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 partner brings in the local footprint including relationships with stakeholders and governmental bodies, wpd adds its technical development expertise, strong know-how, and industry network as well as financing capacity to take the projects to the next level. Wind measurement campaigns have been initiated and the projects are expected to be commissioned starting in 2021.
wpd launched its subsidiary wpd Korea Ltd., Seoul, in November 2018 seeking to develop projects across various technologies including on- and offshore wind as well as PV. In its approach to the Korean market, the company focusses on co-operation with local developers as well as own greenfield development activities.
Country updates
-
-
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 -
February 26, 2019
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...
Read more -
February 13, 2019
Macquarie signs MoU for solar and energy storage project in Goesan
Macquarie Capital Korea has signed a Memorandum of Understanding (MoU) to develop a 16MW solar farm and 35MW storage system in Goesan with the provincial government of North Chungcheong in South...
Read more -
November 09, 2018
South Korea plans 4-GW solar, offshore wind complex
South Korea is planning the construction of a 4 GW solar and wind energy complex on the Saemangeum reclaimed land area in Gunsan. The hybrid complex will be located along the west coast of S...
Read more
