Sumitomo takes 25 per cent stake in giant US solar project

BusinessGreen staff
clock

Japanese company buys into First Solar's 550MW Desert Sunlight development, diluting GE's share

Japanese conglomerate Sumitomo Corp has bought a 25 per cent take in one of the largest solar photovoltaic (PV) developments in the US. The company yesterday announced that it will invest an undisclosed...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Solar

'Basking in a solar surge': UK smashes solar generation record two days in a row

'Basking in a solar surge': UK smashes solar generation record two days in a row

Britain's solar farms generated a record 14.4GW of electricity during one period this week, according to the National Energy System Operator (NESO)

clock 09 April 2026 • 3 min read
Government greenlights 'UK's largest' solar power project in Lincolnshire

Government greenlights 'UK's largest' solar power project in Lincolnshire

DESNZ touts solar as 'one of the cheapest forms of power available' in the UK as it approves plans for Springwell Solar Farm

Michael Holder
clock 08 April 2026 • 3 min read
Solar carport opens at Legoland Windsor

Solar carport opens at Legoland Windsor

New carport set to provide clean power direct to the resort, helping to cut over 190 tonnes of carbon emissions each year

clock 31 March 2026 • 2 min read