Archived News

Sumitomo Corporation, through Sumitomo Corporation of Americas (hereinafter collectively referred to as, “Sumitomo Corporation Group”) announced today a tax equity investment in a diverse portfolio of solar photovoltaic (PV) plus battery energy storage projects, led by Pacifico Power. Sumitomo Corporation Group is expanding its Green Power Platform business* as evidenced by this investment which will be Sumitomo Corporation Group’s first in distributed generation.

New York, NY – Sumitomo Corporation of Americas (“SCOA”) is committing USD $50,000 to the Brazilian Red Cross to support the disaster relief efforts related to the recent torrential rains in the Southern State of Brazil. This significant damage caused by the relentless heavy rains has impacted Southern State of Rio Grande do Sul Brazil since late

Columbia, LA – Strategic Biofuels, a leading sustainable aviation fuels (SAF) project developer, announced today a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a newly formed Japanese-based investment consortium created by SCOA Sumitomo Corporation of Americas (SCOA) and JX Nippon Oil & Gas Exploration Corporation (JX). The investment from M-SEP will be used to further advance the company’s flagship

Oakland, CA – American Bureau of Shipping, CALAMCO, Fleet Management Limited, Sumitomo Corporation and TOTE Services, LLC (“TOTE Services”) today announced the execution of a Memorandum of Understanding (MOU) to jointly conduct a feasibility study (hereinafter “Study”) with the aim to be one of the pioneers in establishing a comprehensive and competitive supply chain for

Strategic Biofuels, the leader in developing deeply negative carbon footprint renewable fuel plants, and Sumitomo Corporation of Americas (SCOA), a subsidiary of Sumitomo Corporation, a leading Fortune 500 global trading and business investment company dedicated to sustainability, announced today that they have entered into a Joint Development Agreement for the Louisiana Green Fuels (LGF) project

Sumitomo Corporation, through Sumitomo Corporation do Brasil S.A. announced today a joint investment in a Seed round for Cyns, a biotechnology company located in Sao Paulo, Brazil, to unlock the next chapter of black soldier fly (BSF) farming in Latin America. Lambarin Investimentos, a Brazilian family office and wealth management firm, has also joined the

SCOA and Rapyuta Robotics, Inc. announced today their partnership to provide groundbreaking fulfillment operations technologies to warehouses across the United States.  read more…

SCOA has made a donation to the American Red Cross to support the disaster relief efforts related to the wildfires that spread across Hawaii, predominantly devastating the Lahaina community and surrounding areas in Maui during the month of August. read more here