Search results for: south korea

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  • Taihan Buys ‘Korea’s Only Cable-Layer for Offshore Wind’

    27 December 2023
    Business & Finance, Outlook & Strategy, Vessels

    South Korean Taihan Cable & Solution has acquired what is said to be Korea’s only cable-laying vessel (CLV) for the offshore wind market. Taihan, which announced the purchase on December 20, bought the vessel for approximately USD 38.4 million (EUR 34.7 million). The CLV, equipped with self-propulsion and a DP2 system, can load up to […]

  • South Korean Duo Preferred Cable Supplier for Anma Offshore Wind Project

    6 October 2023
    Cables, Contracts & Tenders, Grid Connection

    LS Cable & System and LS Marine Solution have been selected as preferred bidders for the supply of submarine cables for the Anma Offshore Wind project in South Korea. The collaboration between the two South Korean companies, LS Cable & System and LS Marine Solution, involves the development of high-capacity submarine cables for the external […]

  • SK Ecoplant to Install Jackets for South Korean Offshore Wind Project

    25 September 2023
    Contracts & Tenders, Fixed-Bottom, Supply Chain

    SK ecoplant has been selected as the preferred supplier for the transportation and installation of jacket foundations at the Anma offshore wind farm in South Korea. Under the preferred supplier agreement, SK ecoplant will carry out the transportation and installation of 38 jackets to the project’s offshore construction site some 40 kilometres west of the […]

  • Hyundai Heavy Sets Sights on Scottish Floating Offshore Wind

    18 April 2024
    Collaboration, Floating Wind, Industry, Infrastructure, Outlook & Strategy, Supply Chain, Transition

    Major South Korean shipbuilder, HD Hyundai Heavy Industries, has signed a Memorandum of Understanding with two Scottish enterprise agencies which is expected to unlock expertise in the design and manufacture of floating offshore wind substructures. Scottish Enterprise (SE) and Highlands & Islands Enterprise (HIE) signed the MoU with Hyundai Heavy in Edinburgh, described as a […]

  • New Heavy Lift Quay Supporting SeAH’s UK Monopile Factory to Go Into Operation This Summer

    12 April 2024
    Business & Finance, Ports & Logistics

    A new quay in the UK’s Tees Valley that will support SeAH Wind’s new XXL monopile manufacturing facility is set to be operational in early summer 2024. Construction work on the first 450-metre phase of the South Bank Heavy Lift Quay, which started in 2021, is now complete, according to Teesworks Ltd, a private-public partnership […]

  • Global Floating Offshore Wind Project Pipeline Up by One-Third in a Year

    5 October 2023
    Floating Wind, Industry, Market Outlooks, Outlook & Strategy

    The global floating offshore wind project pipeline has grown significantly in the last twelve months in terms of capacity from 185 a year ago to 244 GW now, which represents a 32 per cent increase, according to a new report published by RenewableUK. The pipeline includes projects at any stage: fully operational, under construction, approved, […]

  • CBED Signs SOV Deal with Siemens Gamesa

    24 April 2024
    Business & Finance, Contracts & Tenders, Supply Chain, Vessels

    Offshore wind service provider CBED has signed a contract with Siemens Gamesa Renewable Energy for their new service operations vessel, Wind Creation, which will join the commissioning of an offshore wind farm in the Netherlands. The project will commence by the end of the second quarter of 2024 and run for the remainder of the […]

  • POSCO, Equinor Pen Offshore Wind MoU in South Korea

    15 September 2023
    Business development, Collaboration, Outlook & Strategy, Research & Development, Supply Chain

    POSCO International and Norway-based Equinor have signed a Memorandum of Understanding (MoU) to explore opportunities related to the development of offshore wind in South Korea. POSCO International and Equinor will explore various initiatives under the agreement which include potential joint ventures and joint investment in projects within offshore wind including the Firefly/Bandibuli floating wind project […]

  • CIP Sets Up New Fund to Back 10 GW of Renewables in Middle-Income Countries

    5 December 2023
    Business & Finance, Business development, Research & Development

    Denmark’s Copenhagen Infrastructure Partners (CIP) has launched a new fund, which has a target size of USD 3 billion, intending to enable more than 10 GW of renewable energy capacity. Announced during COP28, the Growth Markets Fund II (GMF II) will be focused on developing and building offshore and onshore wind, solar PV, energy storage, […]

  • Newly Converted Cable-Layer Arrives in Taichung Port Ahead of Work at Yunlin Offshore Wind Farm Site

    29 March 2024
    Cables, Fixed-Bottom, Grid Connection, Project Updates, Vessels, Wind Farm Update

    Orient Adventurer, formerly the construction and flex lay vessel Polar Onyx which has been converted into a cable-laying vessel (CLV), has arrived in Taiwan’s port of Taichung, from where it will soon sail out to the Yunlin offshore wind farm site. The vessel will carry out cable-laying work on the Yunlin project under the partnership between […]

  • Germany to Auction Off 5.5 GW of Offshore Wind Capacity in 2024

    22 February 2024
    Authorities, Planning & Permitting

    Germany’s Federal Maritime and Hydrographic Agency (BSH) has verified that three offshore wind areas in the North Sea, with a combined capacity of 5.5 GW, are approved for auction later this year. The BSH issued the fourth WindSeeV regulation, which contains the preliminary area investigation results for constructing offshore wind farms in three areas in […]

  • Eneti Newbuild Jack-Ups Secure More Work While Under Construction

    18 September 2023
    Supply Chain, Vessels, Wind Turbines

    Eneti’s wholly-owned subsidiary, Seajacks UK Limited, has signed a vessel reservation agreement with an undisclosed client to transport and install wind turbines. With mobilization commencing in the first quarter of 2027, the contract will be performed by one of Eneti’s two NG16000X Wind Turbine Installation Vessels (WTIVs) currently under construction at Hanwa Ocean in South […]

  • California ISO Unveils USD 6.1 Billion Transmission Plan, Spotlights Offshore Wind

    4 April 2024
    Business development, Grid Connection, Offshore Platforms, Onshore Infrastructure, Research & Development

    The California Independent System Operator (ISO) has unveiled its draft 2023-2024 Transmission Plan, which includes 26 proposed projects worth USD 6.1 billion (approximately EUR 5.6 billion), with a majority of the investment related to offshore wind. According to the California ISO, the plan is based on the state projections that California needs to add more […]

  • South Korea’s First Offshore Wind Installation Vessel Installs Its First Turbines at Jeju Project Site

    15 September 2023
    Fixed-Bottom, Project Updates, Supply Chain, Vessels

    Hyundai Engineering & Steel Industries’ offshore wind installation vessel, named Hyundai Frontier and said to be the country’s first vessel of this kind, has completed its first wind turbine installation task at a wind farm offshore the Jeju island. This is according to a social media post by Kongsberg Maritime, with whose technology the vessel has […]

  • Octopus Energy Acquires Stake in Dutch Offshore Wind Farm

    19 September 2023
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    UK-headquartered Octopus Energy has made an investment in the 731.5 MW Borssele III and IV offshore wind farm in the Dutch North Sea. Octopus Energy Generation acquired a 10 per cent stake in the fully operational 731.5 MW offshore wind farm, located 55 kilometres from the Port of Vlissingen in the Netherlands. The deal comes […]

  • Deep Wind Welcomes New Offshore Wind Investor

    7 September 2023
    Business & Finance, Collaboration, Outlook & Strategy

    Offshore wind developer, Deep Wind Offshore, has secured Octopus Energy as a new investor to accelerate international expansion and strengthen Norwegian projects, according to the company. Octopus Energy will join the ownership side of the company, Deep Wind Offshore said, together with the existing industrial owners Knutsen OAS, Haugaland Kraft, and SKL. Deep Wind Offshore […]

  • UK Company Buys CTV Owner CWind

    11 October 2023
    Business & Finance

    UK-based Inspirit Capital has acquired crew transfer vessel (CTV) owner CWind from Global Marine Group. CWind completes approximately 60,000 crew transfers annually, utilising its fleet of CTVs, including the world’s first hybrid surface effect ship, CWind Pioneer. The company provided services at wind farms throughout the UK and Europe including London Array, Thanet & Kentish […]

  • Scottish Floater Submits Application to Revise Design Parameters

    12 October 2023
    Authorities, Floating Wind, Planning & Permitting

    The developer of the Pentland floating offshore wind farm, located in Scotland, has submitted an application to vary its Section 36 consent and associated marine licences. The 100 MW project is being developed by Highland Wind Limited, which is majority-owned by Copenhagen Infrastructure Partners (CIP) through one of its CI Funds, with Hexicon as a […]

  • POSCO E&C, Equinor Sign Ulsan Firefly Floating Offshore Wind Agreement

    25 August 2023
    Collaboration, Floating Wind, Outlook & Strategy, Wind Farm Update

    South Korea’s POSCO E&C has signed an agreement with Norwegian Equinor to promote the 750 MW Ulsan Firefly floating offshore wind farm in South Korea. Through this agreement, POSCO E&C plans to establish a strategic partnership with Equinor, Norway’s state-owned energy company, in domestic offshore wind power development, construction, transportation, and other areas. “We are […]

  • Sif Solidifies Offshore Wind Deal with South Korean Company

    20 September 2023
    Contracts & Tenders, Foundations, Manufacturing, Supply Chain

    The Netherlands-based Sif Group has signed the final agreement with GS Entec to provide support to the South Korean company with manufacturing foundations for the Asian market. The two companies inked a framework agreement for a strategic partnership in July last year. Under the agreement, Sif grants GS a ten-year mutual exclusive license for the Asian region […]

  • Construction Starts on Ørsted’s Greater Changhua 2b & 4 Offshore Substation

    16 August 2023
    Grid Connection, Wind Farm Update

    Seatrium has held a strike steel ceremony at its Pioneer Yard in Singapore to mark the start of construction of the offshore substation for Ørsted’s Greater Changhua 2b and 4 offshore wind farms in Taiwan. Seatrium said that this project is the latest under construction by Seatrium New Energy (a member of Seatrium Group) for […]

  • South Korean Anma Offshore Wind Signs Local Content Agreement with Siemens Gamesa & Doosan

    7 August 2023
    Collaboration, Contracts & Tenders, Outlook & Strategy

    Anma Offshore Wind (Anma) has signed a memorandum of understanding (MoU) with Siemens Gamesa Renewable Energy (Siemens Gamesa) and Doosan Enerbility (Doosan) to jointly consider increasing the local content of its 532 MW offshore wind farm located in South Jeolla Province, South Korea. By executing this MoU, the companies are seeking to increase the project’s […]

  • Mainstream, Ocean Winds Team Up on Another ScotWind Floating Offshore Wind Project

    17 August 2023
    Collaboration, Outlook & Strategy, Wind Farm Update

    Mainstream Renewable Power and Ocean Winds, a joint venture between Engie and EDP Renewables, have partnered to develop a second ScotWind site of 500 MW east of Shetland, expanding the overall footprint of the Arven offshore wind farm to 2.3 GW. Arven comprises two sites, namely a 1.8 GW project east of the Shetland Islands, […]

  • 532 MW South Korean Offshore Wind Project Moves Forward

    28 July 2023
    Authorities, Business development, Environment, Research & Development, Wind Farm Update

    Anma Offshore Wind has completed the final Environmental Impact Assessment (EIA) in relation to its 532 MW offshore wind farm, in consultation with South Korea’s Ministry of Environment. This is the result of a 15-month-long consultation process which began with the submission of the draft EIA in April 2022. With the final EIA consultation completed, […]

  • Technip Energies, Sarens, and Young-Chang Heavy Industry Form Floating Wind Partnership in Korea

    31 July 2023
    Business development, Collaboration, Equipment, Infrastructure, Outlook & Strategy, Ports & Logistics

    Technip Energies has signed a Memorandum of Understanding (MoU) with the yard infrastructure provider, Young Chang, and heavy lifting solutions provider, Sarens, to collaborate on floating offshore wind projects offshore South Korea. Carl Sarens, Managing Director of Sarens Projects, said: ”We are looking forward to our cooperation with Technip Energies and Young-Chang Heavy Industries. Our […]

  • SeAH, Navantia Seanergies Form Offshore Wind Ties

    1 August 2023
    Collaboration, Contracts & Tenders, Floating Wind, Outlook & Strategy

    Spanish state-owned Navantia Seanergies and SeAH have signed a collaboration agreement for the development of offshore wind in countries on the Asian continent. The collaboration between the two companies focuses on the manufacture of complete floats, components or materials manufactured in Korea or in countries where SeAH has facilities, or could be installed, such as […]