Tag Archives: South Korea

Siemens Gamesa & Doosan Enerbility sign strategic offshore wind MoU

World’s leading and Korea’s leading offshore wind power OEMs to investigate potential collaboration in Korean offshore wind power market Memorandum of Understanding covers investigations on several Korea-focused fronts including construction of new Korean production facilities Non-binding agreement envisioned as paving the way towards expanding Korean offshore wind industry Press Contact You need further information or … Continue reading Siemens Gamesa & Doosan Enerbility sign strategic offshore wind MoU

Continue reading

Doosan Heavy wins offshore wind power contract in South Korea

Doosan Heavy Industries & Construction de Corea del Sur firmó un acuerdo a largo plazo con Korea Midland Power (KOMIPO) para proporcionar servicios de operación y mantenimiento (O&M) para el parque eólico marino Jeju Hallim de 100 MW. El parque eólico marino Jeju Hallim se construye en las aguas cercanas al puerto de Hallim, ubicado … Continue reading Doosan Heavy wins offshore wind power contract in South Korea

Continue reading

Doosan Unveils 8MW Offshore Wind Turbine in South Korea

Doosan Heavy Industries & Construction has unveiled South Korea’s largest offshore wind turbine, a 232.5 meters tall giant with a capacity of 8MW. Doosan said Thursday it had completed the implementation of the 8MW offshore wind turbine prototype at the Korea Wind Power Demonstration Center, which is located in Baeksu, Yeonggwang of South Jeolla Province.  … Continue reading Doosan Unveils 8MW Offshore Wind Turbine in South Korea

Continue reading

Ocean Winds and Aker Offshore Wind Reach Key Electric Business License Milestone for Floating Offshore Wind Project in South Korea

Korea Floating Wind (“KF Wind”), a joint venture between Ocean Winds (66,7%) and Aker Offshore Wind (33,3%), has obtained its first Electric Business License (EBL) from the Ministry of Trade, Industry and Energy of the Republic of Korea for a capacity of 870MW, a key step toward realizing what will be part of the largest … Continue reading Ocean Winds and Aker Offshore Wind Reach Key Electric Business License Milestone for Floating Offshore Wind Project in South Korea

Continue reading

EDP Renewables and LS ELECTRIC reach an agreement to develop renewable energy projects in South Korea

This alliance highlights the aspiration of both companies to advance towards the energy transition. EDP Renewables (Euronext: EDPR), the world’s fourth largest renewable energy producer, and LS ELECTRIC, a world recognized leader of smart energy, have reached an agreement to jointly promote renewable energy projects in South Korea and overseas. The Memorandum of Understanding (MoU) … Continue reading EDP Renewables and LS ELECTRIC reach an agreement to develop renewable energy projects in South Korea

Continue reading

Stepping up Korean offshore wind power plans

Equinor has signed a Memorandum of Understanding (MoU) with Korean East-West Power (EWP) to cooperate on 3 GW of offshore wind projects in South Korea. Together the partners will contribute significantly to the country’s ongoing energy transition and development of an offshore wind industry in Korea. The Korean Government has set out an ambition to … Continue reading Stepping up Korean offshore wind power plans

Continue reading

Korea needs to invest more to meet wind power target

South Korea is in need of more aggressive investment in renewable energy sector in order to achieve its offshore wind capacity goal by 2030 and address the country’s geographical weaknesses in wind energy, a report showed Sunday. Korea was ranked 21st in terms of attractiveness of renewable energy investment and deployment opportunities, in a report … Continue reading Korea needs to invest more to meet wind power target

Continue reading

Doosan Heavy completes South Jeolla wind farm

Doosan Heavy Industries & Construction held a completion ceremony for a wind farm in Jangheung, South Jeolla on Wednesday. The ceremony at the 18 megawatts Jangheung wind farm was attended by Jin Jong-wook, the wind power business unit director of Doosan Heavy. Korea Western Power ordered the six 3 megawatt wind turbines and Doosan Heavy … Continue reading Doosan Heavy completes South Jeolla wind farm

Continue reading

Shell considering the development of a floating offshore wind farm in South Korea

A joint venture has been officially established centered on the development of a large floating offshore wind farm off the coast of South Korea. The major oil and gas shells hold an 80% stake in a JV called MunmuBaram, with the remaining 20% ??held by Coens Hexicon. The latter is itself a joint venture between … Continue reading Shell considering the development of a floating offshore wind farm in South Korea

Continue reading

Iberdrola has signed a cooperation agreement with GS Energy to develop projects in Korea and other Asian regions

The companies signed a Memorandum of Understanding (MoU), in the framework of the Spain-Korea Business Summit, which was attended by the Korean Minister of Trade, Industry and Energy and the Spanish Minister of Industry, Trade and Tourism. The agreement entails creating a platform to speed up the search for and development of renewable installations, including … Continue reading Iberdrola has signed a cooperation agreement with GS Energy to develop projects in Korea and other Asian regions

Continue reading

Ørsted and POSCO sign MoU to strengthen collaboration on offshore wind energy and renewable hydrogen in Korea

Ørsted, the world’s most sustainable energy company, and POSCO Group, one of the largest conglomerates in Korea, today announced the signing of a Memorandum of Understanding (MoU) to expand their relationship. POSCO and its affiliates will apply the group’s joint capabilities to support the development of Ørsted’s 1.6 GW offshore wind projects off the coast … Continue reading Ørsted and POSCO sign MoU to strengthen collaboration on offshore wind energy and renewable hydrogen in Korea

Continue reading

South Korea’s first floating wind farm project passes preliminary feasibility study

A pioneering project to generate electricity from South Korea’s first floating wind farm in 2026 has finally passed a preliminary feasibility study conducted by a national think tank, almost three years after a state company moved first by installing equipment to measure wind energy at a useless offshore gas platform. Korea National Oil Corp. (KNOC), … Continue reading South Korea’s first floating wind farm project passes preliminary feasibility study

Continue reading

World’s biggest wind farm may be answer to South Korea’s net-zero dream

The fishing grounds where Jung Kuenbae and his forbears have caught shrimp, butterfish and croakers for three generations are going to be turned into the world’s largest offshore wind farm. He’s okay with that. “I initially opposed the idea when the plan was proposed because it will destroy our livelihood,” said Jung, who leads a … Continue reading World’s biggest wind farm may be answer to South Korea’s net-zero dream

Continue reading

South Korea plans 8.2GW wind power plant, ‘the world’s largest’

South Korean President Moon Jae-in has announced plans to build the world’s largest wind farm with an unprecedented 8,200 MW capacity using powerful wind turbines. Moon attended a signing ceremony in the southwestern coastal city of Sinan, where the project is expected to be based. According to Reuters, he unveiled the 48.5 trillion won (36.05 … Continue reading South Korea plans 8.2GW wind power plant, ‘the world’s largest’

Continue reading

South Korea to build world’s largest floating wind farm off Ulsan

Korea Hydro & Nuclear Power (KHNP) has signed a memorandum of understanding (MOU) with OW Offshore, a Spanish offshore wind power company, and Kumyang, a Korea renewable energy company to develop a giant floating offshore wind power generation complex off the coast of Ulsan, which the parties involved claim will be the biggest in the … Continue reading South Korea to build world’s largest floating wind farm off Ulsan

Continue reading

Ørsted aims to develop offshore wind energy projects in South Korea

Ørsted today announced its intention to develop South Korean offshore wind power projects with a potential capacity of up to 1.6GW off the coast of Incheon City. The announcement was made at an event joined by National Assembly members, South Korea’s Energy Agency, and key industry leaders with offshore wind track records in South Korea’s … Continue reading Ørsted aims to develop offshore wind energy projects in South Korea

Continue reading

South Korean Firms Turn to Offshore Wind Power

An increasing number of South Korean companies are looking into the feasibility of generating offshore wind power as a new source of income. SK E&S Co., a leading South Korean gas provider which recently contracted a 200 megawatts (MW) offshore solar power generation project in the waters near the Saemangeum seawall, is reviewing the idea … Continue reading South Korean Firms Turn to Offshore Wind Power

Continue reading

Total and Macquarie to build 2 GW floating offshore wind energy

Total and Macquarie’s Green Investment Group have partnered to develop five floating offshore wind turbine projects in South Korea with a capacity of up to 2GW. As part of the 50/50 partnership, the two companies agreed to develop floating offshore wind power projects off the east and south coasts near the country’s Ulsan and South … Continue reading Total and Macquarie to build 2 GW floating offshore wind energy

Continue reading

South Korea looks to Denmark as wind power partner

Being seen and being active are what Rep. Yangyi Won-young of the Democratic Party, newly elected this year, has been doing for the past 25 years as an environmental activist. “Three months ago this time, I received a phone call. The situation on the ground didn’t look good. A civic movement we had helped build … Continue reading South Korea looks to Denmark as wind power partner

Continue reading

South Korea to increase wind energy generation to 12 gigawatts by 2030

Doosan Heavy Industries & Construction plans to see its offshore wind power business generate around 1 trillion won ($831 million) in annual revenue by 2025. CEO Park Gee-won said his company would contribute to creating South Korea’s ecosystem for offshore wind turbines as a leading company in the field and pledged to be actively get … Continue reading South Korea to increase wind energy generation to 12 gigawatts by 2030

Continue reading