735 results found for 'south korea'

735 results found for 'south korea'
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  • 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. […]

  • EDF Renewables Enters South Korean Offshore Wind Market

    3 September 2024
    Business & Finance, Business development, Research & Development

    EDF Renewables, a subsidiary of EDF, has acquired 100 per cent of Shell Overseas Holdings Ltd.’s shares in West Sea Energy 1, which is exploring the development of a large-scale offshore wind project in South Korea. The France-based company acquired its first offshore wind project in South Korea, located in the southwestern county of Yeonggwang. […]

  • 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 […]

  • South Korean Floating Wind Project Inks Transmission Agreement with KEPCO

    10 October 2024
    Business & Finance, Contracts & Tenders, Floating Wind, Supply Chain

    The 1,125 MW MunmuBaram floating offshore wind farm, being developed by Hexicon and Shell in South Korea, has entered into a Transmission Service Agreement (TSA) with Korea Electric Power Corporation (KEPCO). MunmuBaram is collaborating with two other developers on the grid connection facilities. These facilities are said to enable the efficient transfer of clean energy […]

  • Mammoet Enters Offshore Wind Partnership with South Korean Company

    2 September 2024
    Business & Finance, Collaboration, Outlook & Strategy, Supply Chain

    The Netherlands-based logistics company, Mammoet, and Samyang Marine Group have entered into a partnership to provide heavy lifting and transport solutions for South Korea’s offshore wind sector. The collaboration is set to establish Offshore Service Port (OSP) facilities to serve projects across sectors in South Korea, with a primary focus on upcoming offshore wind projects. […]

  • 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, […]

  • Mingyang to Manufacture Wind Turbines in South Korea

    5 September 2024
    Business & Finance, Business development, Manufacturing, Research & Development, Supply Chain

    China’s Mingyang Smart Energy has signed an agreement with the local company Unison to manufacture wind turbines in South Korea. The two companies entered into a joint venture to provide “top-tier products and services, contributing to carbon neutrality efforts in South Korea and the surrounding region”, said the partners. In May last year, the Chinese […]

  • 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 in South Korea could introduce over 770,000 job opportunities and contribute KRW 87 trillion (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 […]

  • LS Marine to Use Dong Fang Offshore’s SOV on South Korean Offshore Wind Projects

    14 August 2024
    Business & Finance, Cables, Operations & Maintenance, Vessels

    Korean company LS Marine Solution and Taiwan’s Dong Fang Offshore (DFO) have entered into a memorandum of understanding (MOU) which will see LS Marine chartering a service operations vessel (SOV) from DFO and participating in offshore wind project bidding in South Korea. According to LS Marine Solution, this will be the first time an SOV […]

  • Three More Floating Offshore Wind Projects in South Korea Secure Grid Connection

    11 October 2024
    Business & Finance, Floating Wind, Grid Connection, Project Updates, Wind Farm Update

    Three floating offshore wind projects, being developed off the coast of Ulsan, South Korea, have entered into a Transmission Service Agreement (TSA) with Korea Electric Power Corporation (KEPCO). The floating offshore wind projects that signed the TSA are Gray Whale (BadaEnergy), Haewoori (Copenhagen Infrastructure Partners), and Bandibuli (Equinor). This week, the 1,125 MW MunmuBaram and […]

  • MEO Group and Taihan Cable & Solution Sign Offshore Wind MoU

    10 October 2024
    Business & Finance, Collaboration, Outlook & Strategy

    Myclin Express Offshore (MEO Group) and South Korea’s Taihan Cable & Solution have signed a memorandum of understanding (MoU) to collaborate on offshore wind projects. Together, MEO Group and Taihan plan to foster collaboration on offshore wind projects, especially in South Korea, with the deployment of the Group’s vessels and Taihan’s cable-laying vessels (CLVs). Based […]

  • 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 […]

  • Two South Korean Floating Offshore Wind Projects Receive EIA Approval

    28 August 2024
    Authorities, Environment, Floating Wind, Planning & Permitting

    South Korea’s Ministry of Environment and Ministry of Trade, Industry, and Energy have approved the Environmental Impact Assessments (EIAs) for Hexicon’s MunmuBaram project and Korea Floating Wind’s floating offshore wind project being developed off the coast of Ulsan. The EIA process, conducted by the MunmuBaram project team, involved a comprehensive examination of potential environmental impacts […]

  • Samsung Heavy Industries to Build Foundations for Equinor’s Korean Floating Wind Farm

    8 August 2024
    Contracts & Tenders, Floating Wind, Foundations, Project Updates, Supply Chain, Wind Farm Update

    Samsung Heavy Industries (SHI) has signed a preferred supplier agreement (PSA) with Equinor for floating foundations that will be installed at the Firefly/Bandibuli offshore wind farm in South Korea. Korean media reports SHI announced on 7 August the company had signed a PSA with Equinor. According to BusinessKorea, the agreement covers the fabrication of floating substructures […]

  • 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 […]

  • South Korea to Launch Offshore Wind Tender in October, Two More After That Under New Roadmap

    9 August 2024
    Authorities, Contracts & Tenders, Fixed-Bottom, Floating Wind, Planning & Permitting

    South Korea will launch the first in a series of offshore wind tenders this October and (at least) two more until the first half of 2026, according to an Offshore Wind Power Competitive Bidding Roadmap the country’s Ministry of Trade, Industry and Energy (MOTIE) unveiled on 8 August. The tenders from 2025, initially planned to […]

  • 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 […]

  • KF Wind Secures Grid Deal for 1.1 GW Floating Offshore Wind Project

    10 October 2024
    Business & Finance, Floating Wind, Grid Connection, Project Updates, Wind Farm Update

    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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Cadeler Secures Vessel Capacity for 2029 Wind Turbine Installation Campaign

    15 July 2024
    Business & Finance, Contracts & Tenders, Supply Chain, Vessels

    Denmark-headquartered Cadeler has signed a preferred supplier agreement to transport and install wind turbine generators (WTGs). An undisclosed client has signed an agreement with Cadeler to secure vessel capacity for a wind turbine installation campaign scheduled to start in 2029. According to the company, the effectiveness of the agreement is contingent upon the undisclosed client’s […]