873 results found for 'south korea'

873 results found for 'south korea'
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  • Cyan Renewables, Blue Water Shipping, LX International to Develop Offshore Wind Marshalling Port in South Korea

    24 February 2026
    Collaboration, Ports & Logistics

    Singapore-based offshore wind vessel owner Cyan Renewables, Danish company Blue Water Shipping, and LX International, a global trading company with headquarters in South Korea, have entered into a memorandum of understanding (MoU) to collaborate on the development of an offshore wind port facility in South Korea. According to the partners, the port facility will be […]

  • KOSPO Signs Offshore Wind Agreements as Part of 11.2 GW Renewable Energy Strategy

    29 May 2026
    Business & Finance, Business development, Fixed-Bottom, Floating Wind

    South Korea’s Korea Southern Power (KOSPO) has unveiled plans to deploy 11.2 GW of renewable energy capacity by 2040, including major offshore wind investments. The state-owned utility presented a roadmap during a renewable energy investment briefing held in Seoul on 28 May, attended by around 190 representatives from financial institutions, developers, equipment suppliers, and technology […]

  • OWC, KLEM, and OEG Form Korean Offshore Wind Pact

    16 July 2026
    Operations & Maintenance, Supply Chain

    Renewable energy consultancy OWC, Korea Leading Energy Management (KLEM), and OEG have entered into a tripartite memorandum of understanding (MoU) to collaborate on offshore wind balance of plant (BoP) operations and maintenance (O&M) services in South Korea. Under the collaborative framework, KLEM is expected to act as the main contractor for BoP O&M services, with […]

  • Construction Starts on 390 MW Shinan Ui Offshore Wind Project in South Korea

    20 July 2026
    Fixed-Bottom, Project Updates, Wind Farm Update

    Hanwha Ocean has started construction of the 390 MW Shinan Ui offshore wind project off the coast of South Jeolla Province. The construction kick-off was marked with a ground-breaking ceremony that took place on 16 July in Shinan County. Located off Uido Island in Shinan, the offshore wind farm has secured its construction plan approval […]

  • Korean Company Building Floating Wind Construction Vessel

    26 January 2026
    Equipment, Floating Wind, Supply Chain, Vessels

    Kongsberg Maritime said on 26 January that the company would support a floating wind construction (FWCV) vessel by HANA Shipping “with a complete deck machinery package designed for demanding offshore operations”. The new 127-metre vessel is being built for the Ulsan floating wind projects in South Korea and is scheduled for delivery in July 2027. […]

  • Taihan Cable Signs HVDC Cooperation Agreements with Jan De Nul and Boskalis

    11 June 2026
    Business & Finance, Cables, Fixed-Bottom, Grid Connection, Vessels

    South Korea’s Taihan Cable & Solution has signed memoranda of understanding (MOUs) with Belgium’s Jan De Nul and the Netherlands’ Boskalis to cooperate on high-voltage direct current (HVDC) subsea cable projects. The agreements were signed on 10 June during the Korea-EU Energy Transition Cooperation Forum in Brussels. According to Taihan, the partnerships will focus on […]

  • Vestas, Korean Companies Team Up to Strengthen Offshore Wind O&M Capabilities

    23 March 2026
    Collaboration, Industry, Operations & Maintenance

    Vestas, KEPCO Plant Service & Engineering (KPS) and KMC Line have signed a Memorandum of Understanding (MoU) to support Korea’s offshore wind sector, specifically, the operation and maintenance (O&M) segment of the market. According to Vestas, the MoU aims to accelerate the development of a skilled workforce and high‑quality offshore wind O&M capabilities in Korea. […]

  • ABL Secures Work on New South Korean Offshore Wind Farm

    15 April 2026
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Project Updates, Supply Chain, Wind Farm Update

    ABL has been appointed marine warranty surveyor (MWS) on the Shinan Ui offshore wind project in South Korea. The energy and marine consultancy, part of Norwegian ABL Group, will provide marine warranty survey services to support the transportation and installation operations, as well as marine assurance services for the proposed marine spread for the 390 […]

  • All Monopiles Installed at South Korea’s 365 MW Offshore Wind Farm

    11 June 2026
    Fixed-Bottom, Foundations, Project Updates, Supply Chain, Wind Farm Update

    All monopile foundations have been installed at the Yeonggwang Nakwol project site in South Korea, where Nakwol Blue Heart (Nakwol Wind) is building a 364.8 MW offshore wind farm. Located off the coast of Nakwol-myeon in Jeollanam-do Province, the offshore wind farm will comprise 64 Vensys wind turbines, each with a capacity of 5.7 MW, and […]

  • Financing in Place for 390 MW Shinan Ui Offshore Wind Project in South Korea

    9 April 2026
    Authorities, Business & Finance, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    South Korea has completed the financial close structure for the 390 MW Shinan Ui offshore wind project, with funding set to begin flowing into construction from the second quarter of 2026. The Financial Services Commission (FSC) announced on 9 April that a project financing agreement has been signed and the full lender group established, marking […]

  • US-Based Developer to Cooperate with Korea’s Hana Group on Financing 3.2 GW Offshore Wind Cluster

    15 June 2026
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    The Korean subsidiary of California-based Pacifico Energy has signed a memorandum of understanding (MoU) with Hana Bank and Hana Securities to develop financing solutions for its 3.2 GW Jindo offshore wind project cluster in South Korea. The agreement covers cooperation on financing across the development, construction and operational phases of the project, including project finance, […]

  • Davi and GS Entec Reach Major Milestone: Site Acceptance Tests (SAT) Successfully Completed in South Korea

    27 May 2026
    Supply Chain

    The collaboration between Davi and GS Entec in the offshore wind sector has reached another significant milestone. Following the successful Factory Acceptance Tests (FAT) in Italy in July 2025, the project has now entered its operational phase with the successful conclusion of the Site Acceptance Tests (SAT) at GS Entec’s facility in South Korea. Efficient […]

  • Haesong Offshore Wind Signs Localisation MoU with Siemens Gamesa and Doosan Enerbility

    1 May 2026
    Business & Finance, Fixed-Bottom, Supply Chain, Wind Turbines

    Haesong Offshore Wind, established by Copenhagen Infrastructure Partners (CIP), has signed a memorandum of understanding (MoU) with Siemens Gamesa Renewable Energy and Doosan Enerbility to strengthen localisation of South Korea’s offshore wind supply chain. The agreement covers cooperation on the Haesong Offshore Wind 1 and 3 projects, with the partners set to explore collaboration across […]

  • CIP Secures 1 GW Across Two Projects in South Korea’s Offshore Wind Auction

    2 July 2026
    Authorities, Business & Finance, Contracts & Tenders, Fixed-Bottom, Floating Wind, Planning & Permitting, Supply Chain

    South Korea has selected five offshore wind projects with a combined capacity of 1,786 MW in its first-half 2026 competitive auction for fixed-price contracts, following bids from nine projects totalling 3,656 MW. According to the Ministry of Climate, Energy and Environment (MCEE), the round achieved a 2:1 competition ratio for the first time since the […]

  • South Korean Cable Maker Buys Cable Laying Vessel from DOF

    14 May 2026
    Cables, Grid Connection, Outlook & Strategy, Vessels

    South Korea’s Taihan Cable & Solution has acquired a 2016-built cable laying vessel (CLV) from Norwegian DOF Group, representing the second offshore wind-dedicated CLV introduced in Korea. The 10,000-tonne class Skandi Connector was designed by Dutch shipbuilder Damen and has to date been deployed on 27 projects, installing approximately 1,300 kilometres of submarine cables, Taihan noted. […]

  • South Korea’s Jeonbuk State Names Preferred Bidder for 800 MW Offshore Wind Project

    29 June 2026
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    A consortium led by Korea Hydro & Nuclear Power (KHNP) has been selected as the preferred bidder for the Jeonbuk Southwestern Offshore Wind Expansion Complex 1 project in a tender promoted by the Jeonbuk State, a special self-governing province of South Korea. The project is an 800 MW offshore wind farm planned as the first phase of […]

  • Korea Midland Power Invests in 390 MW Shinan-Ui Offshore Wind Project, Construction to Start in April

    12 February 2026
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Korea Midland Power Company (KOMIPO) is investing KRW 96.1 billion (about EUR 56 million) in the 390 MW Shinan-Ui offshore wind project, the company said on 11 February. Financing for the offshore wind farm has been secured, and offshore construction is scheduled to begin in April, according to KOMIPO. The offshore wind farm, which will […]

  • Haesong Offshore Wind Signs Supply Chain Agreements with LS Cable, LS Marine Solution, KEPCO E&C

    25 May 2026
    Business & Finance, Cables, Contracts & Tenders, Fixed-Bottom, Supply Chain, Wind Farm Update

    Haesong Offshore Wind has signed preferred supplier agreements (PSAs) with LS Cable & System and LS Marine Solution, alongside a tripartite memorandum of understanding (MoU) with LS Cable & System and KEPCO Engineering and Construction (KEPCO E&C), for its Haesong Offshore Wind 1 and 3 projects in South Korea. According to the company, the agreements […]

  • Korea Getting WTIV Capable of Installing 15 MW Wind Turbines

    6 February 2026
    Vessels

    Hanwha Ocean has secured an order from Ocean Wind Power 1 for a wind turbine installation vessel (WTIV) worth KRW 768.7 billion (approximately EUR 444 million). Scheduled for delivery in the first half of 2028, the new vessel will be the first WTIV in Korea capable of installing 15 MW-class offshore wind turbines, and is […]

  • Principle Power Wins O&M Contract for EFGL Floating Foundations

    15 July 2026
    Operations & Maintenance, Wind Farm Update

    Principle Power has been awarded the Operations and Maintenance (O&M) support contract for the 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) project in the French Mediterranean operated by Ocean Winds (OW) in partnership with la Banque des Territoires. The agreement with EFGL covers the three WindFloat® foundations, which host three Vestas V164-10 MW […]

  • South Korean Cable Maker Takes Delivery of Its Second Cable Laying Vessel

    17 July 2026
    Business & Finance, Cables, Grid Connection, Outlook & Strategy, Vessels

    South Korea’s Taihan Cable & Solution has completed the delivery of its second cable-laying vessel (CLV) ahead of the planned schedule, following the acquisition from Norwegian DOF Group. Taihan reported in May that it had acquired the 2016-built Skandi Connector from DOF, representing the second offshore wind-dedicated CLV introduced in Korea. The 10,000-tonne-class, 138.4-metre-long vessel was […]

  • Vestas Receives Order for South Korean Offshore Wind Project

    29 December 2025
    Business & Finance, Fixed-Bottom, Project Updates, Supply Chain, Wind Farm Update, Wind Turbines

    Vestas has received a wind turbine order for the Shinan-Ui offshore wind project, which marks the company’s first offshore wind order in South Korea. The 390 MW Shinan-Ui will be built off Jeollanam Province by a consortium consisting of Hanwha Ocean, SK Eternix, KOMIPO (Korea Midland Power Co., Ltd.), Future Energy Fund, and Hyundai Engineering […]

  • HD Hyundai Heavy Industries Developing New Floating Substation

    14 January 2026
    Floating Wind, Grid Connection, Offshore Platforms

    The American Bureau of Shipping (ABS) has issued an Approval in Principle (AiP) for a new floating offshore substation design developed by HD Hyundai Heavy Industries (HD HHI). The substation concept received a SMART (SHM) Tier 3 AiP, which acknowledges the proposed structural health management system’s alignment with the Tier 3 requirements in the ABS […]

  • South Korean Ultra-Large Cable Laying Vessel Enters Construction in Türkiye

    6 July 2026
    Business & Finance, Cables, Grid Connection, Outlook & Strategy, Vessels

    Türkiye’s Tersan Shipyard has begun the construction of an ultra-large cable-laying vessel (CLV) for South Korean subsea cable installation company LS Marine Solution. LS Marine Solution signed a contract with Tersan Shipyard for the construction of the vessel in June 2025, representing an investment of approximately EUR 221 million. The CLV, designed by Norwegian Salt Ship Design, will […]

  • Kongsberg Maritime Equipment Ordered for South Korean Cable Laying Vessel

    25 February 2026
    Business & Finance, Equipment, Technology, Vessels

    Norway’s Kongsberg Maritime has been appointed to deliver an integrated technology package for what is said to be South Korea’s first specialised HVDC installation vessel, being built in Türkiye. South Korean subsea cable installation company LS Marine Solution signed a contract with Türkiye’s Tersan Shipyard for the construction of the ultra-large cable laying vessel (CLV) at […]

  • EEW Group Expanding South Korean Foundation Plant

    7 July 2026
    Fixed-Bottom, Foundations, Supply Chain

    The EEW Group is expanding its South Korean plant, EEW KHPC, in Gwangyang, Jeollanam-do Province, to meet the growing demand for offshore wind foundations in Southeast Asia and further expand its capacities. The production site is already specialized in the manufacture of foundation components with unit weights of up to 900 tons, EEW Group said. […]