Sumitomo Corporation last month reached an investment and business operation participation agreement with EEW Offshore Wind EU Holding, a Germany-based manufacturer of monopiles – large diameter steel pipes for the foundation of bottom-fixed offshore wind power generation. Completion is scheduled for the end of December 2024, subject to various legal and regulatory requirements. EEW’s strength is its mass production system enabled by sophisticated technology to bend steel plates over 100mm thick and advanced high-quality welding technology.

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