Marubeni Corporation announced the signing, on October 11, 2023, of a Memorandum of Understanding, with the Department for Business and Trade of the UK Government, on comprehensive cooperation in clean energy projects, including offshore wind and green hydrogen businesses, in the UK.
The MOU affirms the partnership between the UK Government and Marubeni, indicating the UK Government’s commitment to supporting Marubeni’s plans, with its partners, to invest approximately £10 billion in clean energy projects over the next 10 years.
The UK government has committed to the UK achieving net zero greenhouse gas (GHG) emissions by 2050 and is also aiming, by 2030, to deploy offshore wind farms with a total capacity of up to 50 GW, which will include up to 5 GW of floating offshore wind farms and 10 GW of production capacity for low carbon hydrogen.
In November 2021, Marubeni signed a Memorandum of Understanding with Scottish Enterprise on comprehensive collaboration for the decarbonisation of Scotland through floating offshore wind and green hydrogen businesses.
MOU signing ceremony
From the left: Marubeni Corporation, Executive Officer, Chief Operating Officer, Power Div., Satoru Harada
Ambassador of the United Kingdom to Japan, Julia Longbottom
Department for Business and Trade of the United Kingdom of Great Britain and Northern Ireland, Minister for Investment, Lord Johnson of Lainston CBE. Photo of Marubeni.
Press release https://is.gd/SBYgk8
