Sumitomo and Highview: A Partnership for Global Expansion
Sumitomo Heavy Industries (SHI) and Highview Power Partner to Expand Cryogenic Long-Duration Energy Storage Globally
Listed from left to right: Highview Power President and CEO, Dr. Javier Cavada; Highview Power Chairman, Colin Roy; Sumitomo SHI FW Chairman, Eiji Kojima; and Sumitomo SHI FW CEO, Tomas Harju-Jeanty
- Sumitomo Heavy Industries (SHI) invested $46m in Highview Power in Feb 2020.
- Partnership aims to accelerate global growth of cryogenic energy storage technology.
- SHI becomes the hub for the CRYOBattery™ business, expanding the technology's footprint in Europe, Asia & Americas.
Highview Power's Cryogenic Energy Storage System
True Long Duration Energy Storage