849 results found for 'south korea'

849 results found for 'south korea'
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  • 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 […]

  • 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 […]

  • Developer Confidence in Floating Offshore Wind Declines, Survey Finds

    22 May 2025
    Business development, Floating Wind, Research & Development

    Developers are losing confidence in floating offshore wind, citing delivery delays, investment risks, and policy uncertainty as key concerns, new research from Westwood Global Energy Group (Westwood) revealed. Westwood polled 166 stakeholders across the global floating offshore wind value chain, including engineers, product developers, government organisations, and the broader supply chain. The results of the […]

  • Deep Wind Offshore, Dongyang Sign MoU on Offshore Wind in South Korea

    16 April 2025
    Business & Finance, Fixed-Bottom

    Deep Wind Offshore (DWO) and South Korean marine services company Dongyang have signed a Memorandum of Understanding (MOU) under which the two companies will collaborate to support the offshore wind industry in South Korea. “This MOU represents a key step in building a strong regional collaboration framework to support offshore wind development along Korea’s southern […]

  • LS Marine Solution Inks Contract for Taipower Offshore Wind Project Phase II

    29 April 2025
    Business & Finance, Cables, Contracts & Tenders, Grid Connection, Supply Chain

    South Korea-based LS Marine Solution has signed a contract, worth approximately USD 15.8 million (about EUR 13.8 million), to lay submarine cables for the Taipower Offshore Wind Project Phase II (TPC Changhua Phase II) in Taiwan. According to the company, the contract marks LS Marine Solution’s first win in overseas power grid projects and the […]

  • Lautec Bags Inspection Deal for 495 MW Taiwanese Offshore Wind Project

    1 May 2025
    Business & Finance, Contracts & Tenders, Jobs & Recruitment, Supply Chain

    Lautec has been awarded a consultancy framework agreement for inspection services for the 495 MW Fengmiao 1 offshore wind farm in Taiwan. As part of the agreement, Lautec will provide fabrication supervisors, quality inspectors, and HSE inspectors to oversee fabrication and construction quality throughout the manufacturing phase. The company will be responsible for ensuring that […]

  • SK Oceanplant Starts Manufacturing Foundations for CIP’s Fengmiao 1 Offshore Wind Farm

    23 April 2025
    Fixed-Bottom, Foundations, Manufacturing, Project Updates, Supply Chain, Wind Farm Update

    SK oceanplant has started the production of jacket foundations that will be installed on the 495 MW Fengmiao 1 offshore wind farm in Taiwan. SK oceanplant announced today (23 April) that it held a ceremony for the offshore wind project at its yard in Goseong County, South Gyeongsang Province, South Korea. The jacket foundations will […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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. […]

  • CS Wind Offshore to Make Job Cuts in Odense

    23 April 2025
    Business & Finance, Jobs & Recruitment

    Denmark-based CS Wind Offshore has announced it is contemplating the layoff of approximately 220 employees at its Odense Port facility due to recent offshore wind project cancellations and market challenges. According to the company, several offshore wind projects are being either postponed or cancelled due to political interventions and unfavourable terms of business cases, which […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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 […]

  • ODE, Hanmi Win New Offshore Wind Contract in South Korea

    28 March 2022
    Contracts & Tenders

    International engineering and technical service provider Offshore Design Engineering (ODE) Ltd, together with South Korean project management company Hanmi Global, has been awarded with an Owner’s Engineer contract for a 400 MW offshore wind farm in South Korea by an unnamed client. ODE and HanmiGlobal are partnering for owner’s engineer services for the first time […]