856 results found for 'south korea'

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

  • 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 […]

  • USD 360 Million Investment to Be Made for First Phase of South Korean Subsea Cable Manufacturing Plant

    18 July 2025
    Business & Finance, Cables, Grid Connection, Infrastructure, Market Outlooks, Outlook & Strategy, Transition

    South Korean Taihan Cable & Solution is investing USD 360 million for the first phase of construction of its second submarine cable manufacturing facility, which will, once operational, deliver a production capacity nearly five times greater than the company’s first submarine cable plant. Taihan opened the first phase of its first submarine cable plant that produces inter-array […]

  • 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. […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 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. […]

  • 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, […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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, […]

  • Offshore Wind Stars in New South Korea-Denmark Bilateral Agreement

    1 November 2018
    Authorities, Business & Finance

    Denmark and South Korea have entered into a renewable energy cooperation agreement that particularly focuses on offshore wind.

  • Kuick Releases South Korea Wind Power Sector Analysis 2013

    22 March 2013

    Kuick Research has released research titled “South Korea Wind Power Sector Analysis 2013.” Wind Power in South Korea is being seen as the potential driver of renewable energy development in the country. Electricity generation through wind power has already progressed to significant levels and most of this has been developed onshore. The present onshore capacity […]

  • Cathie Associates and Blue Wind Sign South Korea OW Deal

    22 January 2019
    Business & Finance

    Cathie Associates has signed a Memorandum of Understanding (MoU) with Blue Wind Engineering (BWE) to cooperate on expanding within the offshore wind industry in South Korea. According to Robin Comrie, Co-Managing Director of Cathie Associates, the company hopes to play a role in the growth of offshore wind in the region as South Korea aims to […]

  • 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 […]

  • 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 […]

  • Vestas Sets Sights on South Korea

    19 January 2023
    Authorities, Business & Finance, Industry, Jobs & Recruitment, Operations & Maintenance

    Danish wind turbine manufacturer Vestas has announced plans to build out a wind energy supply chain in South Korea, adding that the plans are dependent on a growing market for offshore wind in the country. The plans were formalised at a signing ceremony with Vestas CEO Henrik Andersen, and South Korea’s President Yoon Suk-Yeol at […]

  • 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 […]

  • Shell and CoensHexicon to Build Floating Wind Farm in South Korea

    27 June 2019
    Business & Finance

    Shell and CoensHexicon Co. Ltd have signed an agreement to develop, construct and operate a floating offshore wind farm in South Korea. According to CoensHexicon, initial project development started early this year for the wind farm which will be located circa 40km off the coast of Ulsan. The parties have already formed a project company […]