It will likely tie up with an undisclosed Indian partner, The Nikkei said, without citing sources.

The newspaper did not reveal a timeline for the plan.

SoftBank was not immediately available to comment on the report when contacted by Recharge.

Tokyo-based SB Energy — which has connected roughly 140MW of solar to the grid in its home market — has rapidly emerged as one of Japan’s leading renewable-energy developers over the past few years.

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