Two floating offshore wind projects to be developed in South Korea and totalling 2,250 MW have secured a transmission service agreement (TSA) with Korea Electric Power Corporation (KEPCO). The Swedish renewable company Hexicon AB has signed a TSA with KEPCO for its 1,125 MW MunmuBaram floating offshore wind project, while developers Mainstream Renewable Power and Ocean Winds have … Continue reading KEPCO signs transmission deals for two floating wind power projects off South Korea (2.2 GW)
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KF Wind wins contract from KEPCO for 1,125 MW wind power project
KF Wind, a floating offshore wind project off the coast of Ulsan, South Korea, has secured a transmission service agreement (TSA) with Korea Electric Power Corporation (KEPCO). This agreement enables the delivery of 1,125 MW of clean energy to Korea’s national grid. The TSA covers two phases of the project: the 375 MW East Blue … Continue reading KF Wind wins contract from KEPCO for 1,125 MW wind power project
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KF Wind completes Geotechnical Survey for first phase of 1.1 GW floating offshore wind project in South Korea
KF Wind, a floating offshore wind project being developed off the coast of Ulsan by Ocean Winds and Mainstream Renewable Power, has completed the geotechnical survey for the first phase of its project, East Blue Power, which has 375 MW of installed capacity. The geotechnical survey was carried out for approximately one month by Geo … Continue reading KF Wind completes Geotechnical Survey for first phase of 1.1 GW floating offshore wind project in South Korea
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Mainstream Renewable Power and Ocean Winds project awarded Environmental Impact Assessment for 1.1 GW floating offshore wind farm in South Korea
KF Wind, a 1,125 MW floating offshore wind project being developed off the coast of Ulsan by Ocean Winds and Mainstream Renewable Power has secured the Environmental Impact Assessment (EIA) approval from the Ministry of Environment for the totality of the two-phase project. Award of the EIA is a key milestone for the development of … Continue reading Mainstream Renewable Power and Ocean Winds project awarded Environmental Impact Assessment for 1.1 GW floating offshore wind farm in South Korea
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Vestas wins 90 MW wind power order in South Korea
Vestas has secured a 90 MW order for an undisclosed wind farm in South Korea. The order consists of 21 V136-4.2 MW wind turbines in 4.3 MW. This project will be Vestas’ largest onshore wind project in the country to date. The order includes the supply and installation supervision of the wind turbines, as well … Continue reading Vestas wins 90 MW wind power order in South Korea
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Offshore wind to contribute positively to South Korea’s coastal cities economy with 87 trillion won in investments and 770,000 jobs
In pursuit of South Korea’s ambitious 14.3GW offshore wind installation targets by 2030, the construction of offshore wind farms could introduce over 770,000 job opportunities to revitalise local communities and contribute 87 trillion won worth of investments into the economy. The Global Wind Energy Council’s (GWEC) new reports reveal that offshore wind development supports local … Continue reading Offshore wind to contribute positively to South Korea’s coastal cities economy with 87 trillion won in investments and 770,000 jobs
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DNV to verify substation of Equinor’s Bandibuli/Firely floating wind farm in South Korea
DNV has been selected by Equinor to provide verification services for FEED (Front End Engineering and Design) of the substation of the Bandibuli/Firefly floating wind farm. The wind farm comprises two 75 km2 areas, 70 km offshore Ulsan in South Korea. DNV will leverage its verification services and expertise within offshore substations and floating structures … Continue reading DNV to verify substation of Equinor’s Bandibuli/Firely floating wind farm in South Korea
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RWE awarded Electricity Business Licence for the development of Seohae offshore wind farm
RWE has been awarded a 495-megawatt (MW) Electricity Business Licence (EBL) by the Ministry of Trade, Industry & Energy of Korea to develop the Seohae offshore wind project, located approximately 45 kilometres off the coast of Taean County in South Korea’s Chungcheongnam Province. This licence grants RWE its first exclusive development rights for offshore wind … Continue reading RWE awarded Electricity Business Licence for the development of Seohae offshore wind farm
Continue readingVestas secures an order for 77 MW of wind power in South Korea
Vestas has secured a 77 MW order with GS E&R for the YD1 wind farm in Gyeongsang-do, South Korea. The order includes the supply and installation supervision of 18 V136-4.2 MW wind turbines delivered in 4.3 MW operational mode. “We would like to thank GS E&R for their confidence in our proven solutions and we … Continue reading Vestas secures an order for 77 MW of wind power in South Korea
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Ørsted and Incheon City sign MoU to establish world-class offshore wind power industry in Korea’s Incheon region
Ørsted has signed a memorandum of understanding (MoU) with Incheon Metropolitan City, Korea, to cooperate on developing a world-class offshore wind power industry in the region. The aim of the agreement is to establish a successful local wind power industry driven by Ørsted’s 1.6 GW offshore wind project off the coast of Incheon. Photo from the … Continue reading Ørsted and Incheon City sign MoU to establish world-class offshore wind power industry in Korea’s Incheon region
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Octopus Energy backs offshore wind power
Octopus Energy’s generation arm announces its investment in Deep Wind Offshore, an international offshore wind developer with a pipeline of projects in Norway, Sweden, and South Korea.All three countries have vast wind resources and strong governmental support for offshore wind. The company is aiming to build 10 GW of new offshore wind by 2032, with … Continue reading Octopus Energy backs offshore wind power
Continue readingCopenhagen Infrastructure Partners announces investments of USD 350 million in Korean offshore wind projects
On behalf of Copenhagen Infrastructure Partners (CIP), Managing Partner Jacob Baruël Poulsen on June 21, 2023, signed an Investment Notification Form in the presence of the Republic of Korea’s President Yoon Suk-Yeol committing to investments of USD 350 million into offshore wind projects in Korea. The investments from CIP’s Flagship funds will support the development … Continue reading Copenhagen Infrastructure Partners announces investments of USD 350 million in Korean offshore wind projects
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Vestas selected as preferred wind turbine supplier for a 495 MW floating offshore wind farm in South Korea
Vestas has signed a preferred wind turbine supplier agreement for a 495 MW floating offshore wind project in South Korea. If the project comes to fruition, Vestas will supply and install 33 V236-15.0 MW wind turbines for the wind farm.Vestas is the global partner of the energy industry in sustainable energy solutions. We design, manufacture, … Continue reading Vestas selected as preferred wind turbine supplier for a 495 MW floating offshore wind farm in South Korea
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DNV embarks on a project to support KEPCO to bring offshore wind power to South Korea
DNV will support the development of an optimal design and network routing plan for integrating large-scale offshore wind into the power grid. DNV will also study how to minimize renewables integration costs. DNV, the independent energy expert and assurance provider, is assisting KEPCO (Korea Electric Power Corporation) Research Institute in the development of a long-term … Continue reading DNV embarks on a project to support KEPCO to bring offshore wind power to South Korea
Continue readingVestas selected as preferred supplier for the 600 MW Wando Geumil offshore wind project in South Korea
The offshore wind industry continues to grow in Asia Pacific and to underline Vestas’ key role in the expansion of offshore wind in the region, Vestas is proud to announce the signing of preferred supplier agreement with Korea South-East Power Company (KOEN) for the 600 MW Wando Geumil offshore wind project in Wando-Gun, South Jeolla … Continue reading Vestas selected as preferred supplier for the 600 MW Wando Geumil offshore wind project in South Korea
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bp, Deep Wind Offshore partner to develop offshore wind opportunities in South Korea
bp and Deep Wind Offshore have formed a joint venture to develop offshore wind opportunities in South Korea. As part of their agreement, bp has acquired a 55% stake in Deep Wind Offshore’s early-stage offshore wind portfolio, which includes four projects across the Korean peninsula with a potential generating capacity of up to 6GW. South … Continue reading bp, Deep Wind Offshore partner to develop offshore wind opportunities in South Korea
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Siemens Gamesa and Doosan Enerbility sign historic offshore wind partnership framework agreement for South Korea
Siemens Gamesa, the world-leading provider of wind power solutions, and Doosan Enerbility, formerly Doosan Heavy Industries, a market leading manufacturer of energy solutions, announce the signing of a binding framework agreement for a strategic partnership for the South Korean offshore wind market. Marc Becker, CEO of Siemens Gamesa’s offshore business and Hongook Park, CEO of … Continue reading Siemens Gamesa and Doosan Enerbility sign historic offshore wind partnership framework agreement for South Korea
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GE Renewable Energy signs strategic partnership agreement with Hyundai Electric to support the growth of offshore wind in South Korea
Hyundai Electric to build factory, invest in tooling, and hire and train local team to produce Haliade-X turbines and generators in South Korea.GE to bring its offshore expertise and the Haliade-X technology while remaining prime contractor toward customers, plus supporting operational ramp-up with Hyundai Electric. South Korea plans to bring online 12 GW of offshore … Continue reading GE Renewable Energy signs strategic partnership agreement with Hyundai Electric to support the growth of offshore wind in South Korea
Continue readingVestas selected as preferred supplier for the 1.3 GW MunmuBaram floating offshore wind project in South Korea
Offshore wind energy is rapidly expanding to all parts of the world and advancements within floating foundations enable offshore wind power to serve new markets. In many countries, especially the Asia Pacific region, floating wind is considered a crucial driver to achieve their renewable energy goals, because of regional geographic characteristics and weather conditions, such … Continue reading Vestas selected as preferred supplier for the 1.3 GW MunmuBaram floating offshore wind project in South Korea
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DNV awarded owner’s engineer contract for South Korea’s largest offshore wind farm
DNV has been appointed by Elenergy Co Ltd, a Korean renewable energy development company, as owner’s engineer for its 1.5 GW fixed-bottom Chujin offshore wind project. When completed in 2027, the Chujin plant will be the largest commercial-scale offshore wind farm in the country. As the owner’s engineer, DNV will drive the pre- Front End … Continue reading DNV awarded owner’s engineer contract for South Korea’s largest offshore wind farm
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