Softbank Group And Saudi Arabia Plan To Spend $200 Billion Building The World’s Biggest Solar Power Plant – Techcrunch

SoftBank Group Corp., known for splashy deals involving billions of dollars (see: its Vision Fund and investments in Uber and Didi), has signed a memorandum of understanding with Saudi Arabia to build a $200 billion solar power plant. Expected to reach its full capacity of 200 gigawatts by 2030, the development will be the largest of its kind in the world by far.

Read more on: Saudi Arabia Economy

According to data compiled by Bloomberg New Energy Finance, the Saudi Arabian project is about 100 times larger than the next…

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