Billionaire Masayoshi Son has a track record in taking on monopolies after building a business that opened up the nation’s telecommunications industry. Now he aims to shake up Japan’s power utilities amid the world’s worst nuclear crisis in 25 years.
Son, the 53-year-old chief executive officer of Softbank Corp., plans to build solar farms to generate electricity with support from at least 33 prefectures. In return, he’s asking for access to transmission networks owned by the 10 regional utilities and an agreement that they buy his electricity.
Continue reading at Son takes on atomic future with solar plans
