UKEF

The export credit agency has committed to making all of its £50 billion capacity carbon-neutral by 2050 on a net basis

Wood plc will receive the loan to increase clean growth exports, green jobs and take advantage of the energy transition

The export credit agency’s direct lending facility has been more than doubled to £8 billion by Chancellor Rishi Sunak

The subsidy-free plants will together generate enough electricity to power more than a quarter of a million homes every year

The project supports Taiwan’s target of generating 20% of its electricity from renewable energy sources by 2025

International Trade Secretary Liam Fox also announced an agreement between UK Export Finance and AECOM to promote the nation’s expertise in climate resilience

Siemens has won a contract to upgrade one of the four 320MW turbines

GE Grid Solutions will also develop 14 substations under an agreement with Iraq’s Ministry of Electricity

The Agency is estimated to have provided £551m per year in support of fossil fuel production overseas between 2014 and 2016

Qualifying activities for funding include energy efficiency, renewable energy, green transport and waste management projects