A number of Korean firms have joined forces on a multi-gigawatt offshore wind mission within the southwest of Korea. The mission consists of three offshore wind farms with a mixed put in capability of three.2 GW, which might produce sufficient electrical energy to energy 3 million households.
On 30 October, HD Hyundai Electrical, Pacifico Power Korea, CS Wind, Korea Ocean Engineering & Consultants, and Daebul Shipbuilding signed a memorandum of understanding (MOU) to develop the three.2 GW offshore wind mission off the coast of Jindo County in South Jeolla Province.
Beneath the MOU, the businesses additionally agreed to strengthen the cooperation system to finish the mission efficiently, based on a social media submit by HD Hyundai Electrical.
“Pacifico Power will likely be in command of fairness funding and general enterprise improvement, and HD Hyundai Electrical will provide wind generators and energy gear for offshore substations. Additionally they shared their roles in wind towers and substructures, submarine cable set up, and upkeep,” HD Hyundai Electrical says.
The corporate additionally famous that the Korean authorities had introduced that it will broaden the offshore wind goal to 26.7 GW by 2036.
Again in 2018, the federal government set a 2030 offshore wind goal of 12 GW in its Renewable Power 3020 Implementation Plan, which was reaffirmed by the now-former South Korea’s president Moon Jae-in in 2020. Since 2022, it has been reported that South Korea has a goal of reaching 14.3 GW of offshore wind energy by 2030.
In February 2021, the South Korean authorities introduced a KRW 48.5 trillion (roughly EUR 34 billion) mission to develop an 8.2 GW wind advanced offshore Sinan County, South Jeolla Province. The mission is deliberate to be accomplished by 2030, when it will turn into the world’s largest single offshore improvement.
A couple of months later, the nation’s president revealed the federal government would make investments KRW 1.4 trillion (round EUR 982 million) within the first part of a mission growing a 6 GW floating wind farm offshore Ulsan.
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