Question

To ask the Secretary of State for Business, Innovation and Skills, what support his Department provides to UK-based renewable energy companies seeking to invest in developing country markets; how many companies in that sector have received such support; and what steps he is taking to increase such support (a) in general and (b) through export guarantees.

UK Trade and Investment (UKTI) supports UK companies who want to grow their business overseas. We provide tailored support packages for companies from first time exporters to medium sized businesses, whilst also providing digital and online support to all businesses. We continue to proactively support UK renewable companies and recognise the huge potential in developing country markets. Support from UK Export Finance (principally in the form of insurance to exporters, guarantees to banks and loans to overseas buyers) is also available for UK exporters in all sectors including the renewable energy sector.