Wind Energy – Partnership
South Korea’s GS Entec signed a strategic partnership with Sif Netherlands to manufacture the steel tube foundation, which serves as a supporting pillar in the water.
A monopile is widely used for offshore wind turbines as they are cheaper and built faster than other foundation equipment.
GS Entec converted one of its plants to a monopile production facility from a petrochemical equipment manufacturing factory through the partnership with Sif. The plant produced its first monopile in March.
The South Korean company, which won a 200 billion won deal to supply 64 monopiles for a 365 GW offshore wind farm under construction in Korea, also plans to make inroads into Japan.
Japan aims to deploy 30-45 gigawatts of offshore wind power capacity by 2040, including floating wind, as part of its target to reach net-zero emissions by 2050.