SK oceanplant and Corio Generation, a London-based offshore wind farm company, signed a memorandum of understanding for joint offshore wind farm projects.
SK oceanplant, a wind turbine substructure manufacturer, will supply wind turbine substructures and offshore substations for Corio’s wind farm projects in and outside Korea, while Corio will develop, manage and invest in the projects.
Founded in April last year, Corio Generation is an offshore wind farm developer of Macquarie Group’s Green Investment Group, which is based in Edinburgh, Scotland.
The two companies plan to collaborate on offshore wind farm projects in Korea, the United Kingdom, Australia, and Taiwan, including Corio’s bottom-fixed offshore wind farm projects in Busan.
The combined capacity of joint projects reaches 6.8 gigawatts.
More: SK oceanplant, Corio Generation sign MOU for offshore wind farms