838 results found for 'south korea'

838 results found for 'south korea'
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  • Deep Wind Offshore Brings Local Partner Onboard South Korean Projects

    25 March 2025
    Business & Finance, Collaboration, Outlook & Strategy

    Norway’s Deep Wind Offshore has signed a partnership agreement with Korea Hydro and Nuclear Power (KHNP) to jointly develop the Admiral Lee and Abalone offshore wind projects in South Korea. The signing ceremony took place in Oslo, accompanied by the Ambassador of the Republic of Korea to Norway, Seo Min-Jeong, and Jo Sletbak from the […]

  • Vena Energy Plans USD 200 Million Investment in 384 MW Offshore Wind Project in South Korea

    25 March 2025
    Business & Finance, Fixed-Bottom

    Vena Energy has decided to invest in a 384 MW offshore wind project located in South Korea’s South Gyeongsang Province. The investment includes USD 200 million (approximately EUR 184 million) for the Yokji offshore wind farm, which is being developed 10 kilometres to the west of Yokji island and 10 kilometres east of the Namhae […]

  • Siemens Gamesa to Make 14 MW Offshore Wind Turbine Nacelles in South Korea

    12 March 2025
    Business & Finance, Equipment, Infrastructure, Supply Chain, Wind Turbines

    Doosan Enerbility will build a factory for the production of Siemens Gamesa’s 14 MW offshore wind turbines in South Korea. On 11 March, Doosan Enerbility signed an Early Works Agreement with Siemens Gamesa that will see the company design and build a production factory in Changwon, South Korea. Siemens Gamesa will promote technology transfer and […]

  • Norwegian floating offshore wind companies optimistic about the industry’s future

    25 March 2025
    Collaboration, Floating Wind, Industry, Market Outlooks, Outlook & Strategy, Supply Chain

    It’s no secret that in 2025, a few stubborn obstacles have slowed the anticipated pace of floating offshore wind development. Some are economic, while others are bureaucratic. But the hurdles only serve to motivate Norwegian wind energy companies, which are tackling industry challenges one innovation at a time with full confidence in floating wind’s future. […]

  • Ocean Winds Secures License for 1,125 MW South Korean Offshore Wind Farm

    7 March 2025
    Authorities, Fixed-Bottom, Planning & Permitting

    Ocean Winds, a joint venture between ENGIE and EDP Renewables, has secured an electric business license (EBL) for the 1,125 MW Hanbando fixed-bottom offshore wind project in South Korea. The license has been granted by the Electricity Regulatory Commission under the Ministry of Trade, Industry, and Energy (MOTIE). The EBL grants the offshore wind project […]

  • Deep Wind Offshore and BP’s South Korean Wind Project Moves Forward

    12 March 2025
    Authorities, Fixed-Bottom, Planning & Permitting

    Deep Wind Offshore Korea has secured a Public Waters Occupancy and Use Permit (PWOP) for the up to 1.5 GW Abalone offshore wind farm. According to Deep Wind Offshore, the approval marks a crucial step forward, allowing the developer to advance with further offshore investigations and accelerate project development, which is planned to be located […]

  • LS Cable & System Subsidiaries to Focus on Offshore Wind

    24 March 2025
    Business & Finance, Cables, Vessels

    South Korean subsea cable manufacturer LS Cable & System has decided to expand its offshore wind business with plans to maximise the synergistic effect of cooperating with its subsidiaries to deliver solutions to the offshore wind industry. Starting on 24 March with its subsidiary LS Materials, four LS Cable & System subsidiaries plan to reflect […]

  • Davi reinforces leadership in wind energy sector with record sales in 2024

    11 March 2025
    Business & Finance, Business development, Technology, Wind Turbines

    In an affirmation of its industry leadership, Davi has once again set a benchmark in the wind energy sector by selling 30 complete rolling solution lines in 2024. These sales represent real partnerships where Davi provided customized solutions tailored to the specific needs of each client. Global footprint in wind energyDavi’s rolling lines, equipped with […]

  • Fabrication Starts on Germany’s First 2 GW Offshore Grid Connection System

    3 March 2025
    Grid Connection, Offshore Platforms

    The first steel has been cut for BalWin4, Germany’s first 2 GW offshore grid connection, at Sangsangin Ship Machinery’s factory in South Korea. The fabrication of the foundation for the topside that will later bring renewable energy from the North Sea to Germany has started. According to Daniel Birkenstock, project director at TenneT, this is […]

  • ‘Largest US Subsea Cable Factory’ Breaks Ground

    29 April 2025
    Cables, Grid Connection, Infrastructure, Onshore Infrastructure

    Construction work on LS Cable & System’s manufacturing facility for high-voltage direct current (HVDC) subsea cables in Virginia, the US, has started. LS Cable & System announced that its US subsidiary, LS GreenLink, had held a groundbreaking ceremony for what the company says will be the largest factory of this kind in the United States. […]

  • Deep Wind Offshore Secures Permit for Up to 1.5 GW South Korean Project

    21 January 2025
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Deep Wind Offshore Korea has secured a Public Waters Occupancy and Use Permit for its Admiral Lee offshore wind project in South Korea. “This achievement marks an essential step forward in our mission to advance renewable energy development in South Korea. The permit allows us to complete offshore lidar measurements, a critical component in assessing […]

  • 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 […]

  • OEG Renewables, COENS Partner for South Korean Offshore Wind Projects

    22 January 2025
    Business & Finance

    OEG Renewables and COENS have signed a memorandum of understanding (MoU) to collaborate on offering pre-construction, construction, installation, and operations and maintenance (O&M) services to offshore wind projects in South Korea. The partnership between OEG and South Korea’s COENS combines OEG’s knowledge in delivering offshore energy solutions and COENS’ local capabilities and resources to target […]

  • 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 […]

  • Tidal Transit Signs South Korean Offshore Wind MoU

    27 January 2025
    Business & Finance, Vessels

    UK-headquartered Tidal Transit has signed a memorandum of understanding (MoU) with Singapore’s Britoil Offshore Services and Sky Offshore to develop, fund, build, and operate offshore support vessels for the South Korean offshore wind industry. South Korea has set a nationwide goal of reaching 14.3 GW of offshore wind capacity by 2030. “South Korea is fast […]

  • 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 […]

  • 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. […]

  • 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, […]

  • CIP and Vena Energy’s South Korean Offshore Wind Farm Secures Offtake Contract

    24 January 2025
    Authorities, Business & Finance, Fixed-Bottom, Planning & Permitting

    Taean Wind Power, a joint offshore wind project between Copenhagen Infrastructure Partners (CIP) and Vena Energy, has secured a fixed-price offtake contract in South Korea, with commercial operations expected to begin by late 2029. The 500 MW offshore wind project has been awarded an offtake contract in the 2024 wind power fixed-price contract auction arranged […]

  • Corio Inks Offshore Wind Cooperation Agreement with South Korean Fisheries

    23 January 2025
    Business & Finance, Business development, Collaboration, Fixed-Bottom, Outlook & Strategy, Research & Development

    Corio Generation has signed a cooperation agreement with South Korea’s National Federation of Fisheries Cooperatives (Suhyup) and the Western Busan Fisheries Committee (WBFC) for the 96 MW Dadaepo offshore wind project, currently under development in Busan, South Korea. With this agreement, a mutual cooperation plan will be developed to ensure transparency and fairness with local […]

  • 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. […]

  • 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 […]