IPA Qatar, Iberdrola to set up world-leading innovation centre – The Peninsula

  • Date: 20-May-2022
  • Source: The Peninsula Qatar
  • Sector:Technology
  • Country:Qatar
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IPA Qatar, Iberdrola to set up world-leading innovation centre – The Peninsula

The Investment Promotion Agency Qatar (IPA Qatar) and Iberdrola Group, has announced a new partnership to establish a world-leading innovation centre to advance digital utility in Qatar. The partnership will expand the Spanish group’s Research, Development, and Innovation (RDI) activities through the Doha-based Iberdrola Innovation Middle East.

The new collaboration aims to advance the digital utility industry by unlocking the growth potential of the RDI ecosystem in Qatar.

The partnership also paves the way for the tech hub to further propel the development of its innovative products and solutions for government and businesses, particularly in Qatar’s expanding utilities sector. The hub, currently located in Qatar Science and Technology Park (QSTP), tackles the technology challenges related to innovation and digitalisation of the electrical grid by developing solutions in smart grids, renewable energy integration and energy efficiency.

In addition to serving the goal of boosting the RDI landscape and strengthening Qatar’s fast-paced digital transformation, the IPA Qatar-Iberdrola partnership sets the framework to develop local talent through Iberdrola’s skills development and training programmes. Similarly, it entails Iberdrola’s transfer of knowledge as well as sharing of Intellectual Property (IP) rights with relevant educational and industrial institutions.

In the presence of Minister of Commerce and Industry and Chairman of