806 results found for 'south korea'

806 results found for 'south korea'
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  • Deep Wind Offshore Secures Permit for Up to 1.5 GW South Korean Project

    21 January 2025
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Deep Wind Offshore Korea has secured a Public Waters Occupancy and Use Permit for its Admiral Lee offshore wind project in South Korea. “This achievement marks an essential step forward in our mission to advance renewable energy development in South Korea. The permit allows us to complete offshore lidar measurements, a critical component in assessing […]

  • Ocean Winds Secures License for 1,125 MW South Korean Offshore Wind Farm

    7 March 2025
    Authorities, Fixed-Bottom, Planning & Permitting

    Ocean Winds, a joint venture between ENGIE and EDP Renewables, has secured an electric business license (EBL) for the 1,125 MW Hanbando fixed-bottom offshore wind project in South Korea. The license has been granted by the Electricity Regulatory Commission under the Ministry of Trade, Industry, and Energy (MOTIE). The EBL grants the offshore wind project […]

  • Deep Wind Offshore, Dongyang Sign MoU on Offshore Wind in South Korea

    16 April 2025
    Business & Finance, Fixed-Bottom

    Deep Wind Offshore (DWO) and South Korean marine services company Dongyang have signed a Memorandum of Understanding (MOU) under which the two companies will collaborate to support the offshore wind industry in South Korea. “This MOU represents a key step in building a strong regional collaboration framework to support offshore wind development along Korea’s southern […]

  • OEG Renewables, COENS Partner for South Korean Offshore Wind Projects

    22 January 2025
    Business & Finance

    OEG Renewables and COENS have signed a memorandum of understanding (MoU) to collaborate on offering pre-construction, construction, installation, and operations and maintenance (O&M) services to offshore wind projects in South Korea. The partnership between OEG and South Korea’s COENS combines OEG’s knowledge in delivering offshore energy solutions and COENS’ local capabilities and resources to target […]

  • Siemens Gamesa to Make 14 MW Offshore Wind Turbine Nacelles in South Korea

    12 March 2025
    Business & Finance, Equipment, Infrastructure, Supply Chain, Wind Turbines

    Doosan Enerbility will build a factory for the production of Siemens Gamesa’s 14 MW offshore wind turbines in South Korea. On 11 March, Doosan Enerbility signed an Early Works Agreement with Siemens Gamesa that will see the company design and build a production factory in Changwon, South Korea. Siemens Gamesa will promote technology transfer and […]

  • CIP Plans New 1 GW Offshore Wind Farm in Korea, Selects LS Marine Solution as Preferred Cable Installation Supplier

    12 June 2025
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Project Updates, Supply Chain, Wind Farm Update

    Copenhagen Offshore Partners (COP) and LS Marine Solution have signed a preferred supplier agreement (PSA) for the 1 GW Haesong offshore wind farm in South Korea, which COP is developing on behalf of Copenhagen Infrastructure Partners (CIP). Under the agreement, LS Marine Solution is the preferred supplier for subsea cable installation work, encompassing a broader […]

  • South Korea Unveils Plans for Massive 3.2 GW Offshore Wind Project

    7 May 2025
    Authorities, Business development, Planning & Permitting, Research & Development

    On 22 April, South Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced that a massive 3.2 GW offshore wind cluster will be developed in Sinan-gun, South Jeolla Province. The South Korean ministry designated the proposed cluster as an integrated complex after a meeting of the New and Renewable Energy Expert Committee. The offshore wind […]

  • Deep Wind Offshore Brings Local Partner Onboard South Korean Projects

    25 March 2025
    Business & Finance, Collaboration, Outlook & Strategy

    Norway’s Deep Wind Offshore has signed a partnership agreement with Korea Hydro and Nuclear Power (KHNP) to jointly develop the Admiral Lee and Abalone offshore wind projects in South Korea. The signing ceremony took place in Oslo, accompanied by the Ambassador of the Republic of Korea to Norway, Seo Min-Jeong, and Jo Sletbak from the […]

  • Largest Privately Led Offshore Wind Farm in South Korea Enters Commercial Operation

    21 May 2025
    Fixed-Bottom, Project Updates, Wind Farm Update

    The 96 MW Jeonnam 1 offshore wind project, owned by a joint venture between Copenhagen Infrastructure Partners (CIP) and SK Innovation E&S, has officially commenced commercial operation in South Korea. Copenhagen Offshore Partners, exclusive offshore wind development partner to CIP, has co-led project development activities for Jeonnam 1 on behalf of the project’s owners. Jeonnam […]

  • LS Cable & System Preferred Supplier for 1 GW South Korean Offshore Wind Farm

    3 July 2025
    Business & Finance, Cables, Grid Connection

    LS Cable & System has been named the preferred supplier of subsea cables for the 1 GW Haesong offshore wind farm in South Korea. LS Marine Solution, a subsidiary of LS Cable & System, was also selected as the preferred bidder for installation works. Together, the two companies will deliver a fully integrated solution, from […]

  • Vena Energy Plans USD 200 Million Investment in 384 MW Offshore Wind Project in South Korea

    25 March 2025
    Business & Finance, Fixed-Bottom

    Vena Energy has decided to invest in a 384 MW offshore wind project located in South Korea’s South Gyeongsang Province. The investment includes USD 200 million (approximately EUR 184 million) for the Yokji offshore wind farm, which is being developed 10 kilometres to the west of Yokji island and 10 kilometres east of the Namhae […]

  • Tidal Transit Signs South Korean Offshore Wind MoU

    27 January 2025
    Business & Finance, Vessels

    UK-headquartered Tidal Transit has signed a memorandum of understanding (MoU) with Singapore’s Britoil Offshore Services and Sky Offshore to develop, fund, build, and operate offshore support vessels for the South Korean offshore wind industry. South Korea has set a nationwide goal of reaching 14.3 GW of offshore wind capacity by 2030. “South Korea is fast […]

  • Esvagt, KMC Line Form South Korean Offshore Wind Joint Venture

    12 May 2025
    Business & Finance, Industry

    On 12 May, Denmark’s offshore shipping company Esvagt and KMC Line signed a joint venture agreement focused on the South Korean offshore wind market. Through a joint venture partnership with the Korean shipping company, Esvagt will deploy its knowledge in the growing South Korean offshore wind market, where current plans include as much as 18.3 […]

  • Corio Inks Offshore Wind Cooperation Agreement with South Korean Fisheries

    23 January 2025
    Business & Finance, Business development, Collaboration, Fixed-Bottom, Outlook & Strategy, Research & Development

    Corio Generation has signed a cooperation agreement with South Korea’s National Federation of Fisheries Cooperatives (Suhyup) and the Western Busan Fisheries Committee (WBFC) for the 96 MW Dadaepo offshore wind project, currently under development in Busan, South Korea. With this agreement, a mutual cooperation plan will be developed to ensure transparency and fairness with local […]

  • CIP and Vena Energy’s South Korean Offshore Wind Farm Secures Offtake Contract

    24 January 2025
    Authorities, Business & Finance, Fixed-Bottom, Planning & Permitting

    Taean Wind Power, a joint offshore wind project between Copenhagen Infrastructure Partners (CIP) and Vena Energy, has secured a fixed-price offtake contract in South Korea, with commercial operations expected to begin by late 2029. The 500 MW offshore wind project has been awarded an offtake contract in the 2024 wind power fixed-price contract auction arranged […]

  • Equinor Selects Ekwil’s Semi-Submersible Floating Foundation for South Korean Project

    19 June 2025
    Contracts & Tenders, Floating Wind, Foundations, Supply Chain

    Equinor has selected Ekwil’s INOC semi-submersible floating foundation technology for its 750 MW Firefly/Bandibuli floating offshore wind project in South Korea. The project builds on early design work initiated in 2022 through the Front-End Engineering Design (FEED) delivered by Technip Energies and Inocean. Engineered to support Siemens Gamesa’s 15 MW turbines, the INOC semi-submersible floating […]

  • South Korea to Tender 1.25 GW Fixed-Bottom Offshore Wind in First Half of 2025

    27 May 2025
    Authorities, Planning & Permitting

    South Korea’s Energy Agency has announced a competitive bidding for offshore wind projects with a capacity of 1.25 GW and 1 GW solar projects in the first half of 2025. The offshore wind tender for the first half of this year will focus on fixed-bottom projects. Out of the total 1.25 GW capacity, 500 MW […]

  • Floating LiDAR Deployed at South Korea’s Admiral Lee Wind Farm Site

    18 June 2025
    Business development, Project Updates, Research & Development, Wind Farm Update

    A Floating Light Detection and Ranging (FLiDAR) system has been installed at the Admiral Lee offshore wind farm site in South Korea. The FLiDAR system, which is a critical component for the project’s wind resource and environmental data collection, was installed by Seatech on 12 June 2025. Positioned off the coast of Yeosu, the system […]

  • Deep Wind Offshore and BP’s South Korean Wind Project Moves Forward

    12 March 2025
    Authorities, Fixed-Bottom, Planning & Permitting

    Deep Wind Offshore Korea has secured a Public Waters Occupancy and Use Permit (PWOP) for the up to 1.5 GW Abalone offshore wind farm. According to Deep Wind Offshore, the approval marks a crucial step forward, allowing the developer to advance with further offshore investigations and accelerate project development, which is planned to be located […]

  • LS Marine Solution Inks Contract for Taipower Offshore Wind Project Phase II

    29 April 2025
    Business & Finance, Cables, Contracts & Tenders, Grid Connection, Supply Chain

    South Korea-based LS Marine Solution has signed a contract, worth approximately USD 15.8 million (about EUR 13.8 million), to lay submarine cables for the Taipower Offshore Wind Project Phase II (TPC Changhua Phase II) in Taiwan. According to the company, the contract marks LS Marine Solution’s first win in overseas power grid projects and the […]

  • Deep Wind Receives First Electricity Business Licence for Offshore Wind Project in South Korea

    3 July 2025
    Fixed-Bottom, Project Updates, Wind Farm Update

    Deep Wind Offshore has secured an Electricity Business Licence (EBL) from Korea’s Electricity Regulatory Commission for 345 MW from its 1.5 GW Admiral Lee offshore wind project. According to the developer, this is planned to be the first of several EBLs and marks the entry of the large-scale project into its next development phase. Deep […]

  • LS Marine Solution Invests EUR 221 Million in New High-Spec Cable Laying Vessel

    2 June 2025
    Business & Finance, Business development, Cables, Grid Connection, Vessels

    South Korean subsea cable installation company LS Marine Solution is investing KRW 345.8 billion (approximately EUR 221 million) in a cable laying vessel (CLV) with a load capacity of 13,000 tonnes. The company said on 27 May that the decision to invest in the new CLV comes as LS Marine Solution aims to expand its […]

  • SK Oceanplant Starts Manufacturing Foundations for CIP’s Fengmiao 1 Offshore Wind Farm

    23 April 2025
    Fixed-Bottom, Foundations, Manufacturing, Project Updates, Supply Chain, Wind Farm Update

    SK oceanplant has started the production of jacket foundations that will be installed on the 495 MW Fengmiao 1 offshore wind farm in Taiwan. SK oceanplant announced today (23 April) that it held a ceremony for the offshore wind project at its yard in Goseong County, South Gyeongsang Province, South Korea. The jacket foundations will […]

  • Fabrication Starts on Germany’s First 2 GW Offshore Grid Connection System

    3 March 2025
    Grid Connection, Offshore Platforms

    The first steel has been cut for BalWin4, Germany’s first 2 GW offshore grid connection, at Sangsangin Ship Machinery’s factory in South Korea. The fabrication of the foundation for the topside that will later bring renewable energy from the North Sea to Germany has started. According to Daniel Birkenstock, project director at TenneT, this is […]

  • Hexicon Signs Second Credit Facility Extension to Support Company During Planned Divestments

    3 January 2025
    Business & Finance, Floating Wind

    Swedish floating wind developer Hexicon has extended a credit facility the company secured earlier to provide support during a period of planned divestments until 30 June 2025. For financing, which amounts to SEK 75 million (approximately EUR 6.6 million), Hexicon signed an agreement with Wallstreet Aktiebolag, part of the Wallenius Group, and a group of […]

  • Strategic Marine Hands Over CTV Duo to Louis Dreyfus Armateurs

    2 June 2025
    Vessels

    Strategic Marine has delivered two new StratCat 27 crew transfer vessels (CTVs) to Louis Dreyfus Armateurs, expanding their high-specification offshore wind support fleet. Built at Strategic Marine’s shipyard in Singapore, the 27-metre aluminium catamarans are based on the StratCat 27 design and tailored to meet the demanding operational needs of offshore renewables.  The newly delivered […]