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Floating Wind Farm Planned for Ulsan, Korea (Int'l Report)
WindPower Korea, EDP Renewables, Aker Solutions
Date: 2019-11-27
Following up on our 21st October coverage, EDP Renewables, a consortium founded by EDP and Aker Solutions reports it has joined WindPower Korea with investments in the development company Korea Floating Wind Power (KFWind). Principle Power, which had a role in originating the KFWind project portfolio, will supply its WindFloat foundation technology for the 500-MW project.

As previously reported, KFWind inked a MoU with the City of Ulsan to cooperate on the development of floating wind projects and support the Ulsan region as a manufacturing hub for domestic and export offshore wind markets.

South Korea is targeting 13 GW of offshore wind installed by 2030, and 30 pct or more renewable energy by 2040. (Source: WindPower Korea, EDP Renewables, Aker Solutions 25 Nov., 2019)Contact: WindPower Korea, +82-2-584-5326, kwsuh@windpowerkorea.com, www.windpowerkorea.com; Aker Solutions, Fredrik Berge, Inv. Relations, +47 22 94 62 19, fredrik.berge@akersolutions.com, www.akersolutions.com; EDP Renewables, +351 21 001 25 00, www.edpr.com

More Low-Carbon Energy News Floating Wind,  Offshore Wind,  WindPower Korea,  EDP Renewables,  Aker Solutions ,  


Floating Wind Farm Planned for Ulsan, Korea (Int'l Report)
EDPR, Aker Solutions
Date: 2019-10-21
A consortium of WindPower Korea, EDP Renewables and the engineering firm Aker Solutions are reporting plans to develop an initial 500MW floating wind farm off the coast of Ulsan Metropolitan City in South Korea. Principle Power will supply its proven WindFloat® foundation technology for the project.

The South Korean Government is calling for 13 GW of offshore wind to be installed by 2030 and set a target of at least 30 pct renewable energy by 2040.

The Ulsan area is considered well-suited for commercializing floating wind, due to the combination of industry-leading shipyards, maritime expertise and port facilities in the region. (Source: WindPower Korea, EDPR Renewables, Aker Solutions, reve, 189 Oct., 2019) Contact: WindPower Korea, +82-2-584-5326, kwsuh@windpowerkorea.com, www.windpowerkorea.com; Aker Solutions, Fredrik Berge, Inv. Relations, +47 22 94 62 19, fredrik.berge@akersolutions.com, www.akersolutions.com; EDP Renewables, +351 21 001 25 00, www.edpr.com

More Low-Carbon Energy News Floating Wind,  Offshore Wind,  Aker Solutions,  EDPR,  

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