November 17, 2021 Read More →

Equinor, East-West plan 3 gigawatts of offshore wind in South Korea

offshoreWIND:

Equinor and its partner Korea East-West Power (EWP) have signed a Memorandum of Understanding (MoU) to cooperate on 3 GW of offshore wind projects in South Korea.

Equinor said it would use its new floating wind technology, Wind Semi, for its projects in South Korea as it had been developed specifically for Korean waters and local conditions. This follows the company’s announcement at the beginning of this month, when Equinor revealed it planned to use the new Wind Semi foundation for its projects in Scotland, should it be awarded development rights through the ScotWind leasing round.

In South Korea, Equinor and EWP, together with Korea National Oil Corporation (KNOC), are already developing the 200 MW Donghae 1 floating offshore wind project nearby the KNOC-operated Donghae natural gas field off the coast of Ulsan, in a wider area for which the South Korean government announced plans for a 6 GW floating wind development earlier this year.

In May, the Korea Development Institute (KDI) completed the preliminary feasibility study for the 200 MW project, for which the partners said it would give momentum to the project to move forward to realisation.

Earlier information on Donghae 1 said that, pending results of the feasibility study, the consortium would start constructing the floating wind farm in 2022, with possible power production start-up in 2024.

[Adrijana Buljan]

More: Equinor, EWP Raise Floating Wind Stakes in South Korea to 3 GW

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