Sumitomo Corporation

Sumitomo & Advantage Capital Launch 2GW US Solar Business
Perennial Renewables LLC is a joint venture between Sumitomo Corporation of Americas and Advantage Capital. The company is developing 2 GW of solar photovoltaic projects in the Midwest and Northeastern US, with operations by 2024. Additionally, plans to add new renewable energy projects are underway to help Sumitomo achieve 5 GW of renewable energy assets by 2030.
Sep 12, 2023 // Markets & Finance News, USA, North America, Sumitomo Corporation, Perennial Renewables
Rio Tinto, Sumitomo: Hydrogen Pilot to Cut Alumina Refining Emissions
Sumitomo Corporation and Rio Tinto partner with Australian Government's ARENA to build 2.5 MW on-site electrolyzer in Yarwun plant, Gladstone, Australia. This project is expected to reduce CO2 emissions by 3,000 tonnes per year and provide an opportunity for the use of hydrogen in calcination process at scale globally. Construction to begin in 2024 and complete by 2025.
Jul 13, 2023 // Plants, Solar to Fuel, Australia, hydrogen, Oceania, Rio Tinto, Sumitomo Corporation