Original Korean article: 전기신문
South Korea's government officially launched construction of the Sinan-Ui offshore wind farm, marking the nation's first large-scale offshore wind power project. The groundbreaking ceremony was held to commemorate the beginning of this significant renewable energy initiative.
The Sinan-Ui offshore wind farm project has a capacity of 390MW and is being funded entirely with domestic capital, making it a purely Korean-led venture. The total investment amount is approximately 3.4 trillion won, with commercial operation targeted to begin in January 2029. The project was selected as the first investment of the National Growth Fund, underscoring its strategic importance to the country's energy transition.
The project will utilize 15MW turbines and involves major Korean companies across the supply chain. Key participants include Hanwha Ocean, Korea Midland Power, SK Ecoplant, and Hyundai Engineering & Construction, which will contribute their expertise in core equipment and manufacturing sectors. This collaboration is expected to help Korean companies accumulate valuable experience in the offshore wind supply chain and strengthen domestic capabilities in this emerging industry.
The Sinan-Ui offshore wind farm represents a significant step forward in South Korea's renewable energy development and demonstrates the government's commitment to building a sustainable energy future through large-scale offshore wind projects powered by domestic investment and expertise.