Construction Started for 390 MW Offshore Wind Farm in South Korea
Hanwha Ocean has commenced construction on the 390 MW Shinan Ui offshore wind project in Shinan County, South Jeolla Province, South Korea.
Hanwha Ocean is both developer and lead EPC contractor responsible for development, permitting, financing, engineering, procurement, and construction of the project.
The company is also investing approximately €470 million (US$538 million) in the construction of a next-generation wind turbine installation vessel.
The initiative will incorporate 26 V236-15.0 MW turbines, situated on stable foundations in the southeastern waters of Ui Island. Developed on established and top-tier technology, the V236-15.0 MW offshore wind turbine is specifically designed for optimal performance in offshore settings globally. The wind facility is expected to be complete by 2029.
Country news
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April 16, 2026
ABL Group to support transportation and installation of 390 MW Offshore Wind Farm in South Korea
Energy and marine consultancy ABL has been appointed marine warranty surveyor (MWS) to support the transportation and installation of the Shinan-Ui offshore wind farm in Shinan County, South Jeolla Province, South Korea.
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April 13, 2026
Financial Close Achieved for 390 MW Offshore Wind Farm in South Korea
South Korea has reached financial close for the 390 MW Shinan Ui offshore wind project, located off the coast of Ui Island in Shinan County, South Korea.
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September 29, 2025
Ørsted signed MoU for 1.6 MW Offshore Wind farm in South Korea
Ørsted has signed a Memorandum of Understanding (MOU) with POSCO Group to explore a partnership on Ørsted’s 1.4 GW Incheon offshore wind project, located approximately 70 km off the coast of Incheon.
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May 15, 2025
Eurus Energy Begins Construction of 13.5 MW Wind farm in South Korea
Eurus Energy Holdings Corporation announced that Hajang 5 Wind Power Co., Ltd., a group company of Eurus Energy, has commenced construction of the 13.5 MW Hajang 5 Wind Power in Taebaek and Samcheok, Gangwon-do, South Korea.
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September 02, 2024
EIA approval secured for 1.1 GW floating offshore wind farm in South Korea
The Ministry of Environment has granted Environmental Impact Assessment (EIA) approval for Ocean Winds and Mainstream Renewable Power's 1,125 MW KF Wind floating offshore project
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