Korea's offshore wind industry is preparing for the phased sunset of the Renewable Portfolio Standard (RPS) system, with government officials presenting transition scenarios including parallel bidding
SK Oceanplant has delivered the first batch of jacket foundations for Taiwan's Fengmiao 1 offshore wind farm, a 500MW project off Taichung. The company secured the supply contract in June 2024 and wil
Incheon's 9.6 trillion won public-led offshore wind project (IC1) must complete three separate approvals—grid connection, military operations, and marine protection—by December 2024 or risk losing its
Korea Western Power (KOWEPO) is accelerating public-led offshore wind development in response to the government's 55GW offshore wind bidding roadmap through 2035. The company plans to focus developmen
A public survey of 1,010 residents in Busan's Saha District shows 56.7% support for the Dadaepo offshore wind project, with approval more than double opposition rates. The study, conducted by ST Innov
IBK Corporate Bank has been selected as the preferred negotiation partner for the Jeonbuk Southwest offshore wind project. This selection marks a significant step in the project's development and fina
Unison has secured a contract to supply 25 units of 13.6MW offshore wind turbines for the Hanbit offshore wind project in Korea. This supply agreement represents a significant order for the Korean tur
Korea Midland Power (KOMIPO) and DL Energy's 160MW Yeosu Geumodo offshore wind project has been selected in Korea Energy Agency's H1 fixed-price contract competitive bidding. The project was the sole
Daihan Cable has secured government financing support to acquire a new subsea cable laying vessel (CLV), strengthening its integrated competitiveness from production to installation. The move addresse
Korea Midland Power (중부발전) announced acceleration of offshore wind projects targeting 4GW capacity by 2035, including major developments like Sinan-Ui, in response to the government's medium-to-long-t
LS Marine Solutions has begun construction of a next-generation subsea cable laying vessel at Turkey's Tersan Shipyard, marking its entry into the global submarine power grid market. The vessel will h
Incheon Urban Development Corporation (iH) faces scrutiny over its capacity to lead a 9.6 trillion won public offshore wind project, with comparisons to Jeonbuk and Jeju developments raising questions
