San Francisco, United States
Idemitsu Renewables is a company dedicated to advancing the solar energy sector in the US. Founded in 2010, the company has a strong focus on developing, constructing, owning, and operating utility-scale solar projects across the country. With the slogan, "Idemitsu Renewables develops, constructs, owns, and operates utility-scale solar projects across the US," the company positions itself as a leader in the clean energy revolution.
As a subsidiary of Idemitsu Kosan, one of the largest energy companies in Japan, Idemitsu Renewables has the backing and support of a major player in the energy industry. The company's commitment to creating a sustainable future is evident in its mission to harness solar power and create clean energy for everyone, with the overall goal of enabling people to live in harmony with nature.
In 2015, Idemitsu Renewables transitioned to become a utility-scale solar developer through the acquisition of a robust solar pipeline platform. The company's ambitions are reflected in its plan to significantly expand its operating solar portfolio to several gigawatts in size. This growth trajectory was further supported by a recent $61.00M Private Equity Round investment at 27 July 2022, led by Morgan Stanley.
With a focus on the Energy and Semiconductor industries, and headquartered in the United States, Idemitsu Renewables is well-positioned to make a substantial impact in the solar energy market and contribute to a more sustainable future.
