, Korea

South Korea’s first floating wind project forges ahead

The country aims to increase offshore wind capacity by 16.5 GW.

South Korea’s 200 MW Donghae-1 floating offshore wind project has passed its preliminary feasibility study by the Korea Development Institute, taking one step closer to the country’s plans to raise its offshore wind capacity by 12 GW.

The Korea National Oil Corporation (KNOC) said that it welcomed the approval of the feasibility study and that it plans to  “pursue in earnest” the plans to deploy the nation’s first floating wind plant in 2026.

In July 2019, Equinor, KNOC and Korea East-West Power agreed to join forces to develop the project

Wind energy accounts for 1% of South Korea’s installed capacity, with 1.65 GW in 2020.
 

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

Coal-dependent ASEAN told to scale up RE generation
A regional power grid could help governments in their renewable energy transition.
Indonesia told to tap communities in clean energy transition
Solar and wind power managed by villages could generate 96 million jobs over 25 years.
Indonesia to add 90 MW geothermal capacity
Three power plants in West and East Java and North Sumatra will start operating this year.