Japan's Sumitomo has signed a memorandum of understanding (MoU) with the UK, pledging £7.5bn investment into infrastructure and renewable energy projects in the country by 2035. The focus of this investment will be on offshore wind and hydrogen ventures, aligning with the UK government's Plan for Change and its strategy to boost clean energy growth. The partnership builds upon existing agreements with Japan and reinforces the UK's position as an attractive investment destination for international businesses. Minister for Investment Poppy Gustafsson emphasized the significance of this collaboration in creating jobs, attracting further investments, and driving economic growth throughout the UK. This initiative not only supports the UK's modern Industrial Strategy but also highlights the country's commitment to clean energy as a priority sector. Sumitomo's investments in the UK, spanning areas like offshore wind power, carbon capture, hydrogen, and fusion energy, showcase a strong dedication to decarbonization and clean energy solutions. Overall, the agreement signifies a positive step towards sustainable energy development and economic prosperity in the UK.