Sumitomo Corporation

Company description

Sumitomo Corporation is involved in a wide range of businesses, including trading, investment, and project development. Its activities span various industries such as metals, energy, machinery, infrastructure, chemicals, and more. The company has a significant international presence, with offices, subsidiaries, and affiliates in numerous countries. It engages in trade and investment activities on a global scale, facilitating the flow of goods, services, and capital. It makes strategic investments in various sectors, including natural resources, energy, and technology. The company often forms partnerships and alliances with other companies to enhance its capabilities and pursue mutually beneficial opportunities. It is active in the energy sector, including the exploration, production, and trading of oil and gas. It is also involved in the development and operation of power generation projects, including renewable energy. The company participates in the development and construction of infrastructure projects, such as transportation, water treatment, and urban development. It has a financial services segment that includes leasing, finance, and investment banking services. 

Company details

City:
Tokyo
Address:
Harumi Island Triton Square Office Tower Y 8-11 Harumi 1-chome, Chuo-ku

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • January 17, 2024

    PPA Agreement Signed for 15 MW carport-type solar power generation facility in Japan

    Aeon Mall Co., Ltd. and Sun Trinity LLC have entered into a comprehensive agreement for an on-site solar corporate Power Purchase Agreement (PPA) in Japan. The initiative involves a total of 12 store...

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  • January 03, 2024

    Sumitomo to retire 56 MW coal power plant in Japan

    Sumitomo Corporation has decided to retire the operation at the Onahama Power Plant in Iwaki City, Fukushima Prefecture, Japan. The power plant is being operated by Summit Onahama S-Power Corporation...

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  • January 02, 2024

    USD 5 billion Agreement inked for 1500 MW hydropower project in Mozambique

    The government of Mozambique has signed partnership agreements with the EDF-led consortium for the implementation of the USD 5 billion Mphanda Nkuwa hydropower project in the Tete Province, north...

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  • July 14, 2023

    ARENA awards AUD32.1mn funding for Yarwun Hydrogen Calcination Pilot Demonstration Program in Queensland

    On behalf of the Australian Government, The Australian Renewable Energy Agency (ARENA) has awarded AUD32.1 million (US$22.05. million) funding support for Rio Tinto and Sumitomo Corporation to trial h...

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  • April 28, 2023

    Ocean Winds, partners reach final investment decision for 496 MW Dieppe-Le Treport offshore wind project

    Ocean Winds, Sumitomo Corporation, and Banque des Territoires have made a final investment decision to develop the 496 MW Dieppe Le Tréport offshore wind project off the coast of France. The w...

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  • March 08, 2023

    Japan commits USD1.5 billion to coal-to-hydrogen project in Australia

    A group of Japanese companies, led by Kawasaki Heavy Industries (KHI) and Iwatani Corp, have signed an agreement to create Japan’s first hydrogen supply chain with Australia.  

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  • February 13, 2023

    DEME wins contracts for Yeu and Noirmoutier islands’ offshore wind project

    DEME was awarded two transport and installation contracts for the foundations and offshore substation for the offshore wind project on the French islands of Yeu and Noirmoutier. The wind farm is owned...

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  • February 01, 2023

    Sumitomo, Colbun sign MoU to co-develop Chilean hydrogen-to-ammonia projects

    Colbun SA and Sumitomo Corp have signed a memorandum of understanding (MoU) to jointly conduct a feasibility study of green hydrogen-to-ammonia projects in Chile, with a particular focus on the Antofa...

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  • December 01, 2022

    AMEA Power closes US$1.1bn financing for 1 GW of Egyptian wind and solar projects

    AMEA Power has achieved the financial close to delivering 1 GW of renewable energy projects in Egypt. The company's clean energy portfolio in the country now totals 2 GW after investing US$1.1 billion...

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  • May 06, 2022

    Sumitomo to raise stake in 80 MW Muara Laboh geothermal project in West Sumatra

    Sumitomo Corporation has entered into an agreement to acquire 15% of equity stake in the Muara Laboh Geothermal Power Project held by ENGIE. In accordance with this agreement, Sumitomo Corporation&rsq...

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