Energy Innovation Initiatives

By establishing sustainable energy cycle and achieving decarbonization, we contribute towards the realization of a sustainable society. Energy Innovation Initiatives Asia & Oceania (EIIAO) aims to accelerate energy transition (EX) and project implementations in Carbon free-energy (Hydrogen & Ammonia Value), Forestry, Renewable Energy platform, and Next Generation Biomass/Bioenergy, while incubating new business seeds from regional perspectives such as Carbon Capture Storage and Carbon Credit Business.

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In Victoria, Australia, Sumitomo Corporation and partners aim to commercialize and supply hydrogen from gasified Latrobe Valley Coal (brown coal) and CO2 capture & storage (CCS), with the Green Innovation Fund, initiative of NEDO

Summit Forests started its New Zealand operations in 2013 and is now the seventh largest forestry business in New Zealand with over 50,000ha of forestry. The estate is spread throughout iconic landscapes in Northland, the Coromandel, Whanganui, and the Gisborne and East Coast regions. We also have an office in central Auckland city.
Summit’s main areas of business include harvesting, exporting logs and private woodlots, and investing in New Zealand forestry assets for the future

Sumitomo Corporation Group engages in and promotes clean energy business focusing on distributed solar power generation, large-scale solar power projects, energy retail and Virtual Power Plant business, Energy Service Company business, and more in the Asia-Pacific region through the investment in Sunseap Group Pte Ltd.

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