Renewable energy and hydrogen projects part of Japan’s £17.7bn investment, says UK Government

The UK Government has said Japanese businesses are set to invest £17.7bn ($22bn) into the UK, including a potential £10bn ($12.4bn) from Marubeni for its offshore wind and low-carbon hydrogen projects.

Revealed at a business reception in Tokyo, Japan, on the eve of the G7 Summit (May 18), UK Prime Minister Rishi Sunak said the new investments were a “massive vote of confidence in the UK’s dynamic economy, from some of Japan’s top firms.”

Read more: 2023 G7 Summit – Eyes on hydrogen?

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