About Swedish Renewable Energy Alliance in Taiwan

SWEDEN LEADS INNOVATION AND SUSTAINABLE ENERGY DEVELOLPMENT

Sweden has established a set of goals to achieve sustainability and green transition. Sweden is the pioneer of sustainability in Europe with the highest share of energy use generated by renewable sources, and it sets the clear direction to advance to 100% of Renewable Energy by 2040 and reach net zero target by 2045.

In Sweden, the carbon tax has paved the long way; however, it has never deteriorated the economic development in Sweden. Rather, it clearly shows the possibility to grow with responsibility. Sweden was one of the world’s first countries to implement the carbon tax in 1991 and today has the highest carbon tax in the world (USD 137 per ton) which has contributed to reduce Sweden's carbon emissions by 29%; while GDP has grown by 84%.

WORLD-LEADING PARTNERS FOR TAIWANESE RENEWABLE ENERGY DEVELOPMENT

Swedish companies are global leaders across the whole renewable energy value chain with expertise in sustainability, innovation and reliability. Despite high global rankings both in percentage of total renewables and growth of renewable energy sources, Sweden has set ambitious goals for renewable energy use and output. These targets are fueling growth across the entire sector and strengthening all market players including developers, engineers, financing and material solutions. Many Swedish companies see Taiwan and the wider Asia region as the next step in international expansion.

THE SWEDISH RENEWABLE ENERGY ALLIANCE IN TAIWAN

OUR MISSION

The Swedish Renewable Energy Alliance aims to increase collaboration between the Swedish and Taiwanese renewable energy sectors. With a primary focus to facilitate Swedish and Taiwanese trade and investment within the offshore wind and renewable energy sector, the Alliance provides a platform for sustainable energy collaboration. Our members include the provider of sustainable productivity solutions Atlas Copco, developer of technology for floating wind projects Hexicon and Flow ocean, , provider of communication and connectivity Ericsson, global vacuum technology leader Leybold, leader for cable and pipe sealing solutions Roxtec, solution provider for rotating equipment performance SKF, supplier of polymer-based critical sealing solutions Trelleborg, supplier of power solutions to marine and industrial applications Volvo Penta, and leading marine energy technology developer Minesto.

SWEDISH FINANCING SOLUTION FOR INTERNATIONAL BUYERS

As a long-term partner with extensive experience in international financing and offering long credit periods, SEK finances Swedish exporters and buyers of Swedish products and services. SEK compliments the client companies’ existing borrowing sources and serves as an alternative for Swedish exporters who require access to multiple alternative sources of financing. For international buyers who collaborate with Swedish companies, SEK can help with financing 100 percent of the total lend. All proceeds from loans provided to international buyers are used to buy Swedish goods and services.

Contact

Coka Liu

Coka Liu

Project Manager

coka.liu@business-sweden.se

FW

Frida Wengelin

Associate

frida.wengelin@business-sweden.se