FoundOcean has secured a contract to supply the grout for the foundations at a 100-turbine offshore wind farm off the coast of Taiwan.
The Scottish company received financial support from UK Export Finance (UKEF), Westminster’s export credit agency, to help secure the job.
The news was announced at FoundOcean’s headquarters in Livingston in central Scotland by the UK’s International Trade Minister, Graham Stuart. The job is expected to create 30 new jobs in Livingston.
FoundOcean will provide the foundation grouting to enable wind turbines to be secured to the seabed to form the wind farm. The project is expected to be able to produce over 1GW of power.
UKEF has provided £500 million of financing for three offshore wind projects in Taiwan since late 2019, funding which they say helps to unlock the export potential of the UK offshore wind sector.
UK Minister for Exports Graham Stuart said: “The UK has one of the world’s best export credit agencies in UKEF, which will help Scottish exporters like FoundOcean as we level up every part of the UK and build back greener from the pandemic.
“UKEF is helping us to accelerate the transition to clean energy, which will bring prosperity and a wide range of sustainable jobs to Scotland.”
Chief executive of FoundOcean Jim Bell added: “Our business has been running for over fifty years and in the last few, we’ve managed the transition to mainly renewable energy.
“Thanks to UKEF’s support, we have been able to fulfil a major contract, grow our business and create vital jobs for people across the country.
“We’re so proud to play a part in powering Taiwan’s own green energy drive.”