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Investors - NOVEMBER 12, 2021

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Japan’s Marubeni Corp. collaborates on the decarbonization of Scotland

by Kali Persall

Japan’s Marubeni Corp. has signed an agreement with Scottish Enterprise to collaborate for the decarbonization of Scotland through various renewable initiatives.

The partnership will expand floating offshore-wind business and establish an offshore-wind supply chain and a green-hydrogen value chain. This is in line with the Scottish government’s goal of achieving net-zero greenhouse gas emissions by 2045.

Marubeni owns stakes in power projects across 19 countries, representing a total net capacity of about 12 gigawatts.

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