Public Banks Support Green Electricity, Q1 Green Energy Loan Balance Continues to Grow
Taiwan's public banks saw their green energy loan balances continue to increase in Q1, driven by large-scale offshore wind power projects. This reflects their strong support for the government's green energy policy.
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- 📰 Published: May 2, 2026 at 16:52
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Central News Agency
(Central News Agency reporter Lu Yen-tzu, Taipei 2nd) Encouraged by the Ministry of Finance, public banks in Taiwan have continued to increase their outstanding loans to the green energy industry in the first quarter of this year compared to the same period last year. This is particularly true for offshore wind power, where large-scale projects such as Formosa 2 continue to advance, driving a significant increase in loan balances.
In response to policy and market demand, public financial institutions have expanded their support for green energy credit, assisting clients with project financing and syndicated loan arrangements. Besides focusing on large-scale offshore wind and solar-related syndicated loans and project financing cases, they are also looking towards geothermal power generation and mid-to-downstream suppliers in the green energy industry chain.
Mega International Commercial Bank (Mega Bank) explained that its green energy loan balance increased by over 20% in the first quarter of this year. Cases were mainly focused on offshore wind power and solar photovoltaics, each accounting for over 30%. Particularly in offshore wind power, with the continuous advancement of large-scale projects, the loan balance significantly increased compared to the same period last year. The bank will continue to focus on renewable energy projects with stable cash flows and well-allocated risk mechanisms, and prudently evaluate participation.
Hua Nan Commercial Bank (Hua Nan Bank) stated that its green loan balance in the first quarter of this year was approximately NT$37.6 billion, an annual increase of about NT$6 billion. Solar photovoltaics and offshore wind power accounted for the majority, with offshore wind power increasing by 167.5% compared to the same period last year. In the future, the bank will cooperate with green energy industry policies, pay attention to the capital needs of related industries, such as offshore wind farm developers and related supply chain operators, and actively assess the maturity of geothermal power generation technology to seize project financing business opportunities.
First Commercial Bank (First Bank) explained that its green energy loan balance in the first quarter of this year was nearly NT$27 billion, an annual increase of about 31%. Offshore wind power industry accounted for the majority, about 53%; solar power industry accounted for about 41%, and renewable energy generation industry accounted for about 6%. Overall, the increase in the credit balance was mainly driven by participation in the NT$58.9 billion syndicated loan for the Formosa 2 offshore wind farm.
First Bank emphasized that developing green energy is a top priority in Taiwan's energy transition policy. It will respond to government policies and actively evaluate cases including large-scale offshore wind and solar-related syndicated loans and project financing. Adhering to the principle of "prudent evaluation and selection of optimal projects," it will assess financing cases from reputable, large-scale developers with rich development experience.
Chang Hwa Bank (Chang Hwa Bank) stated that over the past year, it has actively participated in large-scale offshore wind project financing and played important roles in several benchmark cases. For example, in the early part of last year, it served as the "National Guarantee Quota Management Bank" for the Formosa 3-1 offshore wind project (Feng Miao Offshore Wind Project), and also participated in the Greater Changhua Southwest Offshore Wind Farm and Formosa 2 projects.
According to Chang Hwa Bank's statistics, its offshore wind loan balance exceeded NT$13 billion in the first quarter of this year, doubling from the same period last year. In terms of solar power, the loan balance was approximately NT$2.6 billion, similar to the same period last year. In the future, it will selectively participate based on factors such as the shareholder background of offshore wind farm projects and financing interest rate conditions, continuing to act as a fund provider and investor for the national energy transition.
Land Bank of Taiwan (Land Bank) explained that in the first quarter of this year, it still primarily focused on solar photovoltaics and offshore wind power projects, and also covered related industries in the renewable energy supply chain. The overall structure and market trends did not differ significantly. Green electricity and renewable energy industry loans increased by approximately NT$40 billion compared to the end of last year, and by about NT$16.5 billion compared to the same period last year. Considering project progress and disbursement timing, the proportions of various types still fluctuate, making direct comparison with the same period last year difficult.
Land Bank stated that it will prudently evaluate market cases and risk conditions, continue to pay attention to opportunities in large-scale projects such as offshore wind power and solar photovoltaics, but not make specific types the sole focus. It will also evaluate the supply chain and other renewable energy fields, with the overall strategy adhering to the principle of steady promotion.
Taiwan Business Bank (Taiwan Business Bank) explained that it provides preferential interest rate financing services to enterprises engaged in green electricity and renewable energy industries, or those with capital needs for net-zero transformation, energy-saving and carbon reduction technology research and development, and equipment investment. It also strives to undertake sustainability-linked loans, offering corresponding interest rate incentives based on enterprises' environmental, social, and corporate governance (ESG) indicators or carbon reduction performance.
Taiwan Business Bank stated that its offshore wind loan balance in the first quarter of this year increased by approximately 182% compared to the same period last year. With the expansion of offshore wind farm construction, it will continue to assist power supply companies in obtaining financing and participate in related syndicated loan cases based on industry development.
Land Bank of Taiwan (Land Bank, mentioned again due to repetition in original text) explained that its green energy loan growth rate was approximately 10% in the past year. In the future, it will create a sustainable green energy financial ecosystem, further promote business development, and create measurable sustainable benefits.
Land Bank mentioned that in addition to large-scale development projects, it also focuses on mid-to-downstream suppliers in the green energy industry chain, and continues to support ESG sustainability-linked loans, major government public infrastructure projects, and industries with core technologies. While maintaining asset quality and strict risk control, it lists the green energy industry as a key lending area and will adjust its lending strategy in a timely manner according to the overall industry climate.
Bank of Taiwan (Bank of Taiwan) explained that it will cooperate with the Financial Supervisory Commission's "Green and Transition Finance Action Plan," and continue to leverage its professional financing planning capabilities to support enterprises in accelerating technological upgrades and net-zero transformation, leading industrial innovation, and co-creating the sustainable value of environment and economy. (Editor: Yang Lan-hsuan) 1150502
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(Central News Agency reporter Lu Yen-tzu, Taipei 2nd) Encouraged by the Ministry of Finance, public banks in Taiwan have continued to increase their outstanding loans to the green energy industry in the first quarter of this year compared to the same period last year. This is particularly true for offshore wind power, where large-scale projects such as Formosa 2 continue to advance, driving a significant increase in loan balances.
In response to policy and market demand, public financial institutions have expanded their support for green energy credit, assisting clients with project financing and syndicated loan arrangements. Besides focusing on large-scale offshore wind and solar-related syndicated loans and project financing cases, they are also looking towards geothermal power generation and mid-to-downstream suppliers in the green energy industry chain.
Mega International Commercial Bank (Mega Bank) explained that its green energy loan balance increased by over 20% in the first quarter of this year. Cases were mainly focused on offshore wind power and solar photovoltaics, each accounting for over 30%. Particularly in offshore wind power, with the continuous advancement of large-scale projects, the loan balance significantly increased compared to the same period last year. The bank will continue to focus on renewable energy projects with stable cash flows and well-allocated risk mechanisms, and prudently evaluate participation.
Hua Nan Commercial Bank (Hua Nan Bank) stated that its green loan balance in the first quarter of this year was approximately NT$37.6 billion, an annual increase of about NT$6 billion. Solar photovoltaics and offshore wind power accounted for the majority, with offshore wind power increasing by 167.5% compared to the same period last year. In the future, the bank will cooperate with green energy industry policies, pay attention to the capital needs of related industries, such as offshore wind farm developers and related supply chain operators, and actively assess the maturity of geothermal power generation technology to seize project financing business opportunities.
First Commercial Bank (First Bank) explained that its green energy loan balance in the first quarter of this year was nearly NT$27 billion, an annual increase of about 31%. Offshore wind power industry accounted for the majority, about 53%; solar power industry accounted for about 41%, and renewable energy generation industry accounted for about 6%. Overall, the increase in the credit balance was mainly driven by participation in the NT$58.9 billion syndicated loan for the Formosa 2 offshore wind farm.
First Bank emphasized that developing green energy is a top priority in Taiwan's energy transition policy. It will respond to government policies and actively evaluate cases including large-scale offshore wind and solar-related syndicated loans and project financing. Adhering to the principle of "prudent evaluation and selection of optimal projects," it will assess financing cases from reputable, large-scale developers with rich development experience.
Chang Hwa Bank (Chang Hwa Bank) stated that over the past year, it has actively participated in large-scale offshore wind project financing and played important roles in several benchmark cases. For example, in the early part of last year, it served as the "National Guarantee Quota Management Bank" for the Formosa 3-1 offshore wind project (Feng Miao Offshore Wind Project), and also participated in the Greater Changhua Southwest Offshore Wind Farm and Formosa 2 projects.
According to Chang Hwa Bank's statistics, its offshore wind loan balance exceeded NT$13 billion in the first quarter of this year, doubling from the same period last year. In terms of solar power, the loan balance was approximately NT$2.6 billion, similar to the same period last year. In the future, it will selectively participate based on factors such as the shareholder background of offshore wind farm projects and financing interest rate conditions, continuing to act as a fund provider and investor for the national energy transition.
Land Bank of Taiwan (Land Bank) explained that in the first quarter of this year, it still primarily focused on solar photovoltaics and offshore wind power projects, and also covered related industries in the renewable energy supply chain. The overall structure and market trends did not differ significantly. Green electricity and renewable energy industry loans increased by approximately NT$40 billion compared to the end of last year, and by about NT$16.5 billion compared to the same period last year. Considering project progress and disbursement timing, the proportions of various types still fluctuate, making direct comparison with the same period last year difficult.
Land Bank stated that it will prudently evaluate market cases and risk conditions, continue to pay attention to opportunities in large-scale projects such as offshore wind power and solar photovoltaics, but not make specific types the sole focus. It will also evaluate the supply chain and other renewable energy fields, with the overall strategy adhering to the principle of steady promotion.
Taiwan Business Bank (Taiwan Business Bank) explained that it provides preferential interest rate financing services to enterprises engaged in green electricity and renewable energy industries, or those with capital needs for net-zero transformation, energy-saving and carbon reduction technology research and development, and equipment investment. It also strives to undertake sustainability-linked loans, offering corresponding interest rate incentives based on enterprises' environmental, social, and corporate governance (ESG) indicators or carbon reduction performance.
Taiwan Business Bank stated that its offshore wind loan balance in the first quarter of this year increased by approximately 182% compared to the same period last year. With the expansion of offshore wind farm construction, it will continue to assist power supply companies in obtaining financing and participate in related syndicated loan cases based on industry development.
Land Bank of Taiwan (Land Bank, mentioned again due to repetition in original text) explained that its green energy loan growth rate was approximately 10% in the past year. In the future, it will create a sustainable green energy financial ecosystem, further promote business development, and create measurable sustainable benefits.
Land Bank mentioned that in addition to large-scale development projects, it also focuses on mid-to-downstream suppliers in the green energy industry chain, and continues to support ESG sustainability-linked loans, major government public infrastructure projects, and industries with core technologies. While maintaining asset quality and strict risk control, it lists the green energy industry as a key lending area and will adjust its lending strategy in a timely manner according to the overall industry climate.
Bank of Taiwan (Bank of Taiwan) explained that it will cooperate with the Financial Supervisory Commission's "Green and Transition Finance Action Plan," and continue to leverage its professional financing planning capabilities to support enterprises in accelerating technological upgrades and net-zero transformation, leading industrial innovation, and co-creating the sustainable value of environment and economy. (Editor: Yang Lan-hsuan) 1150502
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