Marubeni Corporation has announced the signing of a Memorandum of Understanding (MoU), with the Department for Business and Trade of the UK Government, on 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. Marubeni will leverage its collaboration with the UK government and local governments to promote clean energy projects in the UK and contribute to the UK’s goal of achieving net zero GHG emissions, while also feeding back the knowledge and experience gained through its UK operations to Japan.