Equinor signs MOU to develop commercial floating wind in South Korea
Equinor ASA has announced the signing of a Memorandum of Understanding (MOU) with Korea National Oil Corporation (KNOC) to explore opportunities to develop commercial floating offshore wind in South Korea.
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Country news
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August 22, 2017
AMP Capital reaches final close on the AMP Capital Infrastructure Debt Fund III
AMP Capital has reached final close on the AMP Capital Infrastructure Debt Fund III (IDF III), raising US$2.5 billion for the mezzanine debt strategy, an additional US$800 million in co-investment rights and securing a further US$800 million from investors who want access to its deal capabilities.
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May 30, 2017
LOC wins MWS contract for 60-MW offshore project in South Korea
International marine and engineering consultancy LOC Group has been retained by Korea Offshore Wind Power (KOWP) and Swiss Re to carry out marine warranty surveying (MWS) services on the 60 MW test phase of Korea’s Southwest Offshore Windfarm Project.
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May 22, 2017
Atlantis signs partnership with Hyundai on ocean power projects
Atlantis, a global developer of renewable energy projects, has signed a Strategic Partnership Agreement (SPA) with South Korean offshore construction company Hyundai Engineering & Construction Co. regarding collaborating on the development of ocean power renewable projects globally.
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November 11, 2016
Green Climate Fund approves Deutsche Bank proposal for sustainable energy for Africa
Deutsche Bank has welcomed the Green Climate Fund (GCF)decision to make an initial US$78.4 million investment in Deutsche Asset Management’s fund for renewable energy access in Africa. Read more -
June 06, 2016
Daelim Energy closes financing for biomass plant
Daelim Energy, part of Daelim Industrial, will build a biomass power plant based on wood waste. The project will be located within Poseung Industrial Complex in Pyeongtaek, south Gyeonggi Province, South Korea. It has been possible to reach the financial close for the project thanks to the participation of a six-bank consortium which will lend a total amount of KRW170 billion (US$146 million). Woori Bank is part of the consortium. Read more
