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- 1World Bank and SMBC Partner to Finance Small Businesses▼World Bank Group and SMBC Partner to Expand Access to Finance for Small Businesses Across Emerging Markets
The World Bank Group and Japan's Sumitomo Mitsui Banking Corporation (SMBC) have announced a partnership to expand access to finance for small businesses across emerging markets. The collaboration, announced through the World Bank's International Finance Corporation, aims to improve lending and financial services for small and medium-sized enterprises in developing economies, where access to credit remains a major barrier to growth.
- 2Sumitomo invests in Hero Future Energies hybrid project in Karnataka▼Sumitomo Corporation invests in Hero Future Energies' solar-wind-storage hybrid in Karnataka, India
Sumitomo Corporation has invested in Hero Future Energies' hybrid renewable energy project in Karnataka, India, which combines solar, wind and battery storage. The deal gives the Japanese trading house a stake in India's growing clean energy sector, as developers increasingly pair storage with solar and wind to deliver steadier power to the grid.
- 3Sumitomo invests in 500MW solar-wind-storage project in India▼Sumitomo invests in 500MW/200MWh solar-wind-storage project in India
Sumitomo has invested in a renewable energy project in India combining solar and wind generation with battery storage, with a capacity of 500MW of generation and 200MWh of storage. The investment adds to growing Japanese corporate involvement in India's rapidly expanding clean energy sector, where hybrid projects paired with large-scale storage are attracting significant international capital.
- 4Sumitomo joins Hero Group on large-scale India renewable energy project▼Sumitomo Corporation to Participate in Large-Scale Renewable Energy Project in India in Partnership with Hero Group
Sumitomo Corporation has announced it will take part in a large-scale renewable energy project in India in partnership with the Hero Group. The Japanese trading house's involvement signals continued foreign investment in India's expanding clean energy sector. Details of the project's size, technology and timeline have not yet been made public.