875 results found for 'south korea'

875 results found for 'south korea'
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  • Vestas and Maersk to Build Offshore Wind Hub in South Korea

    22 April 2024
    Business & Finance, Business development, Collaboration, Infrastructure, Jobs & Recruitment, Outlook & Strategy, Supply Chain, Wind Turbines

    Wind turbine manufacturer Vestas has revealed plans to build a nacelle factory and a logistic base for offshore wind turbines in South Korea in partnership with A.P. Moller – Maersk. The plan, part of a wider agreement, is dependent on the pace of market growth and awarded volume for Vestas, the company said. Other signatories […]

  • Posco Power, SK E&S to Enter Wind Power Project in South Korea

    7 November 2011
    Business & Finance

    Posco Power Corp., SK E&S Co. and Korea District Heating Corp.  will join a 20 trillion won wind- power project in Jeolla province, South Korea…  (bloomberg) [mappress] Source: bloomberg, November 07, 2011;

  • Northland Power Identifies Additional Offshore Wind Sites in South Korea

    31 March 2020
    Business & Finance

    Northland Power has identified additional offshore wind development sites in the proximity of Dado Ocean’s original sites in South Korea, which could increase the development capacity to approximately 1GW. These early-stage development sites will be developed together over the coming years, Northland Power stated. The company has also closed the previously announced acquisition of Dado […]

  • Vestas Secures Offshore Wind Turbine Order in South Korea

    29 December 2023
    Business & Finance, Project Updates, Supply Chain, Wind Farm Update, Wind Turbines

    Vestas has signed a preferred supplier agreement with Hanwha Corporation E&C Division for the 390 MW Shinan Ui offshore wind project in Shinan County, South Jeolla Province, South Korea. The project is developed by Shinan Ui Offshore Wind, a special-purpose company established by Hanwha Corporation E&C Division, SK D&D, and KOEN. If the project materialises, […]

  • Lithium-Ion Batteries Part of New 1.5 GW Offshore Wind Project in South Korea

    4 January 2022
    Wind Farm Update

    Singapore-headquartered subsea engineering company G8 and South Korean industrial business group Holim Tech have entered into an agreement to develop a 1.5 GW of offshore wind project paired with lithium-ion energy storage system in South Korea. “We are pleased to initiate the commercial execution of this significant project after detailed evaluation and planning, with local […]

  • LOC Expands Further in Asia with New South Korea Operation

    1 May 2014

    LOC has further expanded its footprint in Asia, successfully registering LOC Seoul and opening the company’s first office in South Korea. “Initially concentrating on the vibrant energy markets, our ultimate objective is for LOC Seoul to cover all aspects of our work,” said Captain Jon Walker, Regional Head of Asia for the LOC Group. “We […]

  • South Korea to Tender 1.25 GW Fixed-Bottom Offshore Wind in First Half of 2025

    27 May 2025
    Authorities, Planning & Permitting

    South Korea’s Energy Agency has announced a competitive bidding for offshore wind projects with a capacity of 1.25 GW and 1 GW solar projects in the first half of 2025. The offshore wind tender for the first half of this year will focus on fixed-bottom projects. Out of the total 1.25 GW capacity, 500 MW […]

  • China and South Korea in Pursuit of Offshore Wind Power

    22 April 2011
    R&D

    China and South Korea have recently been actively pursuing the introduction of offshore wind power generation. Both countries appear to… (shimbun) [mappress] Source: shimbun, April 22, 2011;

  • Ørsted Secures 1.6 GW Offshore Wind Capacity in South Korea

    30 November 2023
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Ørsted has secured an Electricity Business License (EBL) from the Ministry of Trade, Industry and Energy of the Republic of Korea for the 1.6 GW Incheon offshore wind project. The license grants Ørsted exclusive development rights for its gigawatt-scale Incheon offshore wind project which is set to become the largest in Korea on completion and […]

  • Samsung heavy Industries wins $800 m ship building orders (USA)

    11 October 2010
    Business & Finance, Technology

    Samsung Heavy Industries Co., South Korea’s third-largest shipbuilder, said Thursday that it has obtained two orders worth a combined US$800…   (tradingmarkets) [mappress] Source: tradingmarkets,October 11, 2010;

  • Ørsted Making Offshore Wind Moves in South Korea

    17 January 2022
    Business & Finance, Wind Farm Update

    Ørsted and Korea Southern Power (KOSPO), Korea’s state-owned utility provider, have signed a memorandum of understanding (MoU) to jointly develop an 800 MW offshore wind project in Ongjin county, Incheon. The 800 MW offshore wind project is part of the 1.6 GW Incheon projects. In addition, the total investment for the Incheon offshore wind projects […]

  • South Korea: Delegates Come Together to Prepare for CEM4

    11 February 2013

    Although significant progress has been made to advance clean energy solutions, a staggering amount of work remains in order to achieve the goal of transforming to a global clean energy economy. Those were key messages coming out of the recent preparatory meeting for the fourth Clean Energy Ministerial (CEM4) held in Seoul, Korea. The meeting […]

  • RWE Confirms Delay of Two Wind Turbine Installation Vessels (South Korea)

    15 February 2012

    RWE Innogy, a German power company, has confirmed a six-month delay for two new ‘Seabreeze’ wind turbine installation ships. Built at South Korea’s Daewoo Shipbuilding yard, the vessels are to be used for the North Sea and Irish Sea windfarm installations. Hans Bunting, RWE’s CFO said: “There were quality problems with the hydraulic jack-up system […]

  • South Korea to Get Its Largest Offshore Wind Farm

    14 March 2013

    South Korea will get its largest offshore wind farm off the coast of Ulsan, if the Ulsan Metropolitan City approves a proposal submitted this month by SK Engineering & Construction Co. and Kepco Engineering & Construction Co., according to Bloomberg. The construction is scheduled to start in 2015, subject to approval, and the offshore wind […]

  • CS Wind Vietnam Rolls Out First Towers for South Korean Offshore Wind Farm

    15 April 2024
    Manufacturing, Project Updates, Supply Chain, Wind Farm Update, Wind Turbines

    CS Wind’s yard in Ba Ria Vung Tau, Vietnam, has produced the first wind turbine tower for an offshore wind farm that Copenhagen Infrastructure Partners (CIP) and SK E&S are building in South Korea. According to a social media post by Stuart Livesey, CEO of Copenhagen Offshore Partners (COP) Vietnam, CS Wind is manufacturing towers […]

  • South Korea to launch huge offshore wind project

    20 September 2010
    Authorities, Business & Finance

    Following the completion of the first-stage construction of 20 test wind turbines in 2013, instead of 2012, the government will build an “experimental wind farm complex” with 200 five-megawatt wind turbines.

  • Equinor Contracts DNV to Verify Substation FEED Work for South Korean Floating Wind Farm

    16 April 2024
    Floating Wind, Grid Connection, Offshore Platforms, Project Updates, Wind Farm Update

    Equinor has selected DNV to provide verification services for FEED (Front-End Engineering and Design) of the substation for the 750 MW Firefly/Bandibuli floating wind farm in South Korea. Announcing the contract for the South Korean project, DNV said that designing and installing floating substations present distinct challenges, including the need for high-voltage dynamic cables and […]

  • 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 […]

  • South Korea’s SeAH to Build Monopile Factory in UK

    18 September 2020
    Business & Finance, Jobs & Recruitment, Ports & Logistics

    SeAH has signed an exclusive Memorandum of Understanding with Able UK to use the Able Marine Energy Park development to establish a monopile production facility on the South Bank of the Humber. The South Korean steel tube manufacturer’s facility could potentially create around 400 jobs. Currently, there are no monopile production facilities in the UK. […]

  • COWI Moves from FEED to Detailed Design on South Korean Offshore Wind Project

    7 November 2023
    Contracts & Tenders, Fixed-Bottom, Foundations, Project Updates, Supply Chain, Wind Farm Update

    After completing the work as the owner’s engineer delivering the front-end engineering design (FEED) for the Anma offshore wind project in South Korea, COWI has been awarded a detailed design contract for the 532 MW offshore wind farm. The Denmark-headquartered company has delivered FEED design for the wind turbine foundations and will now work on the […]

  • South Korea to Get Largest Wind Farm in Asia

    27 April 2012
    Business & Finance

    Dongyang Engineering & Construction Corp. signed an initial deal with local authorities to build two wind farms in a renewable energy complex in southwesternKorea, reported Yonhap News. That will increase power generation capacity of the complex, the largest one in Asia which is located 410 kilometers south ofSeoul, to 87 MW. The local builder and […]

  • Rare Earth Elements Supply Under Pressure Due to Asia Wind Farm Projects

    16 November 2011
    Business & Finance

    China and South Korea’s planned investment in offshore wind farms, amounting close to $25 billion in the near future, could also affect on rare earths production… By Christine Gaylican (ibtimes) [mappress] Source: ibtimes, November 16, 2011

  • ODE, DongYang Engineering to Develop Substation Design for Korean Offshore Wind Farms

    2 September 2021
    Business & Finance

    UK-based Offshore Design Engineering Limited (ODE), part of the DORIS Group, and Korean engineering company DongYang Engineering (DYE) plan to jointly develop an offshore substation design specifically for Korean offshore wind farms. The plan is part of the business development activities and the execution of engineering services the two companies will jointly undertake under a […]

  • 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, […]

  • 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 […]

  • South Korea Launches ‘First’ Offshore Wind Installation Vessel

    14 June 2023
    Infrastructure, Vessels

    Hyundai Engineering & Steel Industries has launched South Korea’s “first” offshore wind installation vessel, named the Hyundai Frontier. The 14,000-tonne vessel is 85 metres long, 41 metres wide, and 6.5 metres high. Hyundai Frontier is equipped with a dynamic position system that maintains an accurate position in the sea where the influence of current speed […]