Japanese Giant Sumitomo Enters US Microgrid Market with Investment in LO3

LO3 Energy

Japanese conglomerate Sumitomo has entered the US microgrid market with an investment in New York-based blockchain innovator LO3 Energy, a company perhaps best known for the Brooklyn Microgrid, a peer-to-peer energy trading experiment that has captured worldwide attention.   Sumitomo was one of two major investors to give new backing to LO3 this … [Read more...]