberg

Softbank to Build World’s Biggest Solar Park in Saudi Arabia - Bloomberg:

"Saudi Arabia and SoftBank Group Corp. signed a memorandum of understanding to build a $200 billion solar power development that’s exponentially larger than any other project. SoftBank founder Masayoshi Son, known for backing ambitious endeavors with flair, unveiled the project Tuesday in New York at a ceremony with Saudi Crown Prince Mohammed Bin Salman. The powerful heir to the throne of the world’s largest crude exporter is seeking to diversify the economy and wean off a dependence on oil."



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