tribune news network
doha
Qatar Science & Technology Park has expanded its partnership with Iberdrola Innovation Middle East by signing an agreement to expand the volume and scope of Iberdrola’s research, development, and innovation-related activities, as well as the size of its footprint at the Park.
Iberdrola, a member of the Qatar Science & Technology Park (QSTP) since 2016, aims to define ‘digital utility’ by developing innovative digital solutions for renewable energy integration, smart grids, and energy efficiency and conservation. The company has strong collaboration programmes within Qatar’s innovation ecosystem and has signed co-development agreements with a number of players in the innovation and energy industries.
The agreement was signed at QSTP by Yosouf Al Salehi, Executive Director, and Santiago Baales, Managing Director of Iberdrola Innovation Middle East, in the presence of Sheikh Ali Alwaleed Al Thani, Chief Executive Officer of Qatar’s Investment Promotion Agency (IPAQ), and Javier Carbajosa Sanchez, HE Ambassador of the Kingdom of Spain to the State of Qatar.
The expansion of Iberdrola’s activities at QSTP will allow the company to reaffirm its commitment to aligning its initiatives with the needs of the local market and collaborating with companies and training centres to develop local talent. To accomplish this, it will emphasise skill development and run dedicated training programmes, as well as share intellectual property rights with local educational and industrial institutions.
Al Salehi said: “QSTP’s partnerships with established multinational companies that operate in our Park and Free Zone, such as Iberdrola, mean that these organizations can become active stakeholders in Qatar’s economic transformation, boost the national economy and provide solutions for specific economic challenges. With energy as one of QSTP’s overarching themes, our developing partnership with Iberdrola is a key contributor to how we are creating a collaborative and dynamic environment within Qatar to realise the national drive towards economic diversification and sustainability.”
Bañales added: “Since our incorporation at QSTP in 2016, Iberdrola Innovation ME has left its mark in the deployment of smart grids across the Middle East and has made significant contributions to the global development of the Digital Utility; in this new phase of growth and expansion of our footprint at QSTP, we intend to widen our global impact while increasing our already successful cooperation with Qatar’s innovation ecosystem.”
