Korea Floating Wind (KF Wind), a floating offshore wind project being developed by Ocean Winds and Mainstream Renewable Power, has secured a Transmission Service Agreement (TSA) with Korea Electric Power Corporation (KEPCO).
The agreement covers the first phase of the project, East Blue Power (375 MW), and the second phase, KF Wind (750 MW), with the interconnection point for the project at KEPCO’s Shinonsan onshore station in Ulsan, South Korea.
Grid interconnection will enable the efficient transmission of the renewable energy generated by the KF Wind floating wind project of around 1,125 MW of installed capacity to the mainland.
“This agreement marks a very important milestone in the development of KF Wind and a major step forward towards getting the project ready for construction”, said Austin Park , KF Wind’s project director.
KF Wind is actively making progress in the development of its sites after achieving approval of the Environmental Impact Assessments, from the Ministry of Environment, Trade and Industry.
At the beginning of this month, the geotechnical survey for the first phase of the 1,125 MW floating offshore wind project was completed.
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Upon completion, the Ulsan floating offshore wind farm cluster, which includes KF Wind, and totaling around 6 GW, is expected to become the world’s largest floating offshore wind area, according to Ocean Winds.
Earlier today, Hexicon also announced that its 1,125 MW MunmuBaram floating offshore wind project signed TSA with KEPCO.