Energy Central Professional


Sumitomo to explore clean energy possibilities in North Dakota

SeeNews Renewables  


    September 7 (Renewables Now) - Sumitomo Corporation of Americas (SCOA) has signed a non-binding memorandum of understanding (MoU) with the state of North Dakota to explore clean energy projects development.

    The company, which is the largest subsidiary of Japanese trader Sumitomo Corporation (TYO:8053), will collaborate with the state over an initial period of 10-12 months during which they will establish key objectives and milestones, identify opportunities, evaluate the market and develop initial strategies based on feasibility studies, a press statement says.

    The areas of interest include Sustainable Aviation Fuel (SAF) supply chain development, carbon capture and storage (CCS), hydrogen and ammonia supply chain development, geothermal utilisation, Carbon Intensity (CI) measurement and agriculture optimisation, as well as digital transformation. The team will be open to other applicable industries and opportunities too.

    "This partnership has great potential to enhance our research and development, evaluation and business modeling in this sector, and to accelerate our progress as we continue to develop clean energy sources and move toward carbon neutrality by 2030," commented North Dakota Governor Doug Burgum.


Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.