Investment
Pacifico Energy has declared more than $1b in investments for two offshore wind projects in South Korea.
[Read more…] about Pacifico Energy commits $1b to South Korean wind projectsMerge of five state-owned power generation companies
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 projectJacket foundation for BalWin5 HVDC offshore foundation project
South Korea
SK oceanplant has secured a contract with Seatrium to supply the full jacket foundation for the BalWin5 HVDC offshore foundation project.
[Read more…] about Jacket foundation for BalWin5 HVDC offshore foundation projectKorea Midland Power begins 390MW offshore wind project
Financial Arrangement
Korea Midland Power’s Shinan-Wi offshore wind power project has finalised its financial arrangements and is proceeding with the groundbreaking ceremony.
[Read more…] about Korea Midland Power begins 390MW 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 chain