Sumitomo, through Sumitomo Corporation of Americas (SCOA) and SCOA subsidiary Perennial Power Holdings, has formed a joint venture with CEP Solar to deliver clean energy projects across the Commonwealth of Virginia.
The investment enables both Perennial and CEP to commercialize its 1.5 GW portfolio of solar and battery storage assets, with construction expected to commence next year.
The joint venture will leverage CEP’s local development expertise and network, combined with the SC Group’s project finance, to undertake simultaneous development of multiple projects across Virginia.
“Our partnership with CEP provides Perennial with greater geographic diversity and exposure to highly attractive end markets, and further accelerates our efforts to expand renewable footprints in the United States,” says Ryan Yoshizawa, president, Perennial Power Holdings. “We’re excited about the new capabilities and market expertise the team brings to our platform.”
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Sumitomo Group Establishes Joint Venture to Develop Virginia Renewable Energy
Renewable Energy
It Comes Down to This: What Do You Believe
Sadly, a significant number of U.S. voters believe what House Speaker Mike Johnson says here, i.e., that “God isn’t finished with America yet,” and that “We need people (from the Republican party) of character and integrity,” as if there are any.
But what is that number, roughly?
After living through the first 18 month of Trump’s second term, with all the lies, the incompetence, and the corruption, this number has dwindled to a point that the Republicans are bracing themselves for the worst.
Renewable Energy
Republicans Manipulate American’s Ignorance — and it Doesn’t Take Too Much Skill
Republicans Manipulate American’s Ignorance — and it Doesn’t Take Too Much Skill
Renewable Energy
How Oil Execs Sleep at Night
I’m sure some of these excuses are extremely common in the minds of those making huge profits by destroying our planet.

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