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1GW offshore wind cluster designated in Jeonbuk Southwest Region

Thursday, February 13 2025

Wind Energy – South Korea

The Ministry of Trade, Industry, and Energy (MOTIE) in South Korea has officially designated the 1GW offshore wind project in Jeonbuk Southwest as a Renewable Energy Cluster.

[Read more…] about 1GW offshore wind cluster designated in Jeonbuk Southwest Region

Filed Under: International News, renewable energy Tagged With: Jeonbuk Southwest, MOTIE, Renewable Energy Cluster, South Korea

Taean Wind Power secures fixed-price offtake contract

Monday, February 10 2025

Wind Energy – South Korea

Copenhagen Offshore Partners announced the successful award of an offtake contract for Taean Wind Power in the 2024 Wind Power Fixed-Price Contract Auction, arranged by the Korea Energy Agency (KEA). 

[Read more…] about Taean Wind Power secures fixed-price offtake contract

Filed Under: CIP, COP, International projects, Offtake Contract, South Korea, Taean Wind Power Tagged With: CIP, COP, Offtake Contract, South Korea, Taean Wind Power

Tidal Transit and Britoil Offshore Services expand into South Korea

Monday, January 27 2025

Wind Energy – South Korea

Tidal Transit, UK-headquartered supplier of purpose-design crew transfer vessels (CTVs), has signed a Memorandum of Understanding (MoU) with Britoil Offshore Services (Singapore) and Sky Offshore (South Korea) to develop, fund, build and operate offshore support vessels for the South Korean offshore wind industry.

[Read more…] about Tidal Transit and Britoil Offshore Services expand into South Korea

Filed Under: Britoil Offshore Services, CTV vessel, International News, MoU, South Korea Tagged With: Britoil Offshore Services, CTV, MOU, South Korea, Tidal Transit

Fixed-price contract for offshore wind development in Korea

Friday, January 24 2025

Wind Energy – South Korea

Copenhagen Infrastructure Partners (CIP) and Vena Energy have announced that their joint offshore wind project, Taean Wind Power, has secured an offtake contract in the 2024 Wind Power Fixed-Price Contract Auction organised by the Korea Energy Agency (KEA).

[Read more…] about Fixed-price contract for offshore wind development in Korea

Filed Under: CIP, International projects, South Korea, Taean Wind Power, Vena Energy Tagged With: CIP, South Korea, Taean Wind Power, Vena Energy

MoU to offer renewable service solutions to South Korean wind market

Thursday, January 23 2025

Wind Energy – South Korea

OEG signed a Memorandum of Understanding (MoU) between OEG Renewables and COENS concerning the provision of pre-construction, construction, installation, and operations and maintenance (O&M) services to offshore wind projects in South Korea.

[Read more…] about MoU to offer renewable service solutions to South Korean wind market

Filed Under: Construction, International News, Maintenance, MoU, OEG Renewables, Operations, South Korea Tagged With: COENS, construction, Maintenance, MOU, OEG, operations, South Korea

Key permit for Korean offshore wind project

Tuesday, January 21 2025

Wind Energy – South Korea

Deep Wind Offshore Korea has secured a Public Waters Occupancy and Use Permit for the Admiral Lee Offshore Wind Project.

[Read more…] about Key permit for Korean offshore wind project

Filed Under: Deep Wind Offshore, International projects, Permit, South Korea Tagged With: Admiral Lee, Deep Wind Offshore Korea, permit, South Korea

Jeonnam 1 OWF completes installation of all turbines

Monday, January 6 2025

Wind Energy – South Korea

The Jeonnam 1 Offshore Wind Farm in Korea completed installation of all wind turbines on December 18, 2024.

[Read more…] about Jeonnam 1 OWF completes installation of all turbines

Filed Under: COP, Installation, International projects, Jeonnam, South Korea Tagged With: COP, Installation, Jeonnam 1, South Korea, wind energy, wind turbines

KOEN exits Shinan – Ui Offshore Wind Project

Monday, January 6 2025

Wind Energy – South Korea

Korea South-East Power’s (KOEN) decision to exit the 390 MW Shinan – Ui offshore wind project underscores a tough reality: economic challenges can derail even the most promising renewable energy projects.

[Read more…] about KOEN exits Shinan – Ui Offshore Wind Project

Filed Under: International projects, KOEN, South Korea Tagged With: KOEN, Offshorewind, Shinan - Ui, South Korea

Shenandoah platform sets sail to GOM

Friday, January 3 2025

Fossil Energy – Shenandoah FPS

On December 13, 2024, the Shenandoah floating production system (Shenandoah FPS) sailed away from HD Hyundai Heavy Industries’ shipyard in Ulsan, South Korea, and is currently in transit to the US Gulf of Mexico.

[Read more…] about Shenandoah platform sets sail to GOM

Filed Under: Gulf of Mexico, International News, South Korea Tagged With: GoM, Shenandoah, South Korea

Hanwha Ocean and others hit 1.4 trillion Won jackpot

Monday, December 30 2024

Wind Energy – South Korea

Two domestic shipbuilders, including Hanwha Ocean, will secure and are formalising the final details of orders worth 1.4 trillion KRW for two 15MW-class large offshore wind turbine installation vessels (WTIVs), laying the groundwork for self-reliance in South Korea’s offshore wind construction market.

[Read more…] about Hanwha Ocean and others hit 1.4 trillion Won jackpot

Filed Under: installation vessel, International projects, South Korea, WTIV Tagged With: installation vessels, South Korea, WTIV

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