Sumitomo to Invest £7.5 Billion into UK Hydrogen Infrastructure and Offshore Wind by 2035

Sumitomo Corporation is stepping up its clean energy game in the UK, signing a memorandum of understanding (MOU) with the UK Government’s Office for Investment. Under this new deal, Sumitomo is looking to channel up to £7.5 billion ($10.2 billion) into UK clean energy projects by 2035.

Big focus on offshore wind and hydrogen production

The bulk of this investment is expected to go toward developing offshore wind in the North Sea and ramping up hydrogen production infrastructure, especially through proposed blue hydrogen facilities near the Bacton gas terminals. It’s a clear signal that both Sumitomo and the UK are serious about cutting carbon and driving industrial decarbonization.

Supporting UK’s net-zero 2050 goals

This partnership ties right into the UK’s broader ambition to hit net-zero emissions by 2050, as highlighted in the Modern Industrial Strategy. But it’s more than just climate goals—it’s also about creating jobs, fast-tracking green innovation, and tightening UK-Japan economic ties at a time when global cooperation on clean tech is more important than ever.

Projects taking shape—details still to come

While we’re still waiting on specifics—like exact locations and how the funding will be split—the message is loud and clear: the UK is solidifying its role as a global hub for renewable energy. And with increasing investor interest, especially in areas like hydrogen infrastructure and green hydrogen, it’s shaping up to be an exciting chapter for the clean energy future.