IPA Qatar, Spain’s Iberdrola unite to set up world-leading innovation center

IPA Qatar, Spain’s Iberdrola unite to set up world-leading innovation center

The Investment Promotion Agency Qatar (IPA Qatar) and Iberdrola Group, a Spanish multinational electric utility company, have entered into a new partnership to establish a world-leading innovation center to advance digital utility in Qatar.

The partnership will expand the group’s Research, Development, and Innovation (RDI) activities through its 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 allows the tech hub to further accelerate 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 digitalization of the electrical grid by developing solutions in smart grids, renewable energy integration and energy efficiency.

Sheikh Ali Alwaleed Al Thani

CEO – IPA Qatar “We are delighted to be working with Iberdrola towards realizing our shared vision for Qatar’s digital transformation and the establishment of an innovative, knowledge-based economy. Furthermore, we expect the outcome of our collaboration to help power local and international enterprises’ growth ambitions in Qatar and the region, while building on the tech hub’s previous achievements and