Marubeni Signs MOU for Decarbonization through Floating Offshore Wind and Green Hydrogen

Source: www.gulfoilandgas.com 11/10/2021, Location: Europe

Marubeni Corporation (hereinafter, “Marubeni”) is pleased to announce that, on November 10th, 2021, Marubeni signed a Memorandum of Understanding (hereinafter, “MOU”) with Scottish Enterprise on comprehensive collaboration for the decarbonization of Scotland including floating offshore wind and green hydrogen businesses in Scotland.

The Scottish Government has committed to Scotland achieving net zero greenhouse gas emissions by 2045, underpinned by statutory legislation to reduce emissions by 75% by 2030. This MOU aims to contribute to the decarbonization of Scotland by expanding floating offshore wind business and realizing a green hydrogen society through the establishment of an offshore wind supply chain and a green hydrogen value chain including production and its usage.

Marubeni owns stakes in power projects across 19 countries (including Japan) for a total net capacity of about 12GW. Also, as part of the company’s activities for enhancing sustainability, Marubeni issued the Notification Regarding Business Policies Pertaining to Sustainability in Relation to Coal-Fired Power Generation Business and Renewable Energy Generation Business in September 2018, and set the Marubeni Long-Term Vision on Climate Change in March 2021 for the purpose of contributing to solving global climate change. Utilizing its experience in acting as a lead developer of these kinds of projects, Marubeni strives to expand floating offshore wind businesses in Scotland and achieve green hydrogen production and its usage with abundant renewable energy sources in Scotland and promote the decarbonization of Scotland.


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