Trade Horizons’ Market Entry Blog

Copenhagen Infrastructure Partners (CIP), a global leader in renewable energy investments, has recently secured two offshore wind feasibility licenses in Australia, marking a significant milestone in the country's renewable energy landscape. These projects, covering nearly 1,300 km² of seabed, have the potential to deliver up to 4.4 GW of capacity, enough to power approximately 2.4 million homes. To spearhead these initiatives, CIP has launched a new platform company, Southerly Ten, dedicated to the development and delivery of offshore wind projects in Australia. This move underscores CIP's commitment to establishing a robust offshore wind industry in the region, contributing to Australia's green energy transition while creating economic and job opportunities.

Lightsource BP, a leading solar energy developer, has announced the commencement of commercial operations for its first solar project in Poland. The 40MW solar farm, located in the village of Kotuń, marks a significant milestone in the company's efforts to expand its renewable energy footprint in Europe. The Kotuń solar project is part of a long-term power purchase agreement (PPA) with Microsoft, signed in September 2023. This agreement supports Microsoft's ambitious goal of achieving 100% renewable energy supply by 2025. The solar farm, spanning 76,000 square meters, is expected to generate enough electricity to power approximately 30,000 homes, significantly contributing to the decarbonization of Poland's energy grid.

The United Kingdom has seen a significant increase in its Foreign Direct Investment (FDI) projects, even as Europe's overall FDI project total has declined. UK's FDI Growth In 2023, the UK was home to 985 FDI projects, marking a 6% increase from the previous year. This growth has been driven by a resurgence in digital investment, securing over a quarter (27%) of all European tech projects last year. The UK's share of Europe’s inward investment market grew to 17.3%, up from 15.6% in 2022.

In a groundbreaking move that marks a significant milestone in the global semiconductor industry, Singapore-based tech giant, Silicon Box, has announced plans to establish an advanced packaging foundry in Novara, Piedmont, Italy. This ambitious project, backed by an investment of €3.2 billion, underscores Silicon Box's commitment to driving innovation and expanding its global footprint. This article delves into the implications of this development, exploring how it stands to reshape the tech landscape and bolster Italy's position in the high-tech manufacturing sector.

In the ever-changing landscape of global politics, the impact of governmental shifts on international trade cannot be overstated. This article aims to explore what a Labour government could mean for the United Kingdom's international trade dynamics. The Labour Party, with its rich history and distinct political stance, has often championed policies that significantly influence the UK's trade relations. As we delve into this topic, we will examine the party's historical approach to international trade, their current policy stance, and potential future directions under their governance.