832 results found for 'south korea'

832 results found for 'south korea'
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  • DNV Hired as Technical Advisor on 400 MW South Korean Offshore Wind Project

    20 August 2025
    Business & Finance, Project Updates, Wind Farm Update

    DNV has signed a two-year contract with South Korea’s Kolon Global Corporation to provide owner’s engineering services for the 400 MW Wando Jangbogo offshore wind project. DNV’s scope of work comprises advisory services on turbine selection, including project management support, tender preparation, bid evaluation, and contract negotiation. DNV’s role is expected to enhance the project’s […]

  • Samsung Heavy Industries 15 MW Floating Wind Platform Gets KR Nod

    10 September 2025
    Floating Wind, R&D, Technology

    Korean Register has awarded an Approval in Principle (AiP) for Samsung Heavy Industries’ newly developed next-generation floating offshore wind substructure, capable of supporting 15 MW turbines. Samsung Heavy Industries has designed the SnapWindFloat, a floating substructure capable of supporting up to 15 MW offshore wind turbines. The substructure is stabilised by a minimum of three […]

  • CIP Plans New 1 GW Offshore Wind Farm in Korea, Selects LS Marine Solution as Preferred Cable Installation Supplier

    12 June 2025
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Project Updates, Supply Chain, Wind Farm Update

    Copenhagen Offshore Partners (COP) and LS Marine Solution have signed a preferred supplier agreement (PSA) for the 1 GW Haesong offshore wind farm in South Korea, which COP is developing on behalf of Copenhagen Infrastructure Partners (CIP). Under the agreement, LS Marine Solution is the preferred supplier for subsea cable installation work, encompassing a broader […]

  • South Korea Unveils Plans for Massive 3.2 GW Offshore Wind Project

    7 May 2025
    Authorities, Business development, Planning & Permitting, Research & Development

    On 22 April, South Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced that a massive 3.2 GW offshore wind cluster will be developed in Sinan-gun, South Jeolla Province. The South Korean ministry designated the proposed cluster as an integrated complex after a meeting of the New and Renewable Energy Expert Committee. The offshore wind […]

  • LS Cable & System Preferred Supplier for 1 GW South Korean Offshore Wind Farm

    3 July 2025
    Business & Finance, Cables, Grid Connection

    LS Cable & System has been named the preferred supplier of subsea cables for the 1 GW Haesong offshore wind farm in South Korea. LS Marine Solution, a subsidiary of LS Cable & System, was also selected as the preferred bidder for installation works. Together, the two companies will deliver a fully integrated solution, from […]

  • Largest Privately Led Offshore Wind Farm in South Korea Enters Commercial Operation

    21 May 2025
    Fixed-Bottom, Project Updates, Wind Farm Update

    The 96 MW Jeonnam 1 offshore wind project, owned by a joint venture between Copenhagen Infrastructure Partners (CIP) and SK Innovation E&S, has officially commenced commercial operation in South Korea. Copenhagen Offshore Partners, exclusive offshore wind development partner to CIP, has co-led project development activities for Jeonnam 1 on behalf of the project’s owners. Jeonnam […]

  • Esvagt, KMC Line Form South Korean Offshore Wind Joint Venture

    12 May 2025
    Business & Finance, Industry

    On 12 May, Denmark’s offshore shipping company Esvagt and KMC Line signed a joint venture agreement focused on the South Korean offshore wind market. Through a joint venture partnership with the Korean shipping company, Esvagt will deploy its knowledge in the growing South Korean offshore wind market, where current plans include as much as 18.3 […]

  • Equinor Selects Ekwil’s Semi-Submersible Floating Foundation for South Korean Project

    19 June 2025
    Contracts & Tenders, Floating Wind, Foundations, Supply Chain

    Equinor has selected Ekwil’s INOC semi-submersible floating foundation technology for its 750 MW Firefly/Bandibuli floating offshore wind project in South Korea. The project builds on early design work initiated in 2022 through the Front-End Engineering Design (FEED) delivered by Technip Energies and Inocean. Engineered to support Siemens Gamesa’s 15 MW turbines, the INOC semi-submersible floating […]

  • 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 […]

  • Floating LiDAR Deployed at South Korea’s Admiral Lee Wind Farm Site

    18 June 2025
    Business development, Project Updates, Research & Development, Wind Farm Update

    A Floating Light Detection and Ranging (FLiDAR) system has been installed at the Admiral Lee offshore wind farm site in South Korea. The FLiDAR system, which is a critical component for the project’s wind resource and environmental data collection, was installed by Seatech on 12 June 2025. Positioned off the coast of Yeosu, the system […]

  • South Korea Awards 689 MW of Offshore Wind Projects, Favours Domestic Turbine Technology

    3 September 2025
    Authorities, Business & Finance, Contracts & Tenders, Planning & Permitting, Supply Chain, Wind Turbines

    South Korea has awarded 689 MW of offshore wind projects in the competitive tender for fixed-bottom offshore wind organised in the first half of 2025, the Ministry of Trade, Industry and Energy (MOTIE) and the Korea Energy Agency (KEA) said on 1 September. Earlier this year, KEA announced that the tender offering an offshore wind […]

  • Taihan Cable & Solution Wins Anma Inter-Array Cable Contract

    4 August 2025
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Supply Chain

    Taihan Cable & Solution has won a turnkey contract for the supply and installation of inter-array cables at the 532 MW Anma offshore wind farm in South Korea. The contract, valued at approximately KRW 181.6 billion (about EUR 113 million), is planned to run until the end of 2028. Under the contract, Taihan will oversee […]

  • Construction of ‘Asia’s Largest HVDC Cable Facility’ Wraps Up

    21 July 2025
    Business & Finance, Business development, Cables, Grid Connection, Infrastructure, Outlook & Strategy, Transition

    South Korean subsea cable manufacturer LS Cable & System has completed the construction of what it says is the largest high-voltage direct current (HVDC) cable production facility in Asia. LS Cable & System announced on 16 July that it had completed the construction of its fifth submarine cable plant in Donghae-si, Gangwon-do, more than quadrupling […]

  • Ørsted, KOEN to Explore Co-Development of 1.4 GW South Korean Offshore Wind Project

    29 September 2025
    Business & Finance, Fixed-Bottom, Project Updates

    Ørsted has signed a Memorandum of Understanding (MoU) with Korea South-East Power (KOEN) to explore KOEN’s potential participation in the development of Ørsted’s 1.4 GW Incheon offshore wind project in South Korea. Located approximately 70 kilometres off the coast of Incheon, the 1.4 GW project is the first offshore wind farm developed by Ørsted in […]

  • LS Cable & System Signs Contracts for 532 MW Offshore Wind Farm in South Korea

    11 July 2025
    Business & Finance, Cables, Contracts & Tenders, Grid Connection, Supply Chain

    LS Cable & System and its subsidiary LS Marine Solution have won contracts for the supply and installation of cables for the 532 MW Anma offshore wind project in South Korea. The contracts are worth KRW 255 billion (approximately USD 185 million). LS Marine Solution will be responsible for laying the submarine cables that will […]

  • Taihan Completes Export Cable Installation at 364.8 MW South Korean Offshore Wind Farm

    15 July 2025
    Cables, Fixed-Bottom, Grid Connection, Project Updates, Wind Farm Update

    Taihan Cable & Solution has completed the installation of export cables for the 364.8 MW Yeonggwang Nakwol offshore wind project in South Korea. The export cable installation, covering two 28-kilometre lines and carried out by Taihan’s cable-laying vessel (CLV) PALOS, was performed in two phases. The first phase took place over two weeks in mid-May, […]

  • South Korean Companies Enter Offshore Wind Partnership

    19 August 2025
    Business & Finance, Business development, Collaboration, Outlook & Strategy, Research & Development, Vessels

    Korea-headquartered Hanwha Ocean has signed a memorandum of understanding (MoU) with its compatriot Hyundai Engineering & Construction (Hyundai E&C) to strengthen the country’s offshore wind supply chain and promote localisation. Through this MoU, the two companies agreed to establish a domestic offshore wind engineering, procurement, and construction (EPC) partnership, starting with the Shinan Ui offshore […]

  • Ørsted Partners with South Korean Steelmaking Giant on 1.4 GW Incheon Wind Project

    26 September 2025
    Business & Finance, Collaboration, Fixed-Bottom, Outlook & Strategy, Project Updates, Wind Farm Update

    Ørsted has signed a Memorandum of Understanding (MoU) with South Korea’s steelmaking giant POSCO Group to explore a partnership on the 1.4 GW Incheon offshore wind project. Under the agreement, POSCO Group will explore supplying high-strength steel for offshore wind foundations and towers while collaborating on engineering, procurement, construction, and installation (EPCI), including both onshore […]

  • 500 MW South Korean Offshore Wind Farm Secures Power Purchase Agreements

    9 September 2025

    Taean Wind Power, a joint venture between Copenhagen Infrastructure Partners (CIP) and Vena Energy, has signed Power Purchase Agreements (PPAs) totalling 500 MW for its offshore wind project in South Korea. The agreements cover 300 MW with Korea West Power and 200 MW with Gangneung Eco Power. “This milestone secures the long-term power offtake for […]

  • Deep Wind Receives First Electricity Business Licence for Offshore Wind Project in South Korea

    3 July 2025
    Fixed-Bottom, Project Updates, Wind Farm Update

    Deep Wind Offshore has secured an Electricity Business Licence (EBL) from Korea’s Electricity Regulatory Commission for 345 MW from its 1.5 GW Admiral Lee offshore wind project. According to the developer, this is planned to be the first of several EBLs and marks the entry of the large-scale project into its next development phase. Deep […]

  • Haesong Offshore Wind, KEPCO Partner on Smart Fault Detection Tech for Subsea Cables

    22 October 2025
    Business & Finance, Cables, Contracts & Tenders, Fixed-Bottom, Grid Connection, Project Updates, Supply Chain, Wind Farm Update

    South Korea’s Haesong Offshore Wind has signed a Memorandum of Understanding (MoU) with Korea Electric Power Corporation (KEPCO) to introduce Smart Fault Locator (SFL) technology for submarine cable fault detection. The Haseong Offshore Wind 1-3 projects are managed and funded by Copenhagen Infrastructure Partners (CIP), while project development, including implementation, permitting, and technical development, is […]

  • MunmuBaram and South Korean Fishery Authority Agree on Wind Farm Impact Study

    24 July 2025
    Business development, Environment, Floating Wind, Research & Development

    The developer of the MunmuBaram floating offshore wind farm in South Korea has signed a memorandum of understanding (MoU) with the Ulju Fishery Committee to enhance cooperation and carry out a fishery impact survey as part of its project development. This agreement sets out plans for MunmuBaram to assess the potential impacts on fishing activities, […]

  • Hexicon’s MunmuBaram, Ulsan City Ink Floating Offshore Wind LOI

    9 September 2025
    Business & Finance, Collaboration, Floating Wind, Outlook & Strategy

    The developer behind the MunmuBaram floating offshore wind farm in South Korea has signed a Letter of Intent (LOI) with the Ulsan Metropolitan City to strengthen cooperation in developing the floating offshore wind industry and support regional economic growth. Under the agreement, Ulsan City will foster a supportive environment to encourage investment and project execution, […]

  • LS Marine Solution to Install Cables at 390 MW South Korean Offshore Wind Farm

    9 July 2025
    Business & Finance, Contracts & Tenders, Supply Chain

    LS Marine Solution has been selected as the preferred bidder for the submarine cable installation work at the Shinan Ui offshore wind project in South Korea. The 390 MW offshore wind farm is being developed by a consortium led by Hanwha Ocean and SK Eternics. Construction is scheduled to begin in 2025, with submarine cable […]

  • Global Offshore Wind Capacity Reaches 83 GW, 100 GW More to Be Awarded in 2025-2026, New Report Says

    1 August 2025
    Business & Finance, Business development, Fixed-Bottom, Floating Wind

    According to a new market report from the Global Wind Energy Council (GWEC), there are now 83 GW of offshore wind capacity installed globally, with 48 GW more in the construction phase worldwide as of May this year. “Our report finds that there is now already 83 GW of offshore wind installed worldwide, keeping the […]

  • LS Marine Solution Invests EUR 221 Million in New High-Spec Cable Laying Vessel

    2 June 2025
    Business & Finance, Business development, Cables, Grid Connection, Vessels

    South Korean subsea cable installation company LS Marine Solution is investing KRW 345.8 billion (approximately EUR 221 million) in a cable laying vessel (CLV) with a load capacity of 13,000 tonnes. The company said on 27 May that the decision to invest in the new CLV comes as LS Marine Solution aims to expand its […]