September 11, 2020 Read More →

Doosan Heavy, Korea National Oil to build 200MW floating offshore wind farm in South Korea

Doosan Heavy Industries & Construction is to collaborate with Korea National Oil Corporation on the development of a floating offshore wind farm off the coast of South Korea.

The two companies have signed a memorandum of understanding to develop the [200MW] Donghae 1 floating project, which will form part of a 6GW complex off Ulsan and south-east region of the country.

Work is scheduled to start on the complex in stages from 2023, Doosan said.

The partners said that through the agreement Korea National Oil Corporation will develop the wind farm, while sharing business plans and licensing matters, with Doosan Heavy Industries & Construction providing the turbines for the project.

Doosan Heavy Industries & Construction president Jeong Yeon-in said: “We will do our best to promote the business successfully by adding Doosan Heavy’s offshore wind power technology to Korea National Oil Corporation’s will to foster the floating offshore wind industry. We will improve the technology of offshore wind power suitable for the environment and contribute to vitalizing the domestic industrial ecosystem.”

More: Korean duo form floating offshore pact

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