Contributing to a Clean & Sustainable Society
Year Founded
Total Capacity
Renewable Projects
Capacity in the development pipeline
Perennial Power, Inc. is part of the global portfolio of Sumitomo Corporation
Established in 2002, Perennial Power owns, operates, and manages power plants in the United States, leveraging the unique advantage of a globally integrated Japanese trading company with industry-oriented expertise.
Perennial invests in key infrastructure projects to contribute to the development and sustainability of the local economies and communities. The foundation of Perennial’s investment approach is to provide long-term contributions and inclusive solutions to stakeholders through Sumitomo’s unique value proposition.
Gas
Accounts for roughly 38% of electricity generation in the US as well as almost a quarter of global electricity generation, and is a reliable source of electricity that can be dispached on demand.
Wind
In the United States, SC Group has achieved investment and operation in five wind generation businesses, totaling ~1.5 GW since its first investment in the onshore wind power generation business in 2009.
Battery Storage
Battery storage is the fastest responding dispatchable source of power on electircl grids, and will be a critial resource to stablize the power grid in many markets.
Solar
The amount of sunlight that strikes the earth’s surface in an hour and a half is enough to handle the entire world’s energy consumption for a full year. (source: Office of EERE)
Perennial Power, Inc. is part of the global portfolio of Sumitomo Corporation. Perennial was formed by Sumitomo to invest in independent power plants in North America.
Sumitomo currently owns over 10GW of power generation all over the world and looks for further expansion of its contribution to the global economy.
