832 results found for 'south korea'

832 results found for 'south korea'
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  • UK and South Korea Help Secure Millions for World’s Largest Monopile Factory

    27 November 2023
    Business & Finance

    UK Export Finance (UKEF) and South Korea’s export credit agency Korea Trade Insurance Corporation (K-Sure) have helped SeAH Wind to secure GBP 367 million in Standard Chartered Bank and HSBC UK financing to build the world’s largest wind monopile manufacturing facility. UKEF and K-Sure have secured support worth GBP 367 million for South Korean manufacturer […]

  • SK Ecoplant Joins Corio and TotalEnergies on South Korean Offshore Wind Projects

    6 September 2022
    Business & Finance, Contracts & Tenders

    Corio Generation and TotalEnergies have joined forces with SK Ecoplant to develop the 2 GW BadaEnergy offshore wind portfolio in South Korea. SK Ecoplant, which will join the partners in taking the projects from early planning through licensing and construction to operation, will also acquire a stake in the portfolio, subject to the completion of […]

  • LS Marine to Use Dong Fang Offshore’s SOV on South Korean Offshore Wind Projects

    14 August 2024
    Business & Finance, Cables, Operations & Maintenance, Vessels

    Korean company LS Marine Solution and Taiwan’s Dong Fang Offshore (DFO) have entered into a memorandum of understanding (MOU) which will see LS Marine chartering a service operations vessel (SOV) from DFO and participating in offshore wind project bidding in South Korea. According to LS Marine Solution, this will be the first time an SOV […]

  • Northland Power Moves Forward with South Korean Offshore Wind Projects

    24 February 2023
    Authorities, Business & Finance, Contracts & Tenders

    Canada-headquartered Northland Power has secured two Electricity Business Licenses (EBLs) for its 1,000 MW Dado and 600 MW Bobae offshore wind projects in South Korea. The Dado offshore wind project was awarded EBL for 900 MW of the 1,000 MW capacity, providing exclusivity on the leases for the project. The project is expected to advance […]

  • South Korea to Build Offshore Hydrogen Plants Powered by Floating Wind

    7 May 2021
    R&D, Technology, Wind Farm Update

    Ten major South Korean companies, municipalities, and organisations are spearheading a project to develop and build offshore hydrogen production plants powered by floating wind. The first phase of the project includes the construction of a 100 MW demonstration electrolyzer plant in the East Sea. This is an excerpt from a Premium article published on our […]

  • RES Enters Korean Market

    8 June 2015

    RES has signed an agreement with Blue Wind Engineering to expand consultancy services into South Korea, capitalising on the country’s ambition to develop its offshore wind industry. RES’ Korean business activities will be led by Dr. Jone Oh, founder of Blue Wind Engineering, who is tasked with assisting with the establishment of a consulting business, raising […]

  • Top News of the Week, 26 Sep – 2 Oct 2016

    2 October 2016

    South Korea Becomes Offshore Wind Energy Producer South Korea received first electricity generated by an offshore wind farm on Thursday, September 29, 2016. Take a 360° Aerial Tour of an Offshore Wind Farm with Siemens (Video) Siemens has released a video showing a 360° flight to an offshore wind farm. Beatrice Contract Pushes EEW Into […]

  • Norwegian Developer Secures Site for Gigascale Wind Project Off South Korea

    6 October 2022
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Deep Wind Offshore has secured site exclusivity for gigawatt-scale wind development in the Southern Sea offshore South Korea. A few months ago, the Norwegian developer signed a Memorandum of Understanding (MoU) with East West Power to collaborate on four projects totalling more than 4 GW of floating and bottom-fixed offshore wind in South Korea. After […]

  • South Korea’s President Reaffirms 12 GW of Offshore Wind by 2030 Goal

    17 July 2020
    Authorities, Business & Finance

    President of South Korea Moon Jae-in has pledged to expand the country’s offshore wind power capacity from the current 124 MW to 12 GW by 2030, according to local media. Moon announced his pledge on Friday, 17 July, during a visit to a turbine research center and the operational 60 MW Southwest Offshore Demonstration Wind Farm […]

  • South Korea Discusses Its Offshore Wind Development with UK

    19 August 2012
    Training & Education

    A delegation of leading officials from South Korea visited OrbisEnergy this week, Lowestoft’s flagship hub for offshore renewable energy, to understand the UK market and to discuss opportunities for developing their own offshore wind industry. The UK is the world’s largest market for offshore wind development. In addition, the February 2012 Ernst & Young quarterly […]

  • RWE and Hyundai Partner on Offshore Wind and Green Hydrogen in South Korea

    15 November 2023
    Business & Finance, Business development, Collaboration, Green Hydrogen, Outlook & Strategy, Power-to-X, Research & Development

    RWE and Hyundai Engineering & Construction (Hyundai E&C), a subsidiary of South Korea’s Hyundai Motor Group, have signed a memorandum of understanding (MoU) to cooperate in the field of offshore wind and green hydrogen. The partners said they will work together to jointly develop offshore wind projects in South Korea in line with the country’s […]

  • LS Cable & System, Northland Power Team Up in South Korea

    3 November 2021
    Business & Finance, Contracts & Tenders

    South Korean subsea cable manufacturer LS Cable & System and Canadian offshore wind developer Northland Power have signed a Memorandum of Understanding (MOU) on cooperation in the South Korean offshore wind market. LS Cable & System was recently selected as a preferred supplier of submarine cables for Northland Power’s 1 GW Hai Long Wind Farm […]

  • Northland Power Identifies Additional Offshore Wind Sites in South Korea

    31 March 2020
    Business & Finance

    Northland Power has identified additional offshore wind development sites in the proximity of Dado Ocean’s original sites in South Korea, which could increase the development capacity to approximately 1GW. These early-stage development sites will be developed together over the coming years, Northland Power stated. The company has also closed the previously announced acquisition of Dado […]

  • South Korea to Develop 200MW Tidal Energy Project

    25 September 2012

    According to Bloomberg, South Jeolla province in South Korea plans to build a 200MW tidal energy plant in Jindo. The plant is expected to be built by 2016 and the province has already signed an initial contract with Korea Electric Power Corp., Korea Midland Power Co. and five other companies to develop the project. [mappress] […]

  • Esvagt Enters South Korean Offshore Wind Market, Partners with KMC Line

    28 February 2024
    Business development, Research & Development, Vessels

    Denmark’s offshore shipping company ESVAGT is entering the Korean offshore wind market through a strategic partnership with domestic shipping firm, KMC Line. ESVAGT and KMC Line have signed a letter of intent to cooperate in unlocking the potential for renewable energy production in South Korea. “We have no doubt that ESVAGT and KMC Line present […]

  • Bureau Veritas and Korean Register Forge Floating Alliance in Korea

    13 April 2022
    Business & Finance, Contracts & Tenders

    Bureau Veritas Marine & Offshore and Korean Register (KR) have signed a Memorandum of Understanding (MoU) focused on floating offshore wind development in Korea’s East Sea. The two companies aim to share technologies, information, and experiences in the field of floating offshore wind farms in the East Sea of the Republic of Korea. According to […]

  • TÜV SÜD Wins Contract for Southwest Offshore Wind Project in South Korea

    5 May 2021
    Business & Finance, Contracts & Tenders

    TÜV SÜD has won a contract for wind condition analysis and annual energy production (AEP) assessment services for the next phase of the Southwest Offshore Wind Project in South Korea. The project, developed by the state-owned Korea Offshore Wind Power and also known as Seonam Offshore Wind Farm, is planned to have an installed capacity […]

  • Doosan Secures O&M Work Offshore South Korea

    13 August 2018
    Contracts & Tenders, Operations & Maintenance, Wind Farm Update

    South Korea’s Doosan Heavy Industries & Construction (DHIC) has signed a maintenance service contract with Korea Offshore Wind Power (KOWP) for the 60MW Southwest Offshore Demonstration Wind Farm.

  • KOEN Picks Vestas 15 MW Turbines for Wando Geumil Offshore Wind Farm

    2 March 2023
    Contracts & Tenders, Wind Farm Update

    Vestas has signed a preferred supplier agreement with Korea South-East Power Company (KOEN) for the 600 MW Wando Geumil offshore wind project in Wando-Gun, South Jeolla Province, South Korea. If the project materialises, Vestas will supply and install 40 units of the V236-15.0 MW turbine. Vestas will also deliver 20 years of operation and maintenance […]

  • Lithium-Ion Batteries Part of New 1.5 GW Offshore Wind Project in South Korea

    4 January 2022
    Wind Farm Update

    Singapore-headquartered subsea engineering company G8 and South Korean industrial business group Holim Tech have entered into an agreement to develop a 1.5 GW of offshore wind project paired with lithium-ion energy storage system in South Korea. “We are pleased to initiate the commercial execution of this significant project after detailed evaluation and planning, with local […]

  • Moventas and Doosan Team Up on South Korean Offshore Wind Project

    26 April 2017
    Technology, Wind Farm Update

    Wind gearbox technology specialist Moventas and Doosan Heavy Industries & Construction have agreed on the Exceed gearbox deliveries to an offshore wind farm in South Korea.

  • SFOC: South Korea’s Cumbersome Permitting System Leaves 98 Pct of Offshore Wind Projects ‘Stuck in Bureaucratic Nightmare’

    15 February 2023
    Authorities, Industry

    It takes more than ten years for offshore wind projects to go through the permitting system in South Korea. Only 2 per cent of all offshore wind projects that applied for a permit were able to reach the end of the process over the past decade. Meanwhile, 98 per cent are still trying to reach that […]

  • Plans Unveiled for New Multi-Gigawatt Offshore Wind Project in South Korea

    30 October 2023
    Business & Finance, Cables, Fixed-Bottom, Foundations, Grid Connection, Planning & Permitting, Project Updates, Supply Chain, Wind Turbines

    Several Korean companies have joined forces on a multi-gigawatt offshore wind project in the southwest of Korea. The project consists of three offshore wind farms with a combined installed capacity of 3.2 GW, which would produce enough electricity to power 3 million households. On 30 October, HD Hyundai Electric, Pacifico Energy Korea, CS Wind, Korea […]

  • South Korean Shipbuilders Enter Deeper into Offshore Wind Market

    12 July 2011
    Operations & Maintenance, R&D

     South Korea’s shipbuilders, in particular the big three, are venturing deeper into the onshore and offshore wind market as they filed a … (portnews) [mappress] Source: portnews, July 12, 2011;  

  • South Korea Promotes Offshore Wind Opportunities in Liverpool Bay

    3 August 2011
    Operations & Maintenance, R&D

    Investment opportunities in the offshore wind market in Liverpool Bay are being promoted in South Korea by The Mersey Partnership working…   (placenorthwest) [mappress] Source: placenorthwest, August 03, 2011

  • Korean Register and KEPCO Form Offshore Wind Partnership

    28 June 2022
    Contracts & Tenders

    Korean Register (KR) has signed a Memorandum of Understanding (MoU) with Korea Electric Power Corporation (KEPCO) for technical cooperation in the development and construction of offshore wind projects. One of the projects that KEPCO is currently working on is a 2.7 GW offshore wind farm which the company plans to build by 2029, near the […]