After the UK reached a deal before the Global Investment Summit, Spain-backed offshore wind farms are at the center of nearly 10 billion pounds (13.72 billion US dollars) of new foreign investment in the UK's green economy. The power company Iberdrola plans to invest £6 billion in the offshore wind farm at the East Anglia hub through ScottishPower, creating 7,000 jobs after obtaining planning approval and a contract for difference.

This investment is one of 18 new trade and investment deals that will support green growth and create 18,000 jobs. These deals are secured by GIS in London. The deal will be held on Tuesday and will be conducted by Microsoft Co-founder and philanthropist Bill Gates and other global celebrities are featured. As the UK advances its ambitious goal of achieving net zero emissions by 2050, the package of deals will promote growth in important areas such as wind and hydrogen energy, sustainable housing, and carbon capture and storage. British Prime Minister Boris Johnson said that "the world's top investors" see the potential for future industry growth and innovation in the UK. "A staggering £9.7 billion in new investment will drive our economic recovery, create thousands of jobs and help raise the level of the country," he said.

Mr Johnson stated that these deals are “just the beginning” as the country looks forward to the Cop26 Environmental Summit in Glasgow, Scotland, next month and beyond. GIS aims to promote the government's 10-point green economy plan, which was announced by Mr. Johnson in November last year and promised to invest 12 billion pounds to get rid of fossil fuels. The summit will show how £12 billion can create and support UK jobs and provide reasons for global investment in the UK’s green economy. Iberdrola's investment will create the company's largest offshore wind power development project in the world and provide enough green energy to power 2.7 million British homes. According to Iberdrola’s chairman Ignacio Galan, the utility company shares the same vision as Mr. Johnson’s 10-point plan. Its £6 billion investment is “to achieve enough offshore wind power to power every British home by 2030. An important step". At the same time, global logistics company Prologis plans to invest 1.5 billion pounds in the next three years to develop net-zero carbon warehouses in London, the southeast and central regions, supporting approximately 14,000 new jobs.

"We believe that private sector innovation has and will continue to play an important role in overcoming the environmental challenges facing the world today," said Hamid Moghadam, CEO of Prologis, based in California. Since Mr. Johnson launched his 10-point plan a year ago, the £9.7 billion that the UK has received through GIS activities is in addition to the £5.8 billion already committed to sustainable projects. GIS will be held two weeks before Cop26, and 200 global business leaders and top investors will gather at the Science Museum in London to study how the private sector can help the UK achieve global net zero emissions and achieve green growth. Keywords: engineering construction, engineering news

At the summit, the government will also launch a new investment atlas-an online platform to help international investors find and execute high-priority investment opportunities in the UK. To date, there are 53 on Atlas, each with strong sustainability elements, including Scotland's offshore wind electronic structure, Teesside and Humber manufacturing ports, and Telford's sustainable food system delivery. "The UK is the world's best investment destination. Our investment atlas will help promote more UK investment in green industries and make it easier for companies to make decisions about investment locations and investment content," the Minister of International Trade Said that Anne-Marie Trevelyan will also participate in GIS. "The investment transactions announced today will create jobs, promote economic development, promote prosperity, and as we rebuild better and more environmentally friendly, the national level will be higher." The British government will announce its net zero emissions strategy this week. Explain how the UK will deliver on its commitment to achieve net zero emissions by 2050.Editor/XingWentao,Design/XiaChangwang