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South Korea’s President Moon Jae-in, elected last month, today announced plans for the country’s transition to renewables and phase-out of nuclear and coal plants in a speech during the official ceremony of the permanent shutdown of the country’s oldest nuclear power plant. Moon added he will focus on developing solar and offshore wind power.
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Business & Finance, Wind Farm Update
Equinor has started conducting wind measurements to investigate the possibility of developing and constructing an 800 MW floating offshore wind project in South Korea. Two floating wind speed measurement installations using LiDAR technology have been deployed in the East Sea from Ulsan to conduct metocean data measurements for what will be the Firefly offshore wind […]
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Ports & Logistics, Wind Farm Update
Hung Hua Construction (HHC) has transported the first batch of twelve pin piles for Taiwan Power Company’s Changhua Phase 1 offshore wind farm from South Korea to Taiwan, following an almost two-month delay in operations due to COVID-19 restrictions. The company, contracted by Jan De Nul for the transport of jacket foundations, loaded the pin […]
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Business & Finance, Contracts & Tenders
Ørsted has signed a Memorandum of Understanding (MoU) with Doosan Enerbility’s Vietnamese subsidiary, Doosan Vina, to cooperate on the supply of offshore wind turbine substructures. With the signing of this MoU, Doosan Vina will be supplying the monopile foundations for Ørsted’s global offshore wind power projects that are currently underway in regions such as Southeast […]
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Cathie Associates has signed a Memorandum of Understanding (MoU) with Blue Wind Engineering (BWE) to cooperate on expanding within the offshore wind industry in South Korea. According to Robin Comrie, Co-Managing Director of Cathie Associates, the company hopes to play a role in the growth of offshore wind in the region as South Korea aims to […]
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Shell and CoensHexicon Co. Ltd have signed an agreement to develop, construct and operate a floating offshore wind farm in South Korea. According to CoensHexicon, initial project development started early this year for the wind farm which will be located circa 40km off the coast of Ulsan. The parties have already formed a project company […]
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Ports & Logistics, Wind Farm Update
The first pin piles fabricated in South Korea for the Taiwan Power Company Offshore Windfarm Phase 1 Project – Demonstration have been loaded out for transport to Taiwan. As previously reported, Edgen Murray, in collaboration with South Korea’s SeAH, completed the manufacturing of 80 pin piles for the project, also known as Changhua Phase 1, […]
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Technology, Wind Farm Update
Doosan Heavy Industries & Construction has acquired the prototype turbine, design, and rights to manufacture and sell a 5.5MW wind turbine developed by Hyundai Electric & Energy Systems and AMSC. Doosan will supply the 5.5MW units – the country’s most powerful domestically produced offshore wind turbines – to the first phase of the Southwest Offshore Wind Project.
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International cooperation was the focal point of the second day of the Offshore Business Meeting and Conference (OBMC) 2012. The network agency windcomm schleswig‐holstein had invited a business delegation from South Korea to take part in the meeting and build up networks with European companies. The South Korean delegation included representatives from Daewoo Shipbuilding and […]
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Business & Finance, Contracts & Tenders, Wind Farm Update
Deep Wind Offshore has secured site exclusivity for gigawatt-scale wind development in the Southern Sea offshore South Korea. A few months ago, the Norwegian developer signed a Memorandum of Understanding (MoU) with East West Power to collaborate on four projects totalling more than 4 GW of floating and bottom-fixed offshore wind in South Korea. After […]
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The development of wind energy, both onshore and offshore, in South Korea is gathering pace and the demand for qualified service and maintenance personnel for wind parks is growing. With this development in mind, Husum-based BZEE signed a cooperation agreement with the vocational training college Korea Polytechnic III based in Chuncheon City in July 2013. […]
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South Korea is expanding its activities in the renewable energy business. Inter alia, the government plans to install 500 wind turbines with a capacity of 2,500 MW off the country’s west coast. As a consequence, GL Garrad Hassan has now a representative on-site in Seoul, South Korea to provide locally services and support for designer, […]
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Authorities, Contracts & Tenders, Jobs & Recruitment, Operations & Maintenance, R&D, Technology
The City of Ulsan has signed a Memorandum of Understanding with four domestic and foreign partnerships and investors to build and maintain floating wind farms, as well as to create a local supply chain in South Korea. The four developers include a partnership between Royal Dutch Shell and CoensHexicon, which is a joint venture between […]
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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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Fugro has extended its memorandum of understanding (MoU) with Underwater Survey Technology 21 (UST21) to support South Korea’s expansion of wind power assets. According to Fugro, the MoU was extended due to the strong demand for combined geophysical, geotechnical, and metocean data services. The parties signed the initial MoU back in 2019, marking Fugro’s entry […]
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Business & Finance, Wind Farm Update
Vena Energy and Korea Midland Power Co. Ltd. (KOMIPO) have partnered on the development of a 384 MW offshore wind project near Yokji Island in South Korea. The Singapore-headquartered company announced the the signing of a Joint Development Agreement with KOMIPO only a day after revealing the establishment of a consortium with Shikoku Electric Power […]
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Contracts & Tenders, Wind Farm Update
Hyundai Engineering Corporation has awarded Arup and Offshore Design Engineering (ODE) with an Owner’s Engineer contract for a 220 MW offshore wind project in South Korea. Arup–ODE team will assess the local conditions to determine the most appropriate foundation system, turbine technology and site layout for the chosen site in order to facilitate the early […]
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Business & Finance, Wind Farm Update
Ørsted has disclosed plans to develop South Korean offshore wind projects with a potential capacity of up to 1.6 GW off the coast of Incheon City. The projects will be located more than 70 kilometres from the main parts of Incheon City and have relatively shallow water depths at the target project site to allow […]
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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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Swedish floating multi-turbine platform designer Hexicon AB has signed a Memorandum of Understanding (MoU) with Busan Techno Park and Renewable Energy Center for the development of floating offshore wind in South Korea.
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Tocardo International, the leading producer of hydro-power turbines, has signed an exclusive dealership agreement to sell its renewable energy technology into South Korea. Tocardo signed the deal with the German-Korean corporation Korwind. The company has extensive experience with the South Korean renewable energy market, and a strong track record of building trade links between Korea […]
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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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Business & Finance, R&D, Wind Farm Update
Doosan Heavy Industries (DHI) has remained the only South Korean company interested in the state-backed project for the development of up to 2.9 GW of offshore wind capacity in the Yellow Sea region, Business Korea reports. DHI is reportedly planning to develop a 60 MW offshore wind test site, with other companies losing interest in the project due to delays […]
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Schleswig-Holstein’s economics (trade and industry) minister Reinhard Meyer sees good opportunities for cooperation with South Korean enterprises in the wind sector, and wishes to promote business exchange with the country. During his visit to the HUSUM WindEnergy trade fair he issued an invitation to South Korean exhibitors. “As far as off-shore wind power is concerned, […]
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RES and South Korean company DOHWA Engineering have signed a Memorandum of Understanding, outlining the principle arrangements of future cooperation between the two businesses, including upcoming large scale South Korean offshore wind projects. Blue Wind Engineering Co., Limited, the RES representative in South Korea will support both RES and DOHWA. The partnership will see RES […]
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RES (Renewable Energy Systems Ltd) has delivered offshore consultancy services to KLEM, an independent South Korean operations and maintenance (O&M) service provider. The scope of work consisted of a gap analysis of KLEM’s existing resources and skill-sets to help expand their O&M services in the offshore wind industry. The analysis will allow KLEM to develop its […]
