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, which is being developed off the coast of Ulsan, South Korea.
The EIA comprises the first phase, East Blue Power, of 375 MW and the second phase, KF Wind, of 750 MW. The scope includes 75 turbines and floating foundations, two bottom fixed offshore substations, three submarine export cables of 80 km each, one onshore substation and the onshore high voltage line of 4.5 km until the interconnection point at Korea Electric Power Corporation (KEPCO)’s Shinonsan onshore substation.
KF Wind is a project being developed off the coast of Ulsan, South Korea. KF Wind is a joint venture company owned by Ocean Winds (66.7%) and Mainstream Renewable Power (33.3%). The project is currently in advanced development stages with exclusive rights of development through two Electric Business Licences (EBL) obtained in 2022. The floating wind farm can generate 4,000 GWh of electricity annually to power the equivalent of over 1.3 million households and will reduce nearly 3 million tCO2eq greenhouse gas emissions every year.
Ørsted has signed a memorandum of understanding (MoU) with Incheon Metropolitan City, Korea, to cooperate on developing a world-class offshore wind power industry in the region.
Read morePacifico Energy Korea (PEK) has selected K2 Management (K2M) as the Owner’s Engineer for the MyeongRyang Offshore Wind project which is the initial phase of a larger 3.2 GW offshore wind complex off the coast of Jindo-gun, Jeollanam-do in South Korea.
Read moreVestas has signed a preferred supplier agreement with Hanwha Corporation E&C Division for the 390 MW Shinan Ui offshore wind project in Shinan County, South Jeolla Province, South Korea.
Read moreThe joint venture of Shell and HEXICON AB has selected Vestas as the preferred supplier for the 1.3 GW MunmuBaram floating offshore wind project in South Korea.
Read more
Macquarie’s Green Investment Group (GIG) and global energy company Total have signed a series of agreements to co-develop an initial 2.3 GW portfolio of floating offshore wind projects in Korea. The portfolio consists of five projects - three in Ulsan totaling 1.5 GW and two in South Jeolla Province totaling 800 MW.
Read more