Iberdrola will pick up a 9 GW pipeline of offshore wind projects in Sweden, after agreeing to purchase majority stakes in up to eight projects from Svea Vind Offshore (SVO). With this capacity likely to materialize from 2019 onwards, Sweden’s second surge for offshore wind could set it up as one of the major green-power exporters in Europe, with green hydrogen likely to become a key part of its strategy. Under the framework agreed between the two companies, SVO will retain a stake in each project, with Iberdrola now likely to lead development. This will be the case for six projects totaling 5.1 GW of capacity in the Galve region of the country, alongside a further two projects totaling 3.9…