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Japanese Giants Marubeni, Sumitomo, and Sumitomo Electric Invest GBP 14.2 Billion in UK Offshore Wind and Green Hydrogen Projects

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UK's Crown Estate Signs Lease Agreements for 8GW of Offshore Wind Energy Production by 2030. (Credit: andreas160578 from Pixabay)

Japanese giants Marubeni Corporation, Sumitomo Corporation, and Sumitomo Electric Industries have made a significant commitment to investing in the UK's offshore wind and green hydrogen projects, as well as the offshore wind supply chain. The total investment amounts to GBP 14.2 billion (approximately EUR 16.3 billion). This announcement comes ahead of the UK Prime Minister's

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