Wind Energy – Korea
K2 Management (K2M) has been selected as the Owner’s Engineer for the MyeongRyang Offshore Wind project.
This project is a venture led by Pacifico Energy Korea (PEK), subsidiary of American renewable energy developer Pacifico Energy.
The MyeongRyang Offshore Wind project is the initial phase of a larger 3.2GW offshore wind complex off the coast of Jindo-gun, Jeollanam-do in South Korea.
The MyeongRyang Offshore Wind project involves the construction of a fixed offshore wind farm with an installed generation capacity of approximately 420MW.
Set to commence construction in 2028, the wind farm is poised to play a pivotal role in South Korea’s ambitious target of installing 14.3GW of offshore wind by 2030.
With work having begun in December 2023, K2M is expected to be actively involved until 2025.