Sumitomo forms renewable energy JV in India with AMPIN Energy Transition [Yahoo! Finance]
SUMITOMO CORP S/ADR (SSUMY)
NASDAQ:AMEX Investor Relations:
sumitomocorp.co.jp/en/ir
Company Research
Source: Yahoo! Finance
a new venture, AMPIN C&I Power, to foster renewable energy development and supply in India. With an investment of 100bn yen ($712m), the new company indicates Sumitomo's entry into India's corporate power purchase agreement (PPA) landscape. The partnership aims to address the country's rising energy needs through renewable sources, marking Sumitomo's entry into India's corporate PPA market. AMPIN Energy Transition founder, managing director and CEO Pinaki Bhattacharya stated: “This collaboration with Sumitomo Corporation highlights our unwavering commitment to accelerating renewable energy adoption in India. “By combining our expertise and resources, we aim to co-develop and co-own renewable energy projects that will provide substantial long-term returns while significantly contributing to the nation's energy transition goals.” The new entity, AMPIN C&I Power, will focus on delivering power from renewable sources, such as solar and wind, to businesses across India. Sumitom
Show less
Read more
Impact Snapshot
Event Time:
SSUMY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SSUMY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SSUMY alerts
High impacting SUMITOMO CORP S/ADR news events
Weekly update
A roundup of the hottest topics
SSUMY
News
- FPT and SCSK to Form Joint Venture, Revolutionizing Japan's Legacy Systems and Talent Landscape [Yahoo! Finance]Yahoo! Finance
- Inocras and Summit Pharmaceuticals International Corporation Announce Collaboration Aim to Transform Clinical Genomics in Japan [Yahoo! Finance]Yahoo! Finance
- Sumitomo Corp H1 net profit down 11% at 254 billion yen [Yahoo! Finance]Yahoo! Finance
- Outrider Raises $62M To Power Scaling Of Logistics Yard Autonomy [Forbes]Forbes
- Outrider Closes $62 Million Series D Financing to Drive Growth of Yard AutomationPR Web