UK leads market as banks slowly warm to offshore wind

Jessica Shankleman
clock

European Wind Energy Association report shows 4.5 per cent increase in offshore turbines installations for first half of 2011

The number of banks willing to back European offshore wind projects is steadily growing, according to a new report that predicts a record €3bn (£2.6bn) of bank funding will be delivered to the emerging...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Wind

Study: AI and digital twins can help onshore wind sector tackle delays and red tape

Study: AI and digital twins can help onshore wind sector tackle delays and red tape

Critical component wait times of more than a year increase project risks, but AI and digital twins can offset delays, new study finds

Stuart Stone
clock 14 July 2025 • 4 min read
Masdar and Iberdrola to invest €5.2bn in 1.4GW East Anglia Three offshore wind farm

Masdar and Iberdrola to invest €5.2bn in 1.4GW East Anglia Three offshore wind farm

Energy giants advance €15bn joint venture with opening of Baltic Eagle project and confirmation of investment in latest UK offshore wind farm

Stuart Stone
clock 10 July 2025 • 3 min read
UK government gives green light to Irish Sea's largest offshore wind farm to date

UK government gives green light to Irish Sea's largest offshore wind farm to date

Ed Miliband approves plans for 1.5GW Mona Offshore Wind Farm, which is set to provide clean power to more than one million homes

Stuart Stone
clock 04 July 2025 • 3 min read