Green Energy Giants to Invest $16 Billion in Offshore Wind and Hydrogen

December 5, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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Spain’s Iberdrola and the UAE’s Masdar agreed on Tuesday to form a strategic partnership looking to invest $16.2 billion (15 billion euros) in offshore wind and hydrogen in major markets including the U.S., the UK, and Germany. Iberdrola, a utility giant with 41 gigawatts (GW) of renewables in operation, and the UAE’s clean energy developer Masdar will look to jointly invest in the 1.4-GW UK East Anglia 3 offshore wind project. This deal has been under negotiation for the last few months and could be signed by the end of the first…

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

Green Energy Giants to Invest $16 Billion in Offshore Wind and Hydrogen

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