52 results
A list of search results
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Authorities, Business & Finance, Technology, Wind Farm Update
Danish wind turbine manufacturer Vestas has signed a Memorandum of Understanding (MoU) with Ulsan City, Ulsan Port Authority, and Sejin Heavy Industries & Construction to cooperate on Ulsan’s plan to develop a 9 GW floating offshore wind complex by 2030. According to the MoU, Ulsan City, Sejin Heavy Industries & Construction, and Ulsan Port Authority […]
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Authorities, Business & Finance, Contracts & Tenders, R&D, Technology
German energy company RWE and the Ulsan Metropolitan City will cooperate on the development of floating offshore wind projects off the South Korean coast with an envisaged capacity of up to 1.5 GW. A corresponding Memorandum of Understanding was signed recently between RWE and Ulsan City, in support of South Korea’s Net Zero 2050 ambition. […]
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BayWa r.e. has signed a Memorandum of Understanding (MOU) with Ulsan City, South Korea, for the development of floating offshore wind projects off the coast of Ulsan. According to BayWa r.e., floating wind enjoys high levels of public support in Ulsan City, in part due to the city’s major Song Cheol-ho promoting the industry and […]
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Korea Floating Wind (KF Wind), a joint venture between Ocean Winds and Aker Offshore Wind, has secured an Electric Business License (EBL) from South Korea’s Ministry of Trade, Industry and Energy of the Republic of Korea for further 450 MW of floating wind capacity in the country. This is the second EBL KF Wind obtained […]
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Korea Floating Wind (KF Wind), a joint venture between Ocean Winds and Aker Offshore Wind, has obtained its first Electric Business License (EBL) from the Ministry of Trade, Industry and Energy of the Republic of Korea for a capacity of 870 MW for its floating wind project in Ulsan. The EBL is a mandatory requirement […]
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Authorities, Business & Finance, Contracts & Tenders, Wind Farm Update
MunmuBaram, a joint venture between Shell and CoensHexicon, has secured an Electricity Business License (EBL) for its floating offshore wind project off the coast of Ulsan, South Korea. The EBL from South Korea’s Ministry of Trade, Industry, and Energy grants MunmuBaram exclusive development rights to progress 420 MW of wind energy, a third of the […]
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EOLOS has secured a multi-buoy supply contract with Korean-based company Pacifico Energy for the simultaneous deployment of two FLS200 floating LiDAR devices in South Korea. Pacifico Energy, which recently closed an agreement with SSE Renewable for a joint ownership company SSE Pacifico to pursue development of offshore wind projects in Japan, has signed a one-year […]
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Business & Finance, Wind Farm Update
Equinor and its partner Korea East-West Power (EWP) have signed a Memorandum of Understanding (MoU) to cooperate on 3 GW of offshore wind projects in South Korea. Equinor said it would use its new floating wind technology, Wind Semi, for its projects in South Korea as it had been developed specifically for Korean waters and […]
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Business & Finance, Contracts & Tenders
Shell Gas & Power Developments B.V. has signed a memorandum of understanding (MoU) with power generation company Korea Southern Power Co., Ltd (KOSPO) to drive Shell’s floating offshore wind and renewable energy ambition in South Korea. Under the MoU, the two energy companies will explore collaboration opportunities to contribute to Korea’s energy transition. This could […]
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Business & Finance, Contracts & Tenders
Bureau Veritas Marine & Offshore and Korean Register (KR) have signed a Memorandum of Understanding (MoU) focused on floating offshore wind development in Korea’s East Sea. The two companies aim to share technologies, information, and experiences in the field of floating offshore wind farms in the East Sea of the Republic of Korea. According to […]
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Shell and CoensHexicon have secured further two Electricity Business Licenses (EBLs) from South Korea’s Ministry of Trade, Industry, and Energy for their floating wind project off the coast of Ulsan. The joint venture obtained the first EBL for the MunmuBaram project in November 2021, when 420 MW of its capacity was approved, marking the first […]
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Equinor has awarded Havfram a contract for a transport and installation study on the 800 MW Firefly floating offshore wind project in South Korea. The scope of the study includes transport and installation activities offshore as well as the supply and procurement of the inter-array cables and the mooring systems. Havfram has already started working […]
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POSCO Energy and Copenhagen Infrastructure Partners (CIP) have signed a Memorandum of Understanding (MoU) to cooperate on offshore wind and green hydrogen business development. Under the MoU, the two companies will work together on the development of offshore wind projects, cooperate on supply chain development for offshore wind, and on developing a green hydrogen business. To achieve […]
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Contracts & Tenders, Technology, Wind Farm Update
Equinor South Korea Co Ltd has selected the engineering and technology company, Technip Energies, to carry out a Front-End Engineering Design (FEED) for the 800 MW Firefly floating wind project offshore South Korea. The FEED contract covers the engineering of the floating wind turbine substructures for the Firefly floating offshore wind farm. The design of […]
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Bureau Veritas has delivered an Approval in Principle (AiP) to South Korea’s Hyundai Heavy Industries (HHI) for its design and development of the Hi-Float floating offshore wind turbine foundation. Hi-Float is designed to support a 10 MW wind turbine with proven semi-submersible and mooring technology, Bureau Veritas said. A passive ballast system is said to […]
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Aker Offshore Wind AS (AOW) has announced an all-stock merger plan with Aker Horizons ASA that will reposition the company as a privately held subsidiary of Aker Horizons. The transaction will be carried out as a triangular merger between AOW, Aker Horizons’ subsidiary AH Tretten AS as the surviving entity, and Aker Horizons as the […]
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Authorities, Business & Finance, Wind Farm Update
Two provinces of South Korea have decided to grant CoensHexicon, a joint venture between Hexicon and Korean company Coens, permission to measure wind conditions in a total of four offshore areas. The permission also entails a priority right to develop offshore wind farms within the areas, according to Hexicon. The first site includes three locations […]
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Equinor Korea has signed a co-development Letter of Agreement for the Firefly floating wind project off South Korea with the Offshore Wind Countermeasures Committee, the Ulsan-based fishermen organization. With this agreement, Equinor and the Ulsan Offshore Wind Countermeasures Committee formed a consultative body to promote the project at the earliest, and to make efforts to […]
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Technology, Wind Farm Update
Shell Overseas Investment B.V. and CoensHexicon Co., LTD have established a joint venture to develop and operate a 1.4 GW floating wind project off the south-east coast of South Korea. Shell controls an 80 per cent stake in the MunmuBaram joint venture, and CoensHexicon, a joint venture between Hexicon and Korean company COENS Co, controls […]
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Authorities, Wind Farm Update
Macquarie’s Green Investment Group (GIG) and TotalEnergies have obtained an electric business license (EBL) for their floating offshore wind project located off the coast of Ulsan, Korea. According to the developers, this is the first floating offshore wind project in Korea to be awarded an EBL by the Ministry of Trade, Industry and Energy’s Electricity […]
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Green Investment Group (GIG) has selected Offshore Design Engineering (ODE) as an Owner’s Engineer and Package Manager for its offshore wind farms in South Korea. For GIG, ODE will manage a range of packages including foundations, cables, electrical interface, and onshore engineering, and will support GIG through the concept, FEED and detailed design engineering phases […]
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Hyundai Heavy Industries (HHI) has developed a semi-submersible floating foundation for 10 MW-class wind turbines together with the Korean Register of Shipping (KR) and Korea Research Institute of Ships & Ocean Engineering (KRISO). On 26 July, HHI signed a Memorandum of Understanding (MOU) with the two organisations for technical cooperation on floating platform design, project […]
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South Korea’s Samsung Heavy Industries (SHI) has unveiled a 9.5 MW large-scale floating wind platform on 19 July, saying the company is eyeing both domestic and international markets for its new technology. Among the first projects SHI targets for its Tri-Star Float platform, for which the company has now received DNV’s Approval in Principle (AiP), […]
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Norway’s Equinor has signed a Memorandum of Understanding (MoU) with South Korea’s Ulsan City to cooperate on the development of floating wind projects in South Korea. Under the MoU, Equinor and Ulsan City will jointly explore the opportunities for the development of floating wind projects in South Korea. According to Ulsan City, Equinor, the operator […]
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Business & Finance, Contracts & Tenders, Wind Farm Update
After partnering to develop offshore wind projects in the US and South Korea, Ocean Winds and Aker Offshore Wind have now formed a new partnership to apply for the development of floating wind farms in Scotland’s upcoming seabed leasing round. The two companies will jointly submit the bid to Crown Estate Scotland by 16 July. […]
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Business & Finance, Jobs & Recruitment, Technology
Energy major Total and Macquarie’s Green Investment Group (GIG) have signed a series of agreements to co-develop an initial 2.3 GW portfolio of floating offshore wind projects in Korea. The portfolio consists of five projects, three in Ulsan totaling 1.5 GW and two in South Jeolla Province totaling 800 MW. Subject to the completion of […]
