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Think tanks ink MOU for wind power risks

Radio Taiwan International
Date: 2018-02-02

Six government-affiliated think tanks have signed a memorandum of understanding with Copenhagen Infrastructure Partners (CIP) on setting up a third-party certification mechanism. The move is particularly aimed at the financing of offshore wind power projects.

Having visited some 30-odd banks over the past few months, the CIP said the local banking industry has trouble on risk analysis since it has no experience in financing offshore wind farms. But the MOU will give local banks the confidence in funding wind farm projects and ease their concerns over uncertainties.    [FULL  STORY]

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