717 results found for 'south korea'

717 results found for 'south korea'
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  • Fugro Settles in South Korea

    16 February 2024
    Business & Finance, Business development, Collaboration, Outlook & Strategy

    Fugro has opened a new office in South Korea as part of a joint venture with South Korean marine technology company UST21 in support of the local offshore wind sector. The new office called Fugro UST21 and located in Incheon will provide geo-data solutions for South Korea’s offshore renewable energy sector, which the Dutch company […]

  • Cyan Bolsters South Korea Offshore Wind Ties

    29 May 2024
    Business & Finance, Collaboration, Outlook & Strategy, Supply Chain

    Cyan Renewables, a portfolio company of Seraya Partners, has signed a Memorandum of Understanding (MoU) with DRS KWP to support the offshore wind industry in South Korea. South Korea’s DRS KWP, a subsidiary established by the Dae-Ryuk Shipping (DRS) Group, is currently serving as a provider of crew transfer vessels (CTVs) and offshore tugboat services. […]

  • RWE Wins Key Permit for 495 MW South Korean Offshore Wind Project

    4 April 2024
    Authorities, Business development, Fixed-Bottom, Planning & Permitting, Research & Development

    RWE has been awarded a 495 MW Electricity Business License (EBL) by the Ministry of Trade, Industry & Energy of South Korea to develop the Seohae offshore wind project, off the coast of Taean County. The license grants RWE its first exclusive development rights for offshore wind in South Korea since the company opened an […]

  • Ramboll to Design Foundations for 532 MW South Korean Offshore Wind Project

    1 July 2024
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Foundations, Supply Chain

    Anma Offshore Wind Energy has selected Denmark-headquartered Ramboll for detailed foundation design and certification support for the 532 MW offshore wind farm in South Korea. Ramboll has secured the contract for WTG Foundation Detailed Design of the wind farm’s 38 14 MW units, which will be supported on three-legged jackets with pre-installed pin piles. In […]

  • K2 Management Wins Work on 420 MW South Korean Offshore Wind Farm

    31 January 2024
    Business development, Contracts & Tenders, Fixed-Bottom, Research & Development, Supply Chain

    Denmark-headquartered K2 Management (K2M) has been selected by Pacifico Energy Korea as the Owner’s Engineer for the first phase of a 3.2 GW offshore wind project in South Korea. The MyeongRyang Offshore Wind Project is the initial phase of a larger 3.2 GW offshore wind complex off the coast of Jindo-gun, Jeollanam-do in South Korea, […]

  • Hexicon Acquiring Shell’s Stake in 1.1 GW South Korean Floating Wind Project

    22 February 2024
    Business & Finance, Floating Wind

    Swedish floating wind developer Hexicon and Shell have signed an agreement under which Hexicon will acquire Shell’s 80 per cent stake in the MunmuBaram floating wind project. Once the transaction is closed, Hexicon, which currently holds the remaining 20 per cent stake, will fully own the South Korean project. Under the agreement, Hexicon will pay […]

  • Cyan, Hyundai Asset Team Up to Strengthen Supply Chain of South Korea’s Offshore Wind Sector

    13 May 2024
    Business & Finance, Business development, Collaboration, Outlook & Strategy, Research & Development

    Cyan Renewables has signed a Memorandum of Understanding (MoU) with Seoul-headquartered Hyundai Asset Management to facilitate the strategic investment in South Korea’s offshore wind supply chain. Under the MoU, Cyan Renewables and Hyundai Asset Management seek to build vessel capacity and strengthen the supply chain for South Korea’s growing offshore wind sector. In doing so, […]

  • CIP Inks MoU for Floating Offshore Wind Structures in South Korea

    2 February 2024
    Business & Finance, Contracts & Tenders, Floating Wind, Foundations, Supply Chain

    Denmark-headquartered Copenhagen Infrastructure Partners (CIP) has signed a memorandum of understanding (MoU) with HSG Sungdong for the floating wind structures for its 1.5 GW Haewoori offshore wind project in South Korea. Under the non-binding MoU, the two companies plan to establish a partnership to explore opportunities to optimise the fabrication of floating foundations to reduce […]

  • Esvagt Enters South Korean Offshore Wind Market, Partners with KMC Line

    28 February 2024
    Business development, Research & Development, Vessels

    Denmark’s offshore shipping company ESVAGT is entering the Korean offshore wind market through a strategic partnership with domestic shipping firm, KMC Line. ESVAGT and KMC Line have signed a letter of intent to cooperate in unlocking the potential for renewable energy production in South Korea. “We have no doubt that ESVAGT and KMC Line present […]

  • Vestas and Maersk to Build Offshore Wind Hub in South Korea

    22 April 2024
    Business & Finance, Business development, Collaboration, Infrastructure, Jobs & Recruitment, Outlook & Strategy, Supply Chain, Wind Turbines

    Wind turbine manufacturer Vestas has revealed plans to build a nacelle factory and a logistic base for offshore wind turbines in South Korea in partnership with A.P. Moller – Maersk. The plan, part of a wider agreement, is dependent on the pace of market growth and awarded volume for Vestas, the company said. Other signatories […]

  • Equinor Contracts DNV to Verify Substation FEED Work for South Korean Floating Wind Farm

    16 April 2024
    Floating Wind, Grid Connection, Offshore Platforms, Project Updates, Wind Farm Update

    Equinor has selected DNV to provide verification services for FEED (Front-End Engineering and Design) of the substation for the 750 MW Firefly/Bandibuli floating wind farm in South Korea. Announcing the contract for the South Korean project, DNV said that designing and installing floating substations present distinct challenges, including the need for high-voltage dynamic cables and […]

  • CS Wind Vietnam Rolls Out First Towers for South Korean Offshore Wind Farm

    15 April 2024
    Manufacturing, Project Updates, Supply Chain, Wind Farm Update, Wind Turbines

    CS Wind’s yard in Ba Ria Vung Tau, Vietnam, has produced the first wind turbine tower for an offshore wind farm that Copenhagen Infrastructure Partners (CIP) and SK E&S are building in South Korea. According to a social media post by Stuart Livesey, CEO of Copenhagen Offshore Partners (COP) Vietnam, CS Wind is manufacturing towers […]

  • Yooshin, Pondera Performing Consultancy Work for Korean 600 MW Offshore Wind Project

    27 February 2024
    Business & Finance, Fixed-Bottom, Project Updates

    Wando Geumil Offshore Wind, the company developing the 600 MW Wando Geumil offshore wind farm in South Korea, whose majority shareholder is KOEN (Korea South-East Power Company), has awarded a contract for operations & maintenance (O&M) strategy consultancy services to Yooshin Engineering Corporation. Yooshin has subcontracted Pondera Consult to support the work that aims to […]

  • Offshore Wind Farms Could Spark EUR 65 Billion Economic Boom in South Korea – Report

    17 May 2024
    Industry, Jobs & Recruitment, Market Outlooks, Outlook & Strategy

    The construction of offshore wind farms could introduce over 770,000 job opportunities and contribute 87 trillion won (approximately EUR 65 billion) worth of investments into the economy, according to two reports from the Global Wind Energy Council (GWEC). GWEC’s new reports reveal that offshore wind development supports local economic growth, especially in strategic coastal cities […]

  • EEW Ready to Dispatch First Pin Piles for Hai Long Offshore Wind Farm

    2 February 2024
    Fixed-Bottom, Foundations, Manufacturing, Project Updates, Supply Chain, Wind Farm Update

    EEW Korea Heavy Pipe Construction (EEW KHPC) has loaded out the first twelve pin piles for the jacket foundations that will be installed at the Hai Long offshore wind farm in Taiwan. The first batch of pin piles, whose load-out took place at the quayside in the port of Gwangyang on 31 January, will soon […]

  • CIP Orders Jacket Foundations for Taiwanese Offshore Wind Project in South Korea

    4 June 2024
    Contracts & Tenders, Fixed-Bottom, Foundations, Manufacturing, Supply Chain

    Copenhagen Infrastructure Partners (CIP) has placed an order worth KRW 390 billion (approximately EUR 260 million) with South Korean company SK oceanplant for jacket foundations that will be installed on the 500 Fengmiao 1 offshore wind project in Taiwan. CIP was awarded capacity for Fengmiao 1 in the first round of Taiwan’s Round 3 Zonal […]

  • Deep Wind Offshore to Use Spoor’s AI Bird-Tracking Tech in Sweden, South Korea

    22 March 2024
    Business development, Environment, Floating Wind, Innovation, Technology

    After completing the first full-year bird survey in Norway using the AI bird-tracking technology developed by the Norwegian start-up Spoor, Deep Wind Offshore will introduce the technology to the Swedish and South Korean offshore wind markets. Spoor has been tracking birds at the Utsira Nord floating wind area in Norway on behalf of Deep Wind […]

  • Thai Conglomerate Invests in 740 MW Wind Projects Offshore South Korea

    13 March 2024
    Business & Finance, Fixed-Bottom, Industry, Project Updates, Wind Farm Update

    Thailand-based multinational conglomerate B. Grimm Power (BGRIM) has decided to expand its renewable energy business through investments in Nakwol Wind and Hanbit Wind, two offshore wind projects in South Korea that have a combined installed capacity of 740 MW. According to the CEO of BGRIM, Harald Link, B. Grimm Power Korea, a wholly-owned subsidiary of […]

  • Glamox Inks Several Offshore Wind Contracts in Asia

    18 March 2024
    Business & Finance, Contracts & Tenders, Supply Chain

    Norway’s Glamox has secured three separate orders for LED lighting for the turbine foundation transition pieces for offshore wind farms in Taiwan and South Korea. SK Oceanplant awarded Glamox a contract to provide 468 linear Glamox TL60-1200 LED luminaries and 52 Glamox RLX80 floodlights to light 52 transition pieces at the 1,044 MW Hai Long […]

  • Principle Power, HSG Sungdong Join Forces to Produce WindFloat Foundations in South Korea

    20 June 2024
    Business & Finance, Business development, Collaboration, Floating Wind, Outlook & Strategy, Research & Development

    Principle Power and South Korea’s HSG Sungdong have agreed to a non-exclusive Memorandum of Understanding (MoU) to jointly advance engineering efforts for the scalable production and assembly of WindFloat technologies. According to Principle Power, the agreement furthers the development of a sustainable domestic supply chain in South Korea and supports the country’s ambition to achieve […]

  • Siemens Gamesa Charters Marco Polo Marine’s CTVs for Offshore Wind Projects in Taiwan, Korea

    21 March 2024
    Business & Finance, Fixed-Bottom, Vessels

    Marco Polo Marine’s Taiwanese subsidiary company PKR Offshore has signed a framework agreement with Siemens Gamesa for crew transfer vessels (CTVs) that will serve offshore wind projects in Taiwan and South Korea. The agreement will go into effect this year, including a CTV charter in Korea that will start in the fourth quarter of this […]

  • SK Ecoplant, SK Oceanplant to Build and Install Floaters for CIP’s 1.5 GW Project Offshore South Korea

    3 June 2024
    Business & Finance, Contracts & Tenders, Floating Wind, Foundations, Manufacturing, Supply Chain

    South Korean company SK ecoplant and its subsidiary SK oceanplant have entered into an agreement with Copenhagen Infrastructure Partners (CIP) for the production, transportation and installation of floating foundations for CIP’s 1.5 GW floating wind project off the city of Ulsan. Under the agreement, the two supply chain companies will deliver the floaters through a […]

  • Ørsted and South Korean City Bolster Offshore Wind Ties

    22 February 2024
    Business & Finance, Business development, Collaboration, Fixed-Bottom, Industry, Outlook & Strategy, Research & Development

    Ørsted has signed a Memorandum of Understanding (MoU) with Incheon Metropolitan City, South Korea, to cooperate on developing a regional offshore wind sector. The aim of the agreement is to establish a local wind power industry driven by Ørsted’s 1.6 GW offshore wind project off the coast of Incheon, the developer said. Through this collaboration, Incheon […]

  • Onshore Cabling Works Progressing at 99 MW South Korean Offshore Wind Farm

    7 May 2024
    Cables, Fixed-Bottom, Grid Connection, Project Updates, Wind Farm Update

    The landfall of the first submarine cable circuit has been completed by LS Cable & System and LS Marine Solution in the construction of the Jeonnam offshore wind farm in South Korea. Jeonnam Offshore Wind Power was founded in 2020 as a 51-49 joint venture between SK E&S and Copenhagen Infrastructure Partners (CIP). The developers […]

  • BadaEnergy Wraps Up EIA Consultation for 1.5 GW Floating Wind Project in South Korea

    22 July 2024
    Environment, Floating Wind

    BadaEnergy has completed the environmental impact assessment (EIA) consultation with South Korea’s Ministry of Environment, Ministry of Oceans and Fisheries, and Ministry of Trade, Industry and Energy, for its Gray Whale floating offshore wind project in Ulsan. The completion of the EIA consultation is said to be a result of a more than 30-month-long consultation […]

  • CIP’s 1.5 GW Korean Floating Wind Project First in Ulsan to Complete EIA Consultation

    16 July 2024
    Floating Wind, Planning & Permitting, Project Updates, Wind Farm Update

    The 1.5 GW Haewoori floating wind project in South Korea, owned by Copenhagen Infrastructure Partners (CIP) and developed by Copenhagen Offshore Partners (COP), has completed the environmental impact assessment (EIA) consultation with the Ministry of Environment and Ministry of Trade, Industry and Energy, marking the first for an offshore wind project in Ulsan, according to […]