Wind Energy – Korea
Pacifico Energy Korea has signed an agreement to work with other companies to develop offshore wind in Korea.
The agreement is about building wind turbines out to sea near Jeollanamdo province. It might also mean a new Daebul Industrial Complex.
It was signed with three local governments — Jeollanam-do, Jindo-gun and Yeongam-gun — and Yuil Co Ltd, a company that supplies offshore wind equipment in the Daebul Industrial Complex in Yeongam-gun, Jeollanam-do.
Pacifico Energy Korea and Jeollanam-do, Jindo-gun, Yeongam-gun and Ulleung have agreed to work together to support the development of an offshore wind farm in Jindo-gun. The farm will be able to produce 3.2GW of electricity. They will also work to create a whole industry in Jeollanam-do.
The 3.2-GW Jindo offshore wind cluster is being developed by Pacifico Energy Korea. It is the largest offshore wind cluster in a single area developed by one developer in Korea and the Asia-Pacific region. It has three sites: Myeong Ryang Offshore Wind (420 MW), Manho Offshore Wind (990 MW), and Jindo Baram Offshore Wind (1.8 GW).
The Jindo offshore wind project consists of three wind farms with a combined installed capacity of 3.2 GW, which would produce enough electricity to power three million households.
The first phase, the 420 MW Myeong Ryang Offshore Wind, is currently undergoing the power generation business license process.
The second phase, the 990 MW Manho Offshore Wind, and the third phase, the 1.8 GW Jindo Baram Offshore Wind, have completed wind resource measurements and are currently preparing for the power generation business license process.
