Home Energy SoftBank Offers Free Power to ISA States After 25-Year Deals

SoftBank Offers Free Power to ISA States After 25-Year Deals

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SoftBank Inc. has pledged to provide free solar power from its projects in International Solar Alliance countries after the developments recoup their initial investments.

Chief Executive Officer Masayoshi Son told a conference Wednesday in New Delhi that power from the projects will be free after the end of the initial 25-year power purchase agreements. The expected life of the plants could be as long as 100 years and the only maintenance costs would be cleaning the panels, which could be done by robotics, he said.

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