Japanese Marubeni signs MoU with UK Government

Marubeni Corporation is pleased to announce 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 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*. The MOU affirms the partnership between the UK Government and Marubeni, indicating the UK Government’s commitment to supporting Marubeni's plans, with its... ... More: Official Press Release Marubeni

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Marubenim, UK, Japan, MoU, hydrogen, business, cooperation, clean energy, offshore, wind farm, development