Current AffairsIndia

Free power solar power after 25 years to ISA countries: Softbank CEO Masayoshi Son

New Delhi, Oct 4 (IENews) Chief Executive Officer of Soft Bank Group, Masayoshi Son, committed to giving free power from solar projects after 25-years of PPA to all International Solar Alliance (ISA) members countries today.

Son was addressing the plenary session of the 2nd Global Renewable Energy Investment Meeting and Expo, (REINVEST- 2018).

“I will give free power from solar power projects after 25 years of PPA to all ISA member countries.We’re investing in tech & innovation so that we can harness solar energy efficiently to provide free power to children, mothers, communities across the world. It’s not a dream, we now have the resources to make this happen,” Son committed.

He further asserted that ISA has been a very important part of Prime Minister Modi’s leadership. PM Modi wants 100% electrification, it’s a great mission, with great vision, for villages and for households (Saubhagya).

Commending the efforts of the ISA, he expressed “We are no more one nation in this mission, but 121 nations involved in bringing a change. I get involved as the chairman of task force, sharing three outcomes- solar innovation platforms, solar technology centres and finally connecting people with power. We fully support the vision 2020 set by PM Modi. Cost of Solar power generation is much cheaper in India compared to rest of the world. ”


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