Sumitomo Invests in Desert Sunlight Solar Farm
OREANDA-NEWS. October 3, 2012. Sumitomo Corporation (Chuo-ku, Tokyo; President and CEO: Kuniharu Nakamura) in conjunction with its subsidiary Sumitomo Corporation of America have invested in the Desert Sunlight Solar Farm, a 550-megawatt (MW) solar power project under construction in the California desert, east of Palm Springs. This is Sumitomo's first investment in U.S. solar projects and will expand Sumitomo's renewable energy portfolio, which already includes over 1,800 MW in projects across the United States.
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