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.”
The post Sumitomo Group Establishes Joint Venture to Develop Virginia Renewable Energy appeared first on Solar Industry.
Sumitomo Group Establishes Joint Venture to Develop Virginia Renewable Energy
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Ørsted Finishes Revolution Wind, RWE Wins German Auction
Allen covers record bank financing for clean energy, Oracle’s 1.7 GW Texas wind deal, RWE’s German auction win, Denmark scrapping its turbine cap, and Revolution Wind finishing off Rhode Island.
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I’m not sure that Fox News caused the decline of our nation, but it certainly makes some level of sense.
When I was young, there was no source of “news” that was based solely on the profit to be made by making Americans stupid and mean. In fact, news in most of the 20th Century really didn’t have any real commercial value, because it wasn’t used to sell drugs and useless crap to elderly, addle-minded white people 24 hours a day.
Thirty years later, we have people who are as addicted to this hate news as alcoholics need another shot of booze.
The civilized world is thrilled to see the Catholic church take on the mantle of environmentalism, especially since the religious right still quotes from the Book of Genesis: Only God can destroy the Earth to justify climate denialism.
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