A Japanese energy company is set to invest around £26m in Bridgend this year, with the local council signing a memorandum for the development of a green hydrogen demonstrator project.
Green energy specialist Marubeni, attended a welcome event in the town last week, where an agreement setting out how both organisations could work together to develop a new 5MW-class hydrogen energy initiative was discussed.
The agreement was signed after Bridgend was selected by the Marubeni Corporation, following discussions with Welsh Government as the preferred UK location for a green hydrogen demonstrator project, which aims to create an energy plant capable of generating and balancing the supply and storage of low-cost green energy.
