Tag Archives: South Korea

Orsted sees market potential in Korean offshore wind power

Denmark’s state-run energy company Orsted sees high potential in the Korean offshore wind power market, intending to build long-term, sustainable relationships with the Korean government and companies. “Korea has a high potential in the offshore wind power market, given that the nation is a peninsular, possesses numerous sites with superb wind and the government’s strong … Continue reading Orsted sees market potential in Korean offshore wind power

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Equinor, KNOC and Korea East-West Power have agreed to develop a 200 MW floating offshore wind farm

Equinor, Korea National Oil Corporation (KNOC) and Korea East-West Power have agreed to develop to 200MW floating offshore wind farm 58 km off the coast of the city of Ulsan. The consortium recently held a signing ceremony in Ulsan, which is situated in the south-eastern region of South Korea for the Donghae 1 project. The … Continue reading Equinor, KNOC and Korea East-West Power have agreed to develop a 200 MW floating offshore wind farm

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Equinor lines up floating offshore wind energy in South Korea

Equinor on Thursday said it has submitted a bid to build an offshore wind farm off New York using fixed-base wind turbines. Equinor and South Korea’s state-owned National Oil Corporation (KNOC) will explore opportunities to develop commercial floating offshore wind power plants in South Korea. South Korea aims to reduce its dependence on nuclear and … Continue reading Equinor lines up floating offshore wind energy in South Korea

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South Korea to add 12GW of wind enegy by 2030

Korea will add 12 gigawatt of new wind power capacity by 2030 and combine the renewable energy with the shipbuilding and ocean-based industries, the Energy Ministry said on June 26. The goal is part of the government’s plan to increase the proportion of renewable energy from the current 7 percent to 20 percent by 2030. … Continue reading South Korea to add 12GW of wind enegy by 2030

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Hydro Group helps connect the world’s first carbon-free island

Aberdeen-headquartered subsea cable and connector specialist Hydro Group plc has been awarded a contract with Korea Research of Ships & Ocean Engineering (KRISO), worth in the region of £750,000. The scope of work saw Hydro Group deliver subsea cable and connectors to the first phase of KRISO’s floating wind and wave hybrid energy platform, in … Continue reading Hydro Group helps connect the world’s first carbon-free island

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Did you know the 2018 Pyeongchang Olympics are powered by wind energy?

Last night my husband and I sat down to watch the women’s snowboarding halfpipe final in the Winter Olympics. In case you missed it, Californian Chloe Kim lived up to expectations and clinched the gold medal for the U.S. Of course, working in the wind industry, I was nearly as excited by her win as … Continue reading Did you know the 2018 Pyeongchang Olympics are powered by wind energy?

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WWEA and KWEIA to partner on Korean wind energy market

World Wind Energy Association (WWEA) and Korean Wind Energy Industry Association (KWEIA) have agreed to work on joint research to boost onshore and offshore wind market in South Korea. For this purpose, several leading markets will be analyzed in order to identify which policies are good for the promotion of wind power and for the … Continue reading WWEA and KWEIA to partner on Korean wind energy market

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Vestas wins first V126-3.45 MW order in South Korea

The firm and unconditional order comprises six V126-3.45 MW turbines and is Serveone Co, Ltd.’s first wind power plant. Located on Jaeun Island in South Korea’s Jeonnam province, the project will also be the first project in South Korea featuring V126-3.45 MW turbines. The order highlights how Vestas’ global reach and flexible manufacturing setup ensure … Continue reading Vestas wins first V126-3.45 MW order in South Korea

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Offshore wind farm in South Korea

Moventas and Doosan Heavy Industries & Construction have agreed on the Exceed deliveries to an offshore windfarm in South Korea. Doosan is an existing customer for Moventas Exceed high torque density 3MW gearboxes. Exceed series is a gearbox platform that provides a competitive edge for a wind turbine manufacturer by lowering the LCoE of wind … Continue reading Offshore wind farm in South Korea

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South Korea’s largest offshore wind power plant complex with a maximum capacity of 99.2 MW will be established

The Saemangeum Development and Investment Agency (SDIA) announced on January 5 that it would sign a memorandum of agreement (MOA) with special purpose company (SPC) called Saemangeum Offshore Wind Ltd. at the Best Western Hotel in Saemangeum on the 6th for the offshore wind power project, along with North Jeolla Province, Gunsan City, Korea Rural … Continue reading South Korea’s largest offshore wind power plant complex with a maximum capacity of 99.2 MW will be established

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Wind power in South Korea: Vestas receives 24 MW order

Vestas has received also a firm and unconditional order totaling 200 MW in the United States. Customer and project name have not been disclosed at the customer’s request. The order was placed by GS Yeongyang Windpower Co. Ltd. and includes seven V112-3.45 MW turbines for the Yeong Yang Stage 2 Wind Farm project. Located in … Continue reading Wind power in South Korea: Vestas receives 24 MW order

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Siemens receives order for onshore wind energy project in South Korea

Siemens Wind Power has received an order to supply 17 direct drive wind turbines for the Uljin onshore wind power plant in Gyeongsangbuk province on the east coast of South Korea. The customer is SK D&D Co., Ltd., a Korean developer of real estate and renewable energy projects. The scope of supply includes the delivery … Continue reading Siemens receives order for onshore wind energy project in South Korea

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South Korea targets $37 bln in renewable energy investment by 2020

South Korea plans 42 trillion won ($36.65 billion) in investment in renewable energy and related infrastructure by 2020 as part of efforts to meet its pledge at last year’s Paris climate summit to cut greenhouse emissions. Of the total, 30 trillion won will be spent by state utilities on solar and wind power generation with … Continue reading South Korea targets $37 bln in renewable energy investment by 2020

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Wind energy in South Korea: Vestas wins 76 MW project

Vestas has received a firm and unconditional order for 22 V112-3.45 MW turbines from Hanwha E&C, one of the largest development and construction firms in Korea. The project will be Hanwha E&C’s first wind park and Vestas’ third announced order in South Korea this year.   The order for the YEP project, located in Young … Continue reading Wind energy in South Korea: Vestas wins 76 MW project

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Wind power in South Korea. Vestas wins 20 MW wind farm

Vestas has received a firm and unconditional order from GS Power, part of the South Korean conglomerate GS Group, for six V112-3.3 MW turbines for the Yaksoo wind park. The wind park is the first wind energy project for GS Power and will be located in South Korea’s southwestern Jeonnam Province. GS Power is a … Continue reading Wind power in South Korea. Vestas wins 20 MW wind farm

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Wind power in South Korea: Vestas wind turbines for a wind farm

Vestas receives firm and unconditional order for 13 V100-2.0 MW turbines for a wind power plant in South Korea’s northeastern Gangwon Province. These will be Vestas’ first V100 wind turbines in the country.    The order was placed by one of the largest South Korean conglomerates which has been active in the wind power industry … Continue reading Wind power in South Korea: Vestas wind turbines for a wind farm

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BYD to sell electric vehicles in South Korea within 2015

BYD is planning to sell its electric vehicles to the South Korea market before the end of 2015, according to a senior company executive.   BYD, a rising Chinese electric vehicle manufacturer, has brought its popular BYD e6 electric taxi and SUV to an international electric vehicle (EV) expo which opened here Friday in the … Continue reading BYD to sell electric vehicles in South Korea within 2015

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Wind energy in South Korea: Jeju Energy to Construct 230MW Wind Power Complexes

By 2020, Jeju Energy Corporation (JEC) is expanding its currently-operating wind power generating facilities on Jeju Island. The JEC is planning to construct offshore wind power generation complexes to produce 100MW in optimal conditions and achieve a carbon-free Jeju Island. A total of 725 billion won (US$672.54 million) will be invested in the project, 175 … Continue reading Wind energy in South Korea: Jeju Energy to Construct 230MW Wind Power Complexes

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Alstom secures a second wind power contract in South Korea

Alstom has been awarded a contract by DaeMyoung Energy Corporation, subsidiary company of DaeMyoung GEC, a large engineering and construction services company in South Korea to provide wind turbines for Gowon wind farm. The wind farm is located in Gangwon province approximately 170km east of Seoul. Alstom will supply and supervise the installation and commissioning … Continue reading Alstom secures a second wind power contract in South Korea

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Hanwha SolarOne to Build 230 MW Solar Energy Factory in South Korea

Hanwha SolarOne, a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules, will build a new solar photovoltaic (PV) module factory in Eumseong, Chungbuk, South Korea. Hanwha SolarOne will invest $12 million to build the facility, which is scheduled to begin production in the second quarter of 2015 with an annual manufacturing capacity of 230 … Continue reading Hanwha SolarOne to Build 230 MW Solar Energy Factory in South Korea

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