The Third Japan-Africa Business Forum (JABF 2021)“Lights up & PowerAfrica”
Sumitomo Corporation

2021/6/29

1© 2021 Sumitomo Corporation

Contents01

Business Overview

P. 302Business Cases

P. 703

Challenges

P.10

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Business Overview

3© 2021 Sumitomo Corporation

Business Overview

Creating New Values with Global Team
Sumitomo Corporation Group conducts business activities in a wide range of industries on a global scale,with its six business units and regional organizations all over the world working closely together.

Strategically and organicallyintegrating our robust businessfoundation and our diverse, high-level
functions, we create new values bystaying a step ahead in dealing withchanges and transcending existing
frameworks as a way to help solve
social issues.

Metal
ProductsTransportation& Construction
Systems

Infrastructure

Media& Digital

Living Related& Real Estate

Mineral Resources,Energy, Chemical& Electronics

4© 2021 Sumitomo Corporation

Business Overview

Power Infrastructure Business : Responding to the Global
Sumitomo Corporation never stop looking for the best way to respond to the social demand.
Since 1919 : Sumitomo Corporation
1960s : electrical equipment supply business
1970s : EPC (engineering, Procurement, Construction) business > 50GW
1990s : IPP business > 20GW

Our strength is to create the value inenergy production. We develop onshorewind, offshore wind, large size PV,
biomass and geothermal power
generation projects all over the world.
Utilizing our global experience, we commit
further growth in renewable energy
production targeting over 3GW ofrenewable (RE) portfolio net capacity by
2035 and the carbon neutral by 2050.

3GW RE by 2035
Carbon Neutral by 2050

ASIAEUROPEGalloper
UKNorthwindBelgium

Northwester2Belgium

Race BankUKTenerifeSpainNoblewind
Belgium

USA

Summit Myojo Tomakomai
JapanJapan

DatangChina

Kita-Kyushu
JapanOgaJapan

Cimarrong IIUSA

IronwoodUSA

SaijoJapan

Mesquite
Creek WindUSA

StantonUSA

Sumitomo’s Global Power Portfolio
Thang Long IP Muara Laboh
Indonesia
Vietnam

Gross capacity 22,484MW
Net capacity

Dorper Wind FarmSouth Africa

AFRICACBK Hydro
The Philippines

9,651MWRE Net capacity 1,397MW

5© 2021 Sumitomo Corporation

Business Overview

Our Activities In Africa
11 offices to cover & exploring energy / infrastructure relating business – name a few of them here…
Dorper 100MW wind power IPP in South Africa
Dorper Wind Farm supplying power for 20-years to ESKOM

bKinyerezi 240MW gas-fired combined cycle EPC in Tanzania
Commercial operation began in 2018

cMaputo 110MW gas-fired combined cycle EPC in MozambiqueCommercial operation began in 2018

dKpone 340MW gas-fired combined cycle IPP in Ghana
Kpone IPP supplying electricity for 20 years to ECG(Utility Co. in Ghana)

DjiboutieRades-C 450MW gas-fired combined cycle EPC in Tunisia
Simple cycle operation started in 2019

kSomalia

fInvestment in M-KOPA Solar in Kenya
M-KOPA is the leading company of off-grid solar home system

gInvestment in WindGen Power in Kenya
WindGen Power is the mini-grid total solution company

hA fleet of road construction equipment delivered to Uganda
Supplying 650 pieces of construction machinery and 500 vehicles

i

Investment in Assmang group in South Africa
Assmang is iron ore and manganese mining company in South Africa

jThe Ambatovy nickel project in Madagascar
This project began commercial production in 2014

kFPSO owning and chartering for oil and gas field in offshore Ghana
Domestic supply of oil and natural gas from our FPSOlTelecom Services in Ethiopia
Telecom service deployment with Vodafone, which license awarded in May 2021.

e1011aTunisia

9Morocco

Algeria

8

Libya

Egypt

Mauritania
Mali

Niger

Sudan

ChadSenegal
GambiaGuineaBissauBurkina

GuineaBe
FasodTogonin

Sierra Leone
Liberia

Eritrea

Nigeria

Ethiopia

Ghana

Cote kd’Ivoi
re6

Cameroon
Equatorial Guinea

Uganda KenyagGabo
Dem Republicn Congoof Congo

1

Sumitomo Corporation Africa

2

Nairobi Liaison Office3

Dar es Salaam Liaison Office4

Luanda Liaison Office5

Antananarivo Liaison Office6

Accra Liaison Office78

Maputo Liaison Office

9Tripoli Liaison Office10

Alger Liaison Office11

Casablanca Liaison OfficelSouth Sudan
CentralAfrica
Republich2f

RwandaBurundiTanzania b

3Angola4

Comoros

Zambia5Mozambique
Namibia

Zimbabwe
Botswana

Cairo Liaison Office

1cj

7EswatiniSouth
Lesothoa Africa
iMadagascar

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Business Cases

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Business Cases

Power Infrastructure : Pursuing sustainable economies
Sumitomo Corporation continue challenges to pursue the sustainable economies utilizing clean energy.

Approach to un-electrified householdsMKOPA Holdings Limited founded in 2011 leads “Pay As You Go” solar and financeplatform. M-KOPA helps to make life-enhancing products, such as solar lighting,radios and TVs, affordable to low-income households in emerging economies.
Instead of full and upfront payment, M-KOPA customers buy products with daily
installments. As of today, M-KOPA has connected over 1,000,000 customers.

Ascend integrated mini-gridPowerGen Renewable Energy’s vision is to make clean, renewable energy
accessible to more people in Africa with full value-chain expertise in mini-gridconsulting, development, EPC and customer and asset management.
More than 15,000 homes and business in Kenya, Tanzania, Sierra Leone andNigeria are connected to PowerGen’s mini-grids and launched an innovative andunprecedented project financing facility for its mini-grid platform to accelerate
development.

8© 2021 Sumitomo Corporation

Business Cases

Power Infrastructure : Pursuing sustainable economies
Sumitomo Corporation respond to the global demand and contribute to enrich lives and the world.

Add larger volume clean energy
Dorper Wind Farm is a 100MW capacity of onshore wind fam located as Easter Cape.
By responding to South Africa governmental renewable procurement program,
Dorper Wind Farm started renewable energy production in 2014 under the long term
power supply agreement with ESKOM. In addition to the large size of the clean
energy production, the project continuously support the enhancement of the local
community such as education and entrepreneurship. Sumitomo Corporation and alocal developer lead the development, construction and operation of Dorper WindFarm.

DorperEastern CapeSouth Africa

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Challenges10© 2021 Sumitomo CorporationChallenges

Sustainability requires continuous efforts by all stakeholders
Various hurdles exist but should be cleared by continuous effort by all stakeholders
1. Sizable source of clean energy production and supply: Public support including subsidies and simple license scheme is essential.
 More institutional / government support for the exploration of the natural resources is expected.
2. Promotion of direct power offtake scheme:
 More customers require direct clean energy procurement.
 Deregulation and open market approach is a key to boost direct offtake.
 Enhancement of power grid is also important to enable physical energy supply.

3. Distributed energy:
 Various financing options would support the sustainable infrastructure.
 Local government support will be necessary for understanding and consent by the residents.
11© 2021 Sumitomo Corporation