812 results found for 'south korea'

812 results found for 'south korea'
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  • KF Wind Secures Grid Deal for 1.1 GW Floating Offshore Wind Project

    10 October 2024
    Business & Finance, Floating Wind, Grid Connection, Project Updates, Wind Farm Update

    Korea Floating Wind (KF Wind), a floating offshore wind project being developed by Ocean Winds and Mainstream Renewable Power, has secured a Transmission Service Agreement (TSA) with Korea Electric Power Corporation (KEPCO). The agreement covers the first phase of the project, East Blue Power (375 MW), and the second phase, KF Wind (750 MW), with […]

  • South Korean Firm to Supply Power Equipment for Ørsted’s Hornsea 4 Offshore Wind Farm

    4 November 2024
    Business & Finance, Contracts & Tenders, Equipment, Fixed-Bottom, Grid Connection, Supply Chain

    Denmark’s Ørsted has awarded a contract to Hyosung Heavy Industries for the supply of ultra-high voltage power equipment for the Hornsea 4 offshore wind farm in the UK. Under the contract, the South Korean company will supply 400 kV ultra-high voltage transformers and reactors, essential components for improving power quality for the 2.4 GW Hornsea […]

  • Cyan Renewables, Blue Water Shipping Forge APAC Offshore Wind Alliance

    11 October 2024
    Business & Finance, Collaboration, Operations & Maintenance, Outlook & Strategy

    Singapore-headquartered Cyan Renewables and Blue Water Shipping have signed a Memorandum of Understanding (MoU) to collaborate on providing a wide range of logistical services for the offshore wind sector in the Asia-Pacific (APAC) region. Under the MoU, the partners agree to provide a wide range of logistical services and infrastructure to facilitate the transportation of […]

  • KF Wind Wraps Up Geotechnical Survey for First Phase of Its South Korean Floating Wind Project

    1 October 2024
    Floating Wind, Project Updates, Wind Farm Update

    Korea Floating Wind (KF Wind), owned by Ocean Winds, Mainstream Renewable Power, and Kumyang Electric Co., has completed the geotechnical survey for the first phase of its 1,125 MW floating offshore wind project in South Korea. The first phase of the project, called East Blue Power, has a potential capacity of 375 MW and is […]

  • EDF Renewables Enters South Korean Offshore Wind Market

    3 September 2024
    Business & Finance, Business development, Research & Development

    EDF Renewables, a subsidiary of EDF, has acquired 100 per cent of Shell Overseas Holdings Ltd.’s shares in West Sea Energy 1, which is exploring the development of a large-scale offshore wind project in South Korea. The France-based company acquired its first offshore wind project in South Korea, located in the southwestern county of Yeonggwang. […]

  • Mingyang to Manufacture Wind Turbines in South Korea

    5 September 2024
    Business & Finance, Business development, Manufacturing, Research & Development, Supply Chain

    China’s Mingyang Smart Energy has signed an agreement with the local company Unison to manufacture wind turbines in South Korea. The two companies entered into a joint venture to provide “top-tier products and services, contributing to carbon neutrality efforts in South Korea and the surrounding region”, said the partners. In May last year, the Chinese […]

  • Mammoet Enters Offshore Wind Partnership with South Korean Company

    2 September 2024
    Business & Finance, Collaboration, Outlook & Strategy, Supply Chain

    The Netherlands-based logistics company, Mammoet, and Samyang Marine Group have entered into a partnership to provide heavy lifting and transport solutions for South Korea’s offshore wind sector. The collaboration is set to establish Offshore Service Port (OSP) facilities to serve projects across sectors in South Korea, with a primary focus on upcoming offshore wind projects. […]

  • MSPAR Floating Wind Foundation Gets DNV Nod

    16 October 2024
    Business development, Floating Wind, R&D, Research & Development, Technology

    The MSPAR floating offshore wind turbine foundation, developed by South Korea’s Daewoo Engineering & Construction (Daewoo E&C) and Netherlands-based Monobase Wind, has received Approval in Principle (AiP) from DNV. The MSPAR foundation, a hybrid of semi-submersible and SPAR foundation design, is engineered for full assembly at the quayside. This foundation is capable of supporting 15-25 MW […]

  • Two South Korean Floating Offshore Wind Projects Receive EIA Approval

    28 August 2024
    Authorities, Environment, Floating Wind, Planning & Permitting

    South Korea’s Ministry of Environment and Ministry of Trade, Industry, and Energy have approved the Environmental Impact Assessments (EIAs) for Hexicon’s MunmuBaram project and Korea Floating Wind’s floating offshore wind project being developed off the coast of Ulsan. The EIA process, conducted by the MunmuBaram project team, involved a comprehensive examination of potential environmental impacts […]

  • CS Wind to Pour USD 200 Million Into New Factory in Vietnam

    11 September 2024
    Business & Finance, Infrastructure, Manufacturing, Supply Chain

    Dong Tam Group and South Korea’s CS Wind have signed a cooperation agreement to lease land for a wind power manufacturing facility in Long An, Vietnam, with a total investment of USD 200 million. The manufacturing facility will be located in Southeast Asia Industrial Park built by Dong Tam Group in the province’s Can Giuoc […]

  • Eco-Friendly Hybrid CTV Gets KR Approval in Principle

    3 October 2024
    Vessels

    South Korean maritime service company MARCON has secured approval in principle (AiP) from the Korean Register (KR) for its hybrid crew transfer vessel (CTV), a passenger and cargo transport vessel dedicated to offshore wind farms. The CTV is expected to resolve environmental regulation issues by adopting an eco-friendly hybrid electric propulsion system using batteries while […]

  • LS Marine to Use Dong Fang Offshore’s SOV on South Korean Offshore Wind Projects

    14 August 2024
    Business & Finance, Cables, Operations & Maintenance, Vessels

    Korean company LS Marine Solution and Taiwan’s Dong Fang Offshore (DFO) have entered into a memorandum of understanding (MOU) which will see LS Marine chartering a service operations vessel (SOV) from DFO and participating in offshore wind project bidding in South Korea. According to LS Marine Solution, this will be the first time an SOV […]

  • Fugro Settles in South Korea

    16 February 2024
    Business & Finance, Business development, Collaboration, Outlook & Strategy

    Fugro has opened a new office in South Korea as part of a joint venture with South Korean marine technology company UST21 in support of the local offshore wind sector. The new office called Fugro UST21 and located in Incheon will provide geo-data solutions for South Korea’s offshore renewable energy sector, which the Dutch company […]

  • Cyan Bolsters South Korea Offshore Wind Ties

    29 May 2024
    Business & Finance, Collaboration, Outlook & Strategy, Supply Chain

    Cyan Renewables, a portfolio company of Seraya Partners, has signed a Memorandum of Understanding (MoU) with DRS KWP to support the offshore wind industry in South Korea. South Korea’s DRS KWP, a subsidiary established by the Dae-Ryuk Shipping (DRS) Group, is currently serving as a provider of crew transfer vessels (CTVs) and offshore tugboat services. […]

  • Corio, BP to Splash Over EUR 1 Billion on Wind Projects Offshore South Korea

    22 November 2023
    Business & Finance, Industry

    South Korea’s Ministry of Trade, Industry and Energy has revealed that two energy companies, Corio Generation and BP, have submitted investment plans for offshore wind projects in South Korea totalling 1.5 trillion won (about EUR 1.06 billion). The announcement was made on 22 November during South Korean President Yoon Suk Yeol’s state visit to the […]

  • Shell and CoensHexicon to Jointly Build 1.4 GW Floating Wind Farm Offshore Korea

    1 September 2021
    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 […]

  • RWE Wins Key Permit for 495 MW South Korean Offshore Wind Project

    4 April 2024
    Authorities, Business development, Fixed-Bottom, Planning & Permitting, Research & Development

    RWE has been awarded a 495 MW Electricity Business License (EBL) by the Ministry of Trade, Industry & Energy of South Korea to develop the Seohae offshore wind project, off the coast of Taean County. The license grants RWE its first exclusive development rights for offshore wind in South Korea since the company opened an […]

  • Global Renewables Shipbrokers Enters South Korean OW Market

    23 August 2019
    Business & Finance

    The German Global Renewables Shipbrokers (GRS) has entered into a strategic partnership with South Korea’s consultancy SerFac for offshore wind development in South Korea. GRS provides consultancy and shipbroking services for the offshore wind, wave and tidal energy sectors, while SerFac is a wind project development consultancy. “The moment for market entry to South Korea is […]

  • Equinor, EWP Raise Floating Wind Stakes in South Korea to 3 GW

    17 November 2021
    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 […]

  • ODE Secures Another Offshore Wind Contract in South Korea

    4 May 2022
    Contracts & Tenders, Wind Farm Update

    UK-based Offshore Design Engineering Limited (ODE) has been selected as the Owner’s Engineer for Vena Energy’s 384 MW Yokji offshore wind farm in South Korea. Under the two-year contract, ODE will provide a range of services including basic engineering, wind turbine generators (WTG) package support as well as EPC preparation support. According to the company, […]

  • Fugro Cracks South Korean Offshore Wind Market

    22 October 2019
    Business & Finance

    Fugro has signed a Memorandum of Understanding (MoU) with Underwater Survey Technology 21 (UST21), marking its entry in the South Korean offshore wind market. The agreement will see the two companies collaborating on marine projects in South Korea, with Fugro expanding UST21’s local hydrography capacity to provide site characterization services, including geotechnical, geophysical and offshore metocean solutions. […]

  • Ramboll to Design Foundations for 532 MW South Korean Offshore Wind Project

    1 July 2024
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Foundations, Supply Chain

    Anma Offshore Wind Energy has selected Denmark-headquartered Ramboll for detailed foundation design and certification support for the 532 MW offshore wind farm in South Korea. Ramboll has secured the contract for WTG Foundation Detailed Design of the wind farm’s 38 14 MW units, which will be supported on three-legged jackets with pre-installed pin piles. In […]

  • Total Enters South Korean Floating Wind Market

    1 September 2020
    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 […]

  • ODE, Hanmi Win New Offshore Wind Contract in South Korea

    28 March 2022
    Contracts & Tenders

    International engineering and technical service provider Offshore Design Engineering (ODE) Ltd, together with South Korean project management company Hanmi Global, has been awarded with an Owner’s Engineer contract for a 400 MW offshore wind farm in South Korea by an unnamed client. ODE and HanmiGlobal are partnering for owner’s engineer services for the first time […]

  • Vestas Sets Sights on South Korea

    19 January 2023
    Authorities, Business & Finance, Industry, Jobs & Recruitment, Operations & Maintenance

    Danish wind turbine manufacturer Vestas has announced plans to build out a wind energy supply chain in South Korea, adding that the plans are dependent on a growing market for offshore wind in the country. The plans were formalised at a signing ceremony with Vestas CEO Henrik Andersen, and South Korea’s President Yoon Suk-Yeol at […]

  • Kuick Releases South Korea Wind Power Sector Analysis 2013

    22 March 2013

    Kuick Research has released research titled “South Korea Wind Power Sector Analysis 2013.” Wind Power in South Korea is being seen as the potential driver of renewable energy development in the country. Electricity generation through wind power has already progressed to significant levels and most of this has been developed onshore. The present onshore capacity […]