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Taiwan offshore wind attracts £2 billion in UK financing as developers flag revenue risks

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Stakeholders gather at a British Office Taipei forum to explore financing pathways for Taiwan’s next offshore wind phase. (Photo: British Office Taipei)

Taiwan’s offshore wind sector is entering a new phase of growth, backed by strong deployment momentum and rising international confidence. Now one of the most established offshore wind markets in Asia-Pacific outside China, Taiwan has attracted billions of dollars in investment and built a robust project pipeline.

The United Kingdom, a long-standing partner in Taiwan’s offshore wind development, has played a central role in supporting this progress through technical expertise and financing tools. “Taiwan is now UK Export Finance’s largest global renewable energy portfolio, which is a clear vote of confidence in Taiwan’s market and industrial capability,” said Martin Kent, UK Trade Commissioner for Asia-Pacific, speaking at the forum “Taiwan Offshore Wind Financing: Key Challenges and Policy Solutions,” hosted by the British Office Taipei on March 18.

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