Wind Minds Consolidates Power in Korea

Wind Minds has signed a memorandum of understanding (MoU) with Korea’s submarine solutions firm Haechun to cooperate on offshore wind projects with a focus on Asia and Europe.

It has been agreed that Wind Minds will partner with Haechun to investigate cooperation opportunities in the field of offshore wind farm development, installation, and operation and maintenance.

Wind Minds’ co-founder and country manager Korea Hans Rijntalder said: “Korea is one of our core markets and I’m delighted that we signed the MoU today. The Dutch embassy in Korea provided excellent assistance to make this happen and witnessed the signing ceremony.”

He continued: “Haechun brings valuable first-hand experience in offshore wind turbine and submarine cable installation in the East China Sea, an area earmarked for substantial renewable energy growth for South Korea. We will bring our extensive international experience in developing offshore wind farms and a strong ambition to continue to grow our presence in the Asian market. Together we will explore the market opportunities in offshore wind in Asia and Europe.”

Chairman Mr. Kim from HeaChun Corporation added: “HaeChun is eager to cooperate with Wind Minds in offshore wind as the two companies are very complementary. We expect to move quickly based on the market targets we have defined.”

In July, Wind Minds signed an MoU with Korean company Doarm Engineering to develop two offshore wind projects with a capacity of around 100 MW each.

Image: Wind Minds