Search results for: ulsan

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  • South Korea Unveils EUR 27 Billion Floating Wind Project

    7 May 2021
    Authorities, Wind Farm Update

    The Government of South Korea will invest KRW 1.4 trillion (around EUR 1 billion) in the first phase of the project to develop a 6 GW floating wind farm offshore Ulsan, the country’s president Moon Jae-in said. The mammoth project will need a public-private investment of some KRW 36 trillion (EUR 26.7 billion), with the […]

  • Sif Postpones Expansion Plans, Licenses Its Tech in South Korea

    29 July 2022
    Business & Finance, Contracts & Tenders

    The Netherlands-based offshore foundations manufacturer Sif Group has postponed the final investment decision (FID), initially scheduled for this month, for the expansion of its offshore wind foundations manufacturing facility near Rotterdam in the Netherlands. As reported earlier, Sif has been in negotiations with clients for a total of 400kt of launching capacity for the new […]

  • Pacifico Energy to Deploy Two EOLOS Floating LiDARs Offshore South Korea

    16 February 2022
    R&D

    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 […]

  • Bureau Veritas and Korean Register Forge Floating Alliance in Korea

    13 April 2022
    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 […]

  • KEPCO Taps K2 for South Korean Floater

    21 August 2019
    Operations & Maintenance, Wind Farm Update

    KEPCO Engineering & Construction Company (KEPCO E&C) has appointed K2 Management to help it deliver the first floating offshore wind farm in Korea for the developer, Ulsan consortium. The project, in the pre-feasibility phase supported by the Korean government, is expected to be approximately 200MW as a testbed, around 50 kilometres from the coast of […]

  • Norwegian Developer Teams Up with East West Power on 4 GW Plan in South Korea

    30 June 2022
    Business & Finance

    Norwegian offshore wind developer Deep Wind Offshore has signed a Memorandum of Understanding with East West Power to collaborate on four projects totalling more than 4GW of floating and bottom fixed offshore wind in South Korea.     “The complementary capabilities of our companies create a solid foundation for successfully developing the projects to benefit the energy […]

  • South Koreans Developing New Floating Wind Tech

    9 April 2021
    Business & Finance, R&D, Technology

    South Korea’s SK Engineering & Construction and POSCO have signed a Memorandum of Understanding (MoU) to develop a new floating offshore wind foundation. The companies will work together on the basic design for the foundation, water tank testing, production of the prototype, as well as demonstration. SK E&C said it will provide the core technologies for […]

  • Shell Making Further Floating Offshore Wind Moves in South Korea

    15 March 2022
    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 […]

  • Hyundai Heavy Complets Site Trial of Prototype 500 kW Tidal Power System (South Korea)

    9 June 2011

    Hyundai Heavy Industries, the world’s biggest shipbuilder and Korea’s largest green energy provider, today completed the site trial of a prototype 500 kW tidal current power system at Uldolmok Passage in Jeollanam-do, southwest Korea. Tidal current power is a form of hydropower that converts the kinetic energy of the tidal currents into electricity using turbines. […]

  • Havfram Studying Transport and Installation for Equinor’s South Korean Floating Wind Project

    30 March 2022
    R&D, Wind Farm Update

    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 […]

  • Corio and Daewoo E&C Join Forces Offshore South Korea

    18 May 2023
    Business development, Collaboration, Contracts & Tenders, Outlook & Strategy, Research & Development

    London-headquartered Corio Generation and Daewoo Engineering and Construction (Daewoo E&C) have signed a Memorandum of Understanding (MoU) to jointly develop offshore wind projects in South Korea. Under the MoU, Corio and Daewoo E&C have agreed to explore collaboration opportunities in developing bottom-fixed offshore wind projects. This covers all three projects in Corio’s portfolio in Busan, […]

  • Floating Wind Webinar: Next Phase Floating Wind Global Deployment Opportunities for Floating Wind Turbines

    29 October 2019

    Are you an energy professional looking for a slice in the future floating wind industry? If yes – this webinar is perfect for you…  Quest unleash Q Vision’s real time data to map the current and forecasted global floating wind industry and identify the hottest markets and the biggest players.    You will learn: Global […]

  • Equinor and KNOC Embark on South Korean Floating Wind Mission

    15 February 2019
    Business & Finance

    Equinor and the state-owned Korea National Oil Corporation (KNOC) have signed a Memorandum of Understanding (MoU) for floating offshore wind in South Korea. Under the MoU, the two parties will jointly explore the opportunities of developing commercial floating offshore wind, Equinor said. According to KNOC’s Senior Vice President Jae-Heon Shim, executing the agreement will become a […]

  • ABS and Korean Industry Leaders Collaborate on Offshore Floating Green Hydrogen Platform

    10 May 2023
    Business development, Research & Development, Technology

    The American Bureau of Shipping (ABS) has joined Korean industry leaders in the signing of a memorandum of understanding (MoU) to produce a feasibility study for a near-shore floating platform of green hydrogen production and liquefaction. The feasibility study will be included in a report from the Jeolla Province to determine the viability of developing […]

  • Shell’s South Korean Floating Wind Project Cleared for 1.3 GW Capacity

    8 March 2022
    Wind Farm Update

    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 […]

  • POSCO, CIP Partner on Offshore Wind and Green Hydrogen in South Korea

    19 May 2022
    Business & Finance

    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 […]

  • Hyundai Heavy Industries Develops Floating Foundation for 10 MW Wind Turbines

    28 July 2021
    Technology

    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 […]

  • Newly Established Japanese-Korean Joint Venture Sets Sights on Offshore Wind

    10 May 2023
    Business & Finance

    Japan-based Shizen International, a Shizen Energy Group company, has entered into an agreement with South Korea’s INMARK Asset Management and DOHWA Engineering to form a joint venture that will develop energy storage, onshore renewables and offshore wind projects in South Korea.  The joint venture, which will be called Inmark Jayeon Energy, has already identified 2,000 […]

  • CoensHexicon Awarded Four More Offshore Wind Sites in South Korea

    25 October 2021
    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 […]

  • Shell and Hexicon Appoint K2 Management as Lender’s Technical Advisor for South Korean Floating Wind Farm

    12 April 2023
    Contracts & Tenders

    Shell and Hexicon, through their joint venture in South Korea, have appointed K2 Management (K2M) as Lender’s Technical Advisor for the MunmuBaram project, a 1.3 GW floating wind farm planned to be built between 65 and 80 kilometres offshore the city of Ulsan.  The Denmark-headquartered K2 Management will first review the general project status and […]

  • Hexicon Increases Stake in 1.3 GW South Korean Floating Offshore Wind Farm

    4 August 2022
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Sweden-based Hexicon has decided to increase its direct ownership to 20 per cent in the MunmuBaram floating wind project off the southeast coast of South Korea. Hexicon Korea, a joint venture between Hexicon and Korean company Coens & Co where Hexicon holds 49 per cent, owned 20 per cent of the MunmuBaram Co., Ltd. which […]

  • South Koreans Develop K-Floating Body with Domestic Tech, Get DNV Nod

    9 March 2023
    Business development, R&D, Research & Development, Technology

    South Korean SK ecoplant and its compatriot POSCO have announced that their K-Floater, a floating body model for offshore wind power developed with domestic technology, secured basic design certification from DNV. The K-floating body is a 10 MW semi-submersible floating model which is capable of withstanding a typhoon of about 40 metres per second that […]

  • Samsung Heavy Unveils 9.5 MW Floater, Targets Korea’s Giant Floating Wind Project

    20 July 2021
    Technology

    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), […]

  • Shell Puts Together Offshore Wind Recruitment Team

    6 May 2021
    Contracts & Tenders, Jobs & Recruitment

    Shell Renewables and Energy Solutions (formerly Shell New Energies) has selected ERSG and Light Source People for global staffing services for its offshore wind business. Following a tendering procedure, Light Source People has been appointed as an official supplier to provide contractors and permanent staff for Shell’s offshore wind projects and wider renewables portfolio globally under a […]

  • SK Ecoplant Joins Corio and TotalEnergies on South Korean Offshore Wind Projects

    6 September 2022
    Business & Finance, Contracts & Tenders

    Corio Generation and TotalEnergies have joined forces with SK Ecoplant to develop the 2 GW BadaEnergy offshore wind portfolio in South Korea. SK Ecoplant, which will join the partners in taking the projects from early planning through licensing and construction to operation, will also acquire a stake in the portfolio, subject to the completion of […]

  • Equinor Adds Technip Energies to Floating Offshore Wind Team in South Korea

    4 April 2022
    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 […]