832 results found for 'south korea'

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

  • ‘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. […]

  • 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 […]

  • Korea-Flagged Geotechnical Survey Vessel in New Guise Hits the Water (Gallery)

    16 April 2025
    Business & Finance, Business development, Collaboration, Outlook & Strategy, Vessels

    Adira Renewables, the wholly-owned subsidiary of Singapore’s offshore services provider Kim Heng and Soiltech Engineering Co Ltd Korea (STE), has launched a geotechnical survey vessel, rebuilt/converted in 2024, into the water. Kim Heng announced today, 15 April, the completion of the christening ceremony for Bridgewater Discovery, a DP2 geotechnical survey vessel measuring 76 metres in length […]

  • Balmoral Comtec Enters Agreement for Korea’s 750 MW Floating Wind Project

    17 February 2025
    Cables, Contracts & Tenders, Floating Wind, Grid Connection, Supply Chain

    Balmoral Comtec, part of Balmoral Group, has signed a memorandum of understanding (MoU) with LS Cable & System and LS Marine Solution to collaborate in the floating offshore wind sector and on the 750 MW Bandibuli/Firefly project in South Korea. The agreement with the Scotland-based buoyancy, protection, and insulation services provider follows LS Cable & […]

  • Cadeler’s Wind Maker Arrives in Taiwan Ahead of Work at Ørsted’s Greater Changhua 2b & 4 Sites

    19 March 2025
    Vessels

    Cadeler’s recently delivered wind turbine installation vessel, Wind Maker, has arrived in Taichung, Taiwan, from where it will sail out to the Greater Changhua 2b and 4 offshore wind project sites. Wind Maker set sail from Singapore and has arrived in Taichung, marking an important milestone for the Greater Changhua 2b and 4 offshore wind […]

  • Greater Changhua 2b & 4 Offshore Substation Topside En Route to Taiwan

    12 February 2025
    Fixed-Bottom, Grid Connection, Offshore Platforms, Project Updates, Wind Farm Update

    The offshore substation topside for Ørsted’s Greater Changhua 2b and 4 wind farms has departed from Singapore and is en route to Taichung Port in Taiwan. The construction of the offshore substation that will be installed at the Greater Changhua 2b and 4 wind farm sites commenced in 2023 at Seatrium‘s Pioneer yard in Singapore. […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Cadeler Takes Delivery of First M-Class Vessel, Signs Contracts for Second Unit

    3 February 2025
    Business & Finance, Contracts & Tenders, Operations & Maintenance, Supply Chain, Vessels

    The first of two M-class wind installation vessels, named Wind Maker, has been delivered to Denmark-headquartered Cadeler. The company has also signed the first contracts for its second M-class vessel, Wind Mover. Cadeler, a provider of offshore wind installation, operations and maintenance services, celebrated the naming of Wind Maker at the Hanwha Ocean shipyard in […]

  • CIP Signs Fengmiao 1 Offshore Installation Contracts with Van Oord, CSBC-DEME JV

    13 January 2025
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Project Updates, Supply Chain, Vessels, Wind Farm Update

    Copenhagen Infrastructure Partners (CIP) has contracted the Dutch offshore construction company Van Oord and the joint venture between Belgian offshore construction specialist DEME and Taiwan’s largest shipbuilder CSBC for installation work at the Fengmiao 1 offshore wind farm in Taiwan. Van Oord’s contract covers the transport, installation and burial of the 33 inter-array cables, with […]

  • Hexicon Signs Second Credit Facility Extension to Support Company During Planned Divestments

    3 January 2025
    Business & Finance, Floating Wind

    Swedish floating wind developer Hexicon has extended a credit facility the company secured earlier to provide support during a period of planned divestments until 30 June 2025. For financing, which amounts to SEK 75 million (approximately EUR 6.6 million), Hexicon signed an agreement with Wallstreet Aktiebolag, part of the Wallenius Group, and a group of […]

  • All Turbines Up at First South Korean Commercial-Scale Offshore Wind Farm

    18 December 2024
    Fixed-Bottom, Project Updates, Supply Chain, Wind Farm Update, Wind Turbines

    The final wind turbine has been installed at the Jeonnam 1 offshore wind farm in South Korea, the project’s wind turbine supplier Siemens Gamesa said via social media on 18 December. Jeonnam 1, which has a nominal installed capacity of 96 MW, features Siemens Gamesa SG 10.0-193 DD wind turbines and is expected to provide enough […]

  • LS Cable & System, Jan De Nul, and Denys to Supply Cables for TenneT’s German Grid Connection Project

    2 January 2025
    Business & Finance, Cables, Grid Connection, Offshore Platforms, Onshore Infrastructure

    A consortium comprising LS Cable & System, Jan De Nul, and Denys has received a letter of allocation (LOA) from German/Dutch transmission system operator (TSO) TenneT for the supply of high-voltage direct current (HVDC) cables for the BalWin5 grid connection project in Germany. Under the LOA, the consortium will be responsible for the manufacture, transport, […]

  • South Korea Awards Nearly 1.9 GW of Offshore Wind Capacity

    19 December 2024
    Authorities, Fixed-Bottom, Floating Wind, Planning & Permitting

    South Korea’s Ministry of Trade, Industry, and Energy (MOTIE) has awarded a total of 1,886 MW in capacity across four fixed-bottom offshore wind projects and one floating wind project. The projects that were awarded: the 532 MW Anma Offshore Wind (both phases), the 500 MW Taean (Vena Energy and Copenhagen Infrastructure Partners), the 104 MW […]

  • Hexicon Closer to Finalizing Floating Offshore Wind Deal in South Korea

    28 November 2024
    Business & Finance, Floating Wind

    Sweden’s Hexicon has obtained the necessary regulatory clearance to acquire a controlling stake in the 1,125 MW MunmuBaram floating offshore wind farm in South Korea. The South Korean Electricity Regulatory Commission (KOREC) has approved the transfer of two out of three Electricity Business Licenses (EBLs) for the MunmuBaram floating offshore wind project. With this approval, […]

  • Ocean Winds, Hyundai Steel to Cooperate on South Korean Offshore Wind Project

    3 December 2024
    Business & Finance, Collaboration, Fixed-Bottom, Outlook & Strategy

    Ocean Winds, a 50/50 joint venture between EDP Renewables and ENGIE, has signed a memorandum of understanding (MoU) with Hyundai Steel to cooperate on the proposed Hanbando offshore wind project in South Korea. Under the MoU, Ocean Winds and Hyundai Steel will explore various ways to develop a suitable domestic supply chain for the Hanbando […]

  • RWE Brings Local Partner Onboard for South Korean Offshore Wind Farm

    15 November 2024
    Business & Finance, Collaboration, Fixed-Bottom, Outlook & Strategy

    RWE has signed a joint business development agreement with Korea Western Power (KOWEPO) to build a 495 MW offshore wind project in South Korea. The Seohae offshore wind farm is located 45 kilometres off the coast of Taean County in South Korea’s Chungcheongnam Province. This is the first project for which RWE obtained an Electricity […]

  • KOEN Exiting South Korean Project as Proposed Offshore Wind Farm Did Not Pass Gov’t Feasibility Study

    7 January 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Korea South-East Power (KOEN), a subsidiary of Korea Electric Power Corporation (KEPCO), is withdrawing from the Shinan Ui (Sinan Ui) offshore wind project after the proposed wind farm did not pass the government’s feasibility assessment. According to Seoul Economic Daily, in August 2024, the preliminary feasibility study carried out by the Ministry of Strategy and […]

  • 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 […]

  • Hitachi Energy to Supply Power Equipment to Ørsted’s Hornsea 4 Offshore Wind Farm

    23 December 2024
    Business & Finance, Cables, Contracts & Tenders, Equipment, Fixed-Bottom, Grid Connection, Supply Chain

    Hitachi Energy has received an order from Ørsted to provide the power electronics technology to integrate 2.4 GW of electricity from the Hornsea 4 offshore wind farm into the UK grid. The order, which is subject to the final investment decision, will see Hitachi Energy supply a grid-forming solution that employs its grid stabilisation technology, […]

  • New Agreement to Keep LS Cable & System Busy Offshore South Korea

    21 November 2024
    Business & Finance, Cables, Grid Connection

    Vena Energy’s subsidiary, Taean Wind Power, has selected LS Cable & System as the preferred submarine cable supplier for the 504 MW Taenan offshore wind farm in South Korea. Under the agreement, LS Cable will supply high-voltage subsea cables, which are essential for transmitting renewable energy from offshore turbines to the onshore grid. The company’s […]