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  • Offshore wind: Banks hesitant to support developments

    Business

    Banks are proving hesitant to finance offshore wind projects due to concerns surrounding the use of Chinese equipment, according to a new report. Security concerns, a lack of precedent and doubts that China-based equipment manufacturers can provide sufficient guarantees around performance have led would-be financiers to sit on their hands before plugging in cash, energy [...]

    Banks are reluctant to finance offshore wind projects according to a new report

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