South Korea
South Korea plans to merge its five state-owned power generation companies—KOEN, KOMIPO, KOWEPO, KOSPO and EWP—into a single KEPCO subsidiary by October 1, 2027.
[Read more…] about Merge of five state-owned power generation companiesØrsted believes in Korea’s commitment to expanding renewable energy
Wind Energy
In a personal LinkedIn post, Ørsted CEO Rasmus Errboe looks back with satisfaction on his recent trip to South Korea.
[Read more…] about Ørsted believes in Korea’s commitment to expanding renewable energyØrsted suspends bidding for 1.4GW Incheon Offshore Wind Project
South Korea
Ørsted has suspended its bid for the 1.4GW Incheon offshore wind project and begun restructuring its South Korean operations.
[Read more…] about Ørsted suspends bidding for 1.4GW Incheon Offshore Wind ProjectWoori Bank backs 400 billion won Jeonbuk offshore wind project
South Korea
Woori Bank is set to provide a combination of loans and fund investments totalling 400 billion won for an offshore wind power project in Gochang County, Jeonbuk Province.
[Read more…] about Woori Bank backs 400 billion won Jeonbuk offshore wind projectSteel cutting ceremony for WTIV Hanwha Ocean
South Korea
Hanwha Ocean has officially commenced construction of its Wind Turbine Installation Vessel (WTIV) with a steel-cutting ceremony.
[Read more…] about Steel cutting ceremony for WTIV Hanwha OceanMarco Polo Marine bags long-term Siemens Gamesa CSOV deal
CSOVs
Singapore-based company Marco Polo Marine has signed a multi-year framework agreement with Siemens Gamesa Renewable Energy for the deployment of two commissioning service operation vessels (CSOVs) in the Asia-Pacific region.
[Read more…] about Marco Polo Marine bags long-term Siemens Gamesa CSOV dealPacifico seals MOUs to build Jindo OWP supply chain
South Korea
Pacifico Energy Korea signed memorandums of understanding for cooperation with three offshore wind supply chain companies located in the Gwangyang Bay area of Jeonnam-Gwangju Integrated Metropolitan City.
[Read more…] about Pacifico seals MOUs to build Jindo OWP supply chainPALFINGER equips Korea’s first locally built CTV
South Korea
PALFINGER continues to expand its presence in the Asia-Pacific offshore wind market.
[Read more…] about PALFINGER equips Korea’s first locally built CTVEEW to expand production of offshore wind components in South Korea
Manufacturing
The German steel pipe manufacturer EEW Group is expanding its manufacturing plant in South Korea to meet the growing demand for offshore wind foundations.
[Read more…] about EEW to expand production of offshore wind components in South KoreaCompetitive auction results in South Korea
Wind Energy
Earlier this week, the Korean offshore wind H1 2026 competitive auction results were released.
[Read more…] about Competitive auction results in South Korea