Sumitomo Corporation of Americas forms joint venture with CEP Solar, LLC to develop solar and battery storage projects in Virginia
Type: Development · Technology: Solar, Storage, Data Center · Country: United States · Announced: 2024-10-15
Sumitomo Corporation of Americas (through Perennial Power Holdings, Inc.) and CEP Solar, LLC formed a joint venture to commercialize and develop a portfolio of solar and battery storage assets exceeding 1.5 GW across the Commonwealth of Virginia, with construction expected to begin in late 2025.
Counterparties
- CEP Solar, LLC (Developer)
- Sumitomo Corporation of Americas (Developer)
- Perennial Power Holdings, Inc (Developer)
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