Sumitomo Corporation Invests in Hero Future Energies’ Solar-Wind-Storage Hybrid in Karnataka, India

Sumitomo Corporation invests in Hero Future Energies’ solar-wind-storage hybrid in Karnataka, India

Japanese trading company Sumitomo Corporation has invested in a utility-scale renewable energy park combining solar PV, wind and energy storage in India.

Sumitomo buys 49% in Hero Future Energies unit for Rs 375 crore

Japan's Sumitomo Corporation has made a strategic investment by acquiring a 49% interest in a Hero Future Energies subsidiary for ₹375 crore, leaving Hero with a controlling 51% stake. This renewable energy project, based in Bidar, Karnataka, aims to produce 500 MW of electricity. Hero Future Energies' impressive 10 GW renewable energy portfolio underlines the significance of this partnership in Sumitomo's ambitions in India's growing energy sec…

Japan-based Sumitomo Corporation to pick 49% stake in HFE project SPV

The Special Purpose Vehicle (SPV) of Hero Future Energies (HFE) is developing a project of an approximately 500 MWp wind and solar power plant with a large-scale battery energy storage at Bidar, Karnataka

Sumitomo Corp. to participate in renewable energy project in India

Sumitomo Corp. has agreed to invest in a large scale renewable energy project combining solar and wind generation with battery energy storage being developed by Hero Future Energies.

Hero Future Energies Partners with Sumitomo for 500 MW Project

Hero Future Energies (HFE) has partnered with Japan's Sumitomo Corporation to develop a 500 MWp wind and solar project in Karnataka, which includes battery energy storage. Sumitomo will acquire a 49% stake in the project. This partnership enhances HFE's capabilities and aims to accelerate clean energy adoption in India amid rising energy demand.

Sumitomo invests in 500MW/200MWh solar-wind-storage project in India

Japanese trading company Sumitomo has invested in a utility-scale renewable energy park combining solar PV, wind and energy storage in India.