UK backs Taiwan offshore wind project with £200m of credit guarantees

Michael Holder
clock • 2 min read

UK Export Finance claims to have now provided £500m support since 2019 for three wind projects in Taiwan

Britain's offshore wind industry secured an export boost yesterday, with the government announcing plans to provide £200m in credit guarantees to help finance a 605MW offshore wind farm in Taiwan through...

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

'We need to get after it': How Scotland could become a world leader in floating offshore wind

'We need to get after it': How Scotland could become a world leader in floating offshore wind

Aberdeen could be about to give birth to another trail-blazing energy industry - Michael Holder sees how ambitious plans to become a floating offshore wind hub are taking shape

Michael Holder
clock 28 May 2025 • 20 min read
Glasgow port announces £3m boost to wind turbine plans

Glasgow port announces £3m boost to wind turbine plans

Clydeport has confirmed upgrades to the King George V Dock in Glasgow to improve its ability to handle large wind turbine parts

clock 27 May 2025 • 2 min read
Offshore wind: Energy firms warn record new capacity needed in upcoming contract auction

Offshore wind: Energy firms warn record new capacity needed in upcoming contract auction

Pressure is mounting on the government to boost its offering for offshore wind developers if it is to ensure upcoming clean power contracts auction delivers sufficient capacity

Michael Holder
clock 15 May 2025 • 7 min read