Promoting the decarbonization of industrial production worldwide. This is the goal of Iberdrola and Mitsubishi Power, which have signed an agreement to develop sustainable energy solutions. According to the companies, the project includes, for example, the installation of green hydrogen plants and battery storage systems.
Read more: Green hydrogen could compete with fossil fuels by 2030
“This joint development with Iberdrola fulfills our mission to create a future that works for people and the planet by creating innovative energy and storage solutions,” said Ken Kawai, CEO of Mitsubishi Power.
According to Aitor Moso, director of Liberalized Business at Iberdrola, the agreement represents a very important milestone in the strategy of developing alliances with key players in the industrial sector, “one of the most difficult to decarbonize, allowing us to advance towards efficient electrification”.
Read more: Iberdrola seeks solutions that integrate solar energy and rural activities
“With the expansion of renewable solutions such as batteries and green hydrogen in industrial manufacturing processes, we put our capabilities at the service of an urgent and common goal: building a more sustainable and emission-free economic model, offering development opportunities for the industry and employment”, added Moso.
According to Iberdrola, the goal is to be a carbon neutral company in Europe by 2030. It has already launched a €150 billion investment plan this decade to triple renewable capacity and network assets.
Comments
Comments are moderated before publication.Comments should be respectful and contribute to a healthy debate. Offensive comments may be removed. The opinions expressed here are those of the authors and do not necessarily reflect the views of the author. Canal Solar.