Korea to run a 1.8GW offshore wind competitive bidding round in 1H, with a lower price cap
The Ministry of Climate announced plans to tender around 1.8GW of offshore wind in the first half of the year under the competitive bidding scheme, with an adjusted (lower) upper limit. Industry attention is focused on the upcoming procurement volume and conditions.
Dadepo offshore wind project highlighted for economic impact, but faces licensing delays
The Dadepo offshore wind project is described as having a 1.4 trillion won economic impact, but progress is reported to be stalled by hurdles in the licensing process, underscoring permitting risk for project timelines.
Fisheries group calls for stronger acceptance-building around existing offshore wind projects
The National Federation of Fisheries stated that existing offshore wind projects should secure acceptance from fishermen, including gathering responses and opinions and exploring coexistence measures between the fishing sector and offshore wind development.
Vestas partners with Mokpo National Maritime University to build offshore wind talent pipeline
Vestas launched a collaboration with Mokpo National Maritime University to develop offshore wind education and research programs, aiming to cultivate long-term industry talent and jointly operate training initiatives.
Taean designated as an offshore wind power complex, with testing underway
West Coast Power reported that the Taean area has been designated as an offshore wind power complex, described as a milestone for development momentum. The article notes that testing is currently underway.
GS Entec presents offshore wind substructure technology at Smart Energy Week 2026
GS Entec showcased offshore wind substructure technology at “Smart Energy Week 2026,” presenting innovations positioned as important for future offshore wind projects.
Unison adopts a co-CEO structure as it pushes to accelerate offshore wind execution
Unison has transitioned to a co-CEO system, a move the company links to accelerating offshore wind projects. The article also notes ongoing testing and development activities tied to this effort.
Korea to run 1.8GW offshore wind competitive bid in H1, with a lowered price cap
The Ministry of Climate announced a first-half competitive tender totaling 1.8GW of offshore
Korea sets first-half offshore wind bid at 1.8GW, with a lower price cap
The Ministry of Climate announced a first-half competitive bidding round totaling 1.8GW for offshore wind,
South Korea's government has introduced a bill mandating offshore wind farm operators to share project profits with the public, aiming to alleviate energy costs for citizens.
Korea Midland Power (KOMIPO) has submitted a permit application for its 'IC2' offshore wind project in Incheon, which overlaps with the ferry route to Baengnyeongdo and other western islands. This ove
With the upcoming Special Act on Offshore Wind, South Korea's offshore wind auction system needs to shift from pure price competition to focus on project completion feasibility and risk distribution.
Two new legislative proposals in Korea are raising significant concerns among offshore wind developers. One bill suggests the government take up to 20% equity in projects, while another, introduced on
