QSTP strengthens partnership with Iberdrola innovation Middle East

  • Date: 18-Sep-2022
  • Source: Zawya
  • Sector:Technology
  • Country:Qatar
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QSTP strengthens partnership with Iberdrola innovation Middle East

Doha, Qatar: Qatar Science & Technology Park has further expanded its partnership with Iberdrola Innovation Middle East through an agreement to increase the volume and range of Iberdrola’s research, development and innovation-based activities, as well as the size of its footprint at the Park.

Iberdrola, a Qatar Science & Technology Park (QSTP) member since 2016, aims to define 'the digital utility', by developing innovative digital solutions for renewable energy integration, smart grids, and energy efficiency and conservation. The company runs strong cooperation programs within Qatar’s innovation ecosystem and has signed co-development agreements with a number of innovation and energy industry players.

The partnership was signed by Yosouf Al Salehi, Executive Director, QSTP and Santiago Bañales, Managing Director of Iberdrola Innovation Middle East, at a ceremony at QSTP, in the presence of Sheikh Ali Alwaleed Al-Thani, Chief Executive Officer of Qatar's Investment Promotion Agency (IPAQ), and HE Ambassador of the Kingdom of Spain to the State of Qatar, Javier Carbajosa Sanchez.

Earlier this year, Iberdrola and IPAQ partnered to promote the energy company's leading innovation center, with the aim of advancing the digitalization of the global electricity sector. The agreement, made in Madrid during the visit of His Highness Sheikh Tamim bin Hamad Al