Taean County in South Korea has officially launched a civic committee to attract the integrated headquarters of five state-owned power companies, citing the region's sacrifice under the government's 2
SK Offshore Plant secured its first contract to supply a complete HVDC offshore substation jacket structure for Germany's Borwin5 offshore wind project, valued at approximately $110.7 million. The com
Daihan Cable reported record Q2 operating profit of 60.8 billion won (113% YoY increase) and revenue of 1.2 trillion won (30.8% growth), driven by HVDC and submarine cable business expansion in North
South Korea's National Institute of Standards and Technology has introduced KS certification for RNA (Rotor-Nacelle Assembly), a critical component of large wind turbines, to reduce certification burd
Incheon City has submitted an application for a development business license for a 6 trillion won public-led offshore wind farm complex (IC1). The project represents a major government-backed initiati
Residents of five West Sea islands and Incheon fishermen's associations signed a cooperation agreement to protect maritime transit rights and fishing grounds from uncontrolled offshore wind developmen
Korea Southeast Power (KOEN) has launched a dedicated task force to address potential power company mergers and the government's 2040 coal phase-out policy. The company held a strategic forum to discu
South Gyeongsangnam Province aims to develop Samcheonpo New Port as a key offshore wind support hub, but delays in national plan reflection and infrastructure expansion threaten to lose competitive ad
Goseong County Governor Ha Hak-yeol publicly opposes SK Oceanplant's sale, citing regional economic and employment concerns. The sale negotiations have been extended five times since October 2025, wit
Korean state-owned power generators have signed offshore wind power purchase agreements at record-high prices, with rates reaching 430,000 won/MWh in 2026 compared to 83,000 won/MWh in 2018. The Sinan
South Korea's offshore wind sector faces economic headwinds from falling bid caps and REC weight elimination, prompting industry stakeholders to explore cost optimization in project development and op
Korea Electric Power completed a 154kV transmission line connecting Muan and Shinan island regions in South Jeolla Province, featuring the nation's highest transmission tower at 263m spanning approxim
