Japanese Marubeni Corporation opens first office in Scotland
Global corporation, Marubeni Europower Limited, has advanced its net zero collaboration in Scotland following the opening of its first office in Glasgow.
The investment in new premises will allow the company to drive forward its work to support Scotland’s journey to net zero and follows a Memorandum of Understanding (MoU) which it signed with Scotland’s national economic development agency, Scottish Enterprise, last year during COP26.
The opening coincides with Scotland’s Cabinet Secretary for Net Zero & Energy, Michael Matheson, meeting with Marubeni executives in Tokyo this week as part of a five-day programme of engagements with key Japanese energy companies and stakeholders, designed to deepen collaboration and drive further investment in Scotland’s renewable energy revolution.
Part of the consortium for ScotWind’s floating offshore wind project, the Marubeni team is working with leading renewable energy developer, SSE Renewables and Danish fund management company, Copenhagen Infrastructure Partners to develop what will become one of the world’s largest floating offshore wind farms off the east coast of Scotland.
The company is also at the heart of an ambitious hydrogen project in Glasgow city that aims to establish a Green Energy Hub which will supply green hydrogen to local users including Scottish Event Campus to hold net zero events.
Working closely both with Scottish Enterprise executives in Scotland and at its international arm Scottish Development International’s field office in Tokyo, the team has been focused on helping to address gaps in the local supply chain to help accelerate Scotland’s journey to net zero.
Mr Matheson said: “Scotland has the people, the skills and natural resources to become a global leader in renewable and low carbon energy. From delivering ScotWind to accelerating low carbon technologies such as hydrogen, our energy transition presents enormous potential.
David Rennie, Head of Low Carbon Energy at Scottish Enterprise said: “Scotland has strong trade and investment links with Japan, particularly in key sectors such as renewable energy.
“The opening of Marubeni Europower Limited’s new premises in Glasgow marks an important milestone in further strengthening our valued relationship with the company and its support for Scotland’s net zero ambitions.”
Tomoki Nishino, President & CEO of Marubeni Europower Limited said: “We are delighted to have opened our office in Glasgow. Especially as a developer of the Scottish offshore wind project Ossian and green hydrogen project in Glasgow, it is extremely important for us to reach out to the stakeholders and citizens of Scotland and listen to their voices. Our members in Glasgow are proudly committed to contribute to achieving Scotland’s net zero ambitions by delivering these significant low carbon projects, together with our friends in Scotland.”
The Scottish Government has introduced world-leading climate change legislation that sets a target date for net zero emissions of all greenhouse gases by 2045.
Marubeni’s investment in Scotland is aligned to the Scottish Government’s Inward Investment Plan which sets out the strategic approach for attracting investment that can play an important role in achieving Scotland’s net zero targets.
Japan is one of Scotland’s leading inward investors, with more than 100 Japanese-owned companies based in the country. Scottish Enterprise’s international trade and investment arm, Scottish Development International (SDI), has trade and investment specialists based in Tokyo, promoting economic opportunities across sectors such as low-carbon, life science and food & drink.
Scottish Enterprise Press Office
Notes to editors
About Scottish Enterprise
Scottish Enterprise (SE) is Scotland’s national economic development agency and a non-departmental public body of the Scottish Government. It supports businesses to innovate and scale to transform the Scottish economy by focusing on new market opportunities through targeted investment, innovation and internationalisation. Follow us on Twitter and LinkedIn.
About Marubeni Corporation
- Marubeni Corporation is a global trading company - HQ in Chiyoda, Tokyo, Japan.
- 132 branches (12 in Japan; 56 overseas and 29 overseas corporate subsidiaries) with 315 subsidiaries and 148 affiliated companies. Employs 4,379 (wider Group of companies employs 46,100).
- Involved in the handling of products and provision of services in a broad range of sectors, including importing and exporting, as well as transactions in the Japanese market, related to food materials, food products, textiles, materials, pulp and paper, chemicals, energy, metals and mineral resources, transportation machinery, and includes offshore trading.
- Activities also extend to power projects and infrastructure, plants and industrial machinery, finance, logistics and information industry, and real estate development and construction.
- Marubeni has 2 corporate subsidiaries in Europe: Marubeni International (Europe) GmbH and Marubeni Europe plc based in UK.