, Korea

South Korea eyes 97MW offshore wind farm at Saemangeum

The project will cost an estimated US$365m.

Korea's Saemangeum Development and Investment Agency (SDIA) inked a deal with Saemangeum Offshore Wind Power, Jeonbuk Province, Gunsan City, Korea Rural Community Corporation, Kunsan National University, and Jeonbuk Techno Park to develop a 96.8MW offshore wind project.

It will be built at tidal flat Saemangeum. The project will cost around KRW 440b (US$365m) and will erect 28 wind turbines near the Saemangeum seawall.

SDIA said that 24 3.5MW turbines are to be installed, while four others will have capacities of 3-3.2MW.

The project will be started in April and is expected to be completed in 2H2018. It is predicted to supply power to 62,000 households.

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Japanese utility firms into serious business of reselling LNG surplus
Declining local demand for LNG directs Japanese companies to the South and Southeast Asian markets.
Power Utility
India removes licence requirement to build transmission lines for bulk consumers
The rule applies to those with at least 25 MW of load for inter-state connection and at least 10 MW for intra-state.
NEFIN Group works double time to catch up on projects
CEO Glenn Lim explains how a delay turned out good as the company aims to reach 667 MW of capacity by 2026.
Summit Power International provides vital LNG support to Bangladesh
Without cross-border electricity supply, LNG is needed by a country facing geographical constraints to deploy renewables.