Wind Energy – LOI
LS Cable & System has signed a letter of intent (LOI) for cooperation on the Haewoori 3 Offshore Wind Power Project with CIP, the Danish green energy investment and development company.
Haewoori Offshore Wind Power 1, 2, and 3 are large-scale floating offshore wind power projects with a total capacity of 1.5 GW.
CIP aims to build wind farms by 2030 on the sea approximately 80 km off the coast of Ulsan. This letter of intent to cooperate was signed in relation to Haewoori Offshore Wind Power 3, the first of three projects to be promoted.
