806 results found for 'south korea'

806 results found for 'south korea'
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  • Lautec Bags Inspection Deal for 495 MW Taiwanese Offshore Wind Project

    1 May 2025
    Business & Finance, Contracts & Tenders, Jobs & Recruitment, Supply Chain

    Lautec has been awarded a consultancy framework agreement for inspection services for the 495 MW Fengmiao 1 offshore wind farm in Taiwan. As part of the agreement, Lautec will provide fabrication supervisors, quality inspectors, and HSE inspectors to oversee fabrication and construction quality throughout the manufacturing phase. The company will be responsible for ensuring that […]

  • Balmoral Comtec Enters Agreement for Korea’s 750 MW Floating Wind Project

    17 February 2025
    Cables, Contracts & Tenders, Floating Wind, Grid Connection, Supply Chain

    Balmoral Comtec, part of Balmoral Group, has signed a memorandum of understanding (MoU) with LS Cable & System and LS Marine Solution to collaborate in the floating offshore wind sector and on the 750 MW Bandibuli/Firefly project in South Korea. The agreement with the Scotland-based buoyancy, protection, and insulation services provider follows LS Cable & […]

  • CIP Signs Fengmiao 1 Offshore Installation Contracts with Van Oord, CSBC-DEME JV

    13 January 2025
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Project Updates, Supply Chain, Vessels, Wind Farm Update

    Copenhagen Infrastructure Partners (CIP) has contracted the Dutch offshore construction company Van Oord and the joint venture between Belgian offshore construction specialist DEME and Taiwan’s largest shipbuilder CSBC for installation work at the Fengmiao 1 offshore wind farm in Taiwan. Van Oord’s contract covers the transport, installation and burial of the 33 inter-array cables, with […]

  • 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 […]

  • First Foundation In at Ørsted’s New Offshore Wind Project in Taiwan

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

    The first suction bucket jacket (SBJ) foundation has been installed at the Greater Changhua 2b and 4 offshore wind farm site in Taiwan, where wind turbine installation is also set to begin soon. The foundations are being installed by Heerema Marine Contractors’ heavy lift vessel Aegir, which was also used to install the project’s substation […]

  • Norwegian floating offshore wind companies optimistic about the industry’s future

    25 March 2025
    Collaboration, Floating Wind, Industry, Market Outlooks, Outlook & Strategy, Supply Chain

    It’s no secret that in 2025, a few stubborn obstacles have slowed the anticipated pace of floating offshore wind development. Some are economic, while others are bureaucratic. But the hurdles only serve to motivate Norwegian wind energy companies, which are tackling industry challenges one innovation at a time with full confidence in floating wind’s future. […]

  • LS Cable & System, Jan De Nul, and Denys to Supply Cables for TenneT’s German Grid Connection Project

    2 January 2025
    Business & Finance, Cables, Grid Connection, Offshore Platforms, Onshore Infrastructure

    A consortium comprising LS Cable & System, Jan De Nul, and Denys has received a letter of allocation (LOA) from German/Dutch transmission system operator (TSO) TenneT for the supply of high-voltage direct current (HVDC) cables for the BalWin5 grid connection project in Germany. Under the LOA, the consortium will be responsible for the manufacture, transport, […]

  • Developer Confidence in Floating Offshore Wind Declines, Survey Finds

    22 May 2025
    Business development, Floating Wind, Research & Development

    Developers are losing confidence in floating offshore wind, citing delivery delays, investment risks, and policy uncertainty as key concerns, new research from Westwood Global Energy Group (Westwood) revealed. Westwood polled 166 stakeholders across the global floating offshore wind value chain, including engineers, product developers, government organisations, and the broader supply chain. The results of the […]

  • Davi reinforces leadership in wind energy sector with record sales in 2024

    11 March 2025
    Business & Finance, Business development, Technology, Wind Turbines

    In an affirmation of its industry leadership, Davi has once again set a benchmark in the wind energy sector by selling 30 complete rolling solution lines in 2024. These sales represent real partnerships where Davi provided customized solutions tailored to the specific needs of each client. Global footprint in wind energyDavi’s rolling lines, equipped with […]

  • CS Wind Offshore to Make Job Cuts in Odense

    23 April 2025
    Business & Finance, Jobs & Recruitment

    Denmark-based CS Wind Offshore has announced it is contemplating the layoff of approximately 220 employees at its Odense Port facility due to recent offshore wind project cancellations and market challenges. According to the company, several offshore wind projects are being either postponed or cancelled due to political interventions and unfavourable terms of business cases, which […]

  • Cadeler Takes Delivery of First M-Class Vessel, Signs Contracts for Second Unit

    3 February 2025
    Business & Finance, Contracts & Tenders, Operations & Maintenance, Supply Chain, Vessels

    The first of two M-class wind installation vessels, named Wind Maker, has been delivered to Denmark-headquartered Cadeler. The company has also signed the first contracts for its second M-class vessel, Wind Mover. Cadeler, a provider of offshore wind installation, operations and maintenance services, celebrated the naming of Wind Maker at the Hanwha Ocean shipyard in […]

  • All Turbines Up at First South Korean Commercial-Scale Offshore Wind Farm

    18 December 2024
    Fixed-Bottom, Project Updates, Supply Chain, Wind Farm Update, Wind Turbines

    The final wind turbine has been installed at the Jeonnam 1 offshore wind farm in South Korea, the project’s wind turbine supplier Siemens Gamesa said via social media on 18 December. Jeonnam 1, which has a nominal installed capacity of 96 MW, features Siemens Gamesa SG 10.0-193 DD wind turbines and is expected to provide enough […]

  • South Korea Awards Nearly 1.9 GW of Offshore Wind Capacity

    19 December 2024
    Authorities, Fixed-Bottom, Floating Wind, Planning & Permitting

    South Korea’s Ministry of Trade, Industry, and Energy (MOTIE) has awarded a total of 1,886 MW in capacity across four fixed-bottom offshore wind projects and one floating wind project. The projects that were awarded: the 532 MW Anma Offshore Wind (both phases), the 500 MW Taean (Vena Energy and Copenhagen Infrastructure Partners), the 104 MW […]

  • KOEN Exiting South Korean Project as Proposed Offshore Wind Farm Did Not Pass Gov’t Feasibility Study

    7 January 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Korea South-East Power (KOEN), a subsidiary of Korea Electric Power Corporation (KEPCO), is withdrawing from the Shinan Ui (Sinan Ui) offshore wind project after the proposed wind farm did not pass the government’s feasibility assessment. According to Seoul Economic Daily, in August 2024, the preliminary feasibility study carried out by the Ministry of Strategy and […]

  • LS Cable & System Subsidiaries to Focus on Offshore Wind

    24 March 2025
    Business & Finance, Cables, Vessels

    South Korean subsea cable manufacturer LS Cable & System has decided to expand its offshore wind business with plans to maximise the synergistic effect of cooperating with its subsidiaries to deliver solutions to the offshore wind industry. Starting on 24 March with its subsidiary LS Materials, four LS Cable & System subsidiaries plan to reflect […]

  • Yooshin Wins Onshore Transmission Contract for KF Wind’s Floating Project

    2 May 2025
    Business & Finance, Contracts & Tenders, Floating Wind, Grid Connection, Onshore Infrastructure, Supply Chain

    Korea Floating Wind (KF Wind) has signed a contract with the South Korean company, Yooshin, for the engineering of the onshore power transmission line for its floating offshore wind project. Under the contract, Yooshin will carry out the basic and detail design for the onshore power transmission line. This includes preparing permit documentation and providing […]

  • Hitachi Energy to Supply Power Equipment to Ørsted’s Hornsea 4 Offshore Wind Farm

    23 December 2024
    Business & Finance, Cables, Contracts & Tenders, Equipment, Fixed-Bottom, Grid Connection, Supply Chain

    Hitachi Energy has received an order from Ørsted to provide the power electronics technology to integrate 2.4 GW of electricity from the Hornsea 4 offshore wind farm into the UK grid. The order, which is subject to the final investment decision, will see Hitachi Energy supply a grid-forming solution that employs its grid stabilisation technology, […]

  • Pacifico Energy Korea Partners with Local Governments on 3.2 GW Offshore Wind Project

    20 June 2025
    Business & Finance, Business development, Collaboration, Operations & Maintenance, Outlook & Strategy, Ports & Logistics, Research & Development

    Pacifico Energy Korea has signed an agreement with three local governments to explore practical cooperation measures for administrative support of its 3.2 GW offshore wind cluster project currently under development in Jundo-gun, Jeollanam-do, and to help establish an offshore wind industry ecosystem in the region. The cooperation agreement for the development of the offshore wind […]

  • DNV Grants AiP for Hanwha Ocean’s 15 MW Floater

    13 January 2025
    Floating Wind, Foundations, Supply Chain, Technology

    South Korean company Hanwha Ocean has obtained DNV’s Approval in Principle (AiP) for the concept design of its floating wind foundation, named WindHive 15-H3, developed for wind turbines with a capacity of 15 MW. The AiP for the concept design (pre-FEED) verifies the stability of the technology and compliance with international regulations, according to the […]

  • Ocean Winds, Hyundai Steel to Cooperate on South Korean Offshore Wind Project

    3 December 2024
    Business & Finance, Collaboration, Fixed-Bottom, Outlook & Strategy

    Ocean Winds, a 50/50 joint venture between EDP Renewables and ENGIE, has signed a memorandum of understanding (MoU) with Hyundai Steel to cooperate on the proposed Hanbando offshore wind project in South Korea. Under the MoU, Ocean Winds and Hyundai Steel will explore various ways to develop a suitable domestic supply chain for the Hanbando […]

  • Hexicon Closer to Finalizing Floating Offshore Wind Deal in South Korea

    28 November 2024
    Business & Finance, Floating Wind

    Sweden’s Hexicon has obtained the necessary regulatory clearance to acquire a controlling stake in the 1,125 MW MunmuBaram floating offshore wind farm in South Korea. The South Korean Electricity Regulatory Commission (KOREC) has approved the transfer of two out of three Electricity Business Licenses (EBLs) for the MunmuBaram floating offshore wind project. With this approval, […]

  • Cadeler’s Wind Maker Arrives in Taiwan Ahead of Work at Ørsted’s Greater Changhua 2b & 4 Sites

    19 March 2025
    Vessels

    Cadeler’s recently delivered wind turbine installation vessel, Wind Maker, has arrived in Taichung, Taiwan, from where it will sail out to the Greater Changhua 2b and 4 offshore wind project sites. Wind Maker set sail from Singapore and has arrived in Taichung, marking an important milestone for the Greater Changhua 2b and 4 offshore wind […]

  • New Agreement to Keep LS Cable & System Busy Offshore South Korea

    21 November 2024
    Business & Finance, Cables, Grid Connection

    Vena Energy’s subsidiary, Taean Wind Power, has selected LS Cable & System as the preferred submarine cable supplier for the 504 MW Taenan offshore wind farm in South Korea. Under the agreement, LS Cable will supply high-voltage subsea cables, which are essential for transmitting renewable energy from offshore turbines to the onshore grid. The company’s […]

  • CIP Signs PPA for 500 MW Taiwanese Offshore Wind Project

    29 November 2024
    Business & Finance, Fixed-Bottom

    Copenhagen Infrastructure Partners (CIP), through its Flagship Fund Copenhagen Infrastructure V (CI V), has signed a corporate power purchase agreement (CPPA) with Sino-American Silicon Products and its renewable energy subsidiary, Sustainable Energy Solution (SES) for the Fengmiao 1 offshore wind project in Taiwan. CIP was awarded capacity for Fengmiao 1 in the first round of Taiwan’s […]

  • PTSC Sends Off First Greater Changhua 2b & 4 Jacket Foundations

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

    The first batch of four jacket foundations, manufactured by Petrovietnam Technical Services Corporation (PTSC), has set sail from Vietnam. The units will be installed at Ørsted’s Greater Changhua 2b & 4 offshore wind farms in Taiwan. To celebrate this milestone, PTSC and others held a special ceremony on 1 December, with Vietnam’s Prime Minister Phạm […]

  • LS Cable & System to Supply Offshore Cables for CIP’s South Korean Floating Wind Farm

    20 November 2024
    Business & Finance, Cables, Floating Wind, Grid Connection

    LS Cable & System has signed a letter of intent (LOI) with Denmark’s Copenhagen Infrastructure Partners (CIP) for the supply of offshore cables for the Haewoori Offshore Wind 3 project in South Korea. The Haewoori floating offshore wind project is planned to be built in three phases, with a total capacity of 1.5 GW. The […]