General – Funding
Vena Group has signed an investment agreement with Taean County in South Korea worth USD 750 million over the next five years.
[Read more…] about Vena Group signs $750M investment deal with Taean CountyNew South Korea country manager for Ørsted
Wind Energy – Appointment
Ørsted appointed David Taeseung Yoo as South Korea Country Manager.
[Read more…] about New South Korea country manager for ØrstedMOU to develop South Korea dedicated marshalling offshore wind port
Wind Energy – South Korea
Cyan Renewables, LX International and Blue Water Shipping have entered into a landmark Memorandum of Understanding (MOU) to collaborate on the development of a next‑generation offshore wind marshalling port facility in Dangjin.
[Read more…] about MOU to develop South Korea dedicated marshalling offshore wind portSouth Korea’s offshore wind sector is facing crisis
Wind Energy – Crisis
South Korea’s offshore wind sector is facing a crisis as major developers abandon massive projects like the 2.37 GW Chuja Island site due to soaring costs.
[Read more…] about South Korea’s offshore wind sector is facing crisisMacGregor secures order for large AHC subsea crane
Wind Energy – Crane Order
MacGregor has been selected to supply a substantial 400-tonne Active Heave Compensated (AHC) subsea crane for a new 127-metre Floating Wind Farm Construction Vessel (FWCV).
[Read more…] about MacGregor secures order for large AHC subsea craneHyundai secures foundation contract for Shinan Ui OWP
Wind Energy – Shinan Ui
Hyundai has been awarded a contract for the Shinan Ui Offshore Wind Project.
[Read more…] about Hyundai secures foundation contract for Shinan Ui OWPVestas secures 390 MW offshore order in South Korea
Wind Energy – South Korea
Vestas has received a 390 MW order for the Shinan-Ui offshore wind project in Jeollanam Province, South Korea.
[Read more…] about Vestas secures 390 MW offshore order in South KoreaHanwha Ocean plans to build GustoMSC jack up vessel
General – Newbuilding
Hanwha Ocean has been awarded an Engineering, Procurement, and Construction (EPC) contract for the Shinan Ui offshore wind project in South Korea.
[Read more…] about Hanwha Ocean plans to build GustoMSC jack up vesselRegulatory green light advances CIP’s 1.5 GW offshore wind plans
Wind Energy – South Korea
Haewoori Offshore Wind has secured approval for its Marine Traffic Safety Assessment (MTSA) from South Korea’s Ministry of Oceans and Fisheries, marking a major regulatory milestone for the 1.5 GW floating wind project being developed off the coast of Ulsan.
[Read more…] about Regulatory green light advances CIP’s 1.5 GW offshore wind plansFugro UST21 completes geotechnical work for Ørsted South Korea
Wind Energy – South Korea
Fugro UST21 has completed offshore geotechnical site investigations for Ørsted’s 1.4 GW Incheon offshore wind project, located approximately 70 km off the coast of Incheon, South Korea.
[Read more…] about Fugro UST21 completes geotechnical work for Ørsted South Korea