SoftBank’s Clean-Energy Goals Find Welcome in Mongolia’s Desert
- Tokyo-based company considers building more wind in Mongolia
- Mongolia projects part of SoftBank plan for Pan-Asia grid
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SoftBank Group Corp. plans to build more wind projects in Mongolia as the company’s chairman, Masayoshi Son, pushes to connect countries across Asia with transmission lines to supply cheap, clean energy.
The Tokyo-based company’s first wind farm in Mongolia is a 50-megawatt project being developed with Newcom LLC in Mongolia’s Gobi Desert. The project is an outgrowth of a venture between Newcom and SoftBank’s clean-energy unit called Clean Energy Asia LLC that was set up in 2012.