K2 Management Wins Work on 420 MW Offshore Wind Farm in South Korea
Pacifico Energy Korea (PEK), a subsidiary of American renewable energy developer Pacifico Energy 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.
The MyeongRyang Offshore Wind project involves the construction of a fixed offshore wind farm with an installed generation capacity of approximately 420 MW. Set to commence construction in 2028, the wind farm is poised to play a pivotal role in South Korea’s ambitious target of installing 14.3 GW of offshore wind by 2030.
K2 Management’s role as Owner’s Engineer for the MyeongRyang Offshore Wind project encompasses support in overall project management. This includes conducting wind analysis, metocean studies, conceptual designs, and preparing and selecting contractors for site investigation. K2M will continue to offer technical support throughout the site investigation process, as well as assistance in obtaining permits. With work having begun in December 2023, K2M is expected to be actively involved until 2025.
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