K2 Management to wins O&M contract for 200 MW Donghae 1 floating wind project in South Korea
KEPCO Engineering & Construction Company (KEPCO E&C), a subsidiary of KEPCO (Korea Electric Power Corporation), has appointed K2 Management to help it deliver the first floating offshore wind farm in Korea for developer Ulsan consortium.
The project, in the pre-feasibility phase supported by government, is expected to be approximately 200 MW as a testbed, around 50km from the coast of Ulsan Metropolitan city in the East Sea.
K2 Management’s mandate includes developing a high-level strategy for operation and maintenance (O&M) of the floating project, including CAPEX and OPEX estimation, consideration of O&M procedure, commercialization and expansion concepts and the design and technical requirements for wind turbine generator (WTG) technology and floating foundation types.
Country updates
-
-
July 11, 2019
Equinor, partners to develop 200 MW Donghae 1 floating wind project off the coast of South Korea
Equinor, Korea National Oil Corporation (KNOC) and the Korean power company Korea East-West Power (EWP) have formed a consortium to develop the floating offshore wind project Donghae 1 off Ulsan in So...
Read more -
June 13, 2019
First step in development of 1.4 GW offshore wind project in South Korea
Macquarie’s Green Investment Group (GIG) has announced that it has completed the installation of Korea’s first floating LiDAR. The installation of the LiDAR is one of the first critical st...
Read more -
June 11, 2019
wpd secures 160 MW onshore wind project in South Korea
German-based developer, wpd, in partnership with a local developer, has secured the development approval of five onshore wind farms in South Korea with a combined capacity of 160 MW. While the partne...
Read more -
June 10, 2019
Linde completes divestiture of selected Korean assets to IMM
Linde plc has announced that it has completed the sale of selected assets of Linde Korea to IMM Private Equity Inc., in accordance with the recent merger between Linde AG and Praxair, Inc. and the Kor...
Read more -
March 08, 2019
Linde divests South Korea assets to IMM for US$1.2 billion
Linde has agreed to sell its South Korean assets to local private equity firm IMM for KRW1.3 trillion (US$1.2 billion). The assets include bulk and on-site business in Giheung, Pohang and Seosansites...
Read more
