'Everyone knew, they didn't': Why Chinese OEMs struggle to get project finance

ANALYSIS | Western lenders still prefer financing Vestas and Siemens Gamesa wind projects, with transparency, quality and political concerns all weighing against the Chinese

Envision is China's most successful turbine maker in international markets but has barely made a dent in Europe, where securing project finance is still a major barrier for Chinese manufacturers.
Envision is China's most successful turbine maker in international markets but has barely made a dent in Europe, where securing project finance is still a major barrier for Chinese manufacturers.Photo: Envision Energy
Published 7 April 2025, 11:29Updated 7 April 2025, 12:11
ChinaEuropeEUAsia-PacificWindEurope 2025