SEJONG, Apr. 1 (Korea Bizwire) – As South Korea ramps up construction of large-scale offshore wind farms, the nation is poised to witness exponential growth in this renewable energy market, with investments projected to reach a staggering 100 trillion won by the end of this decade. Amid the global push for decarbonization, the South Korean government [...]
SEOUL, Dec. 17 (Korea Bizwire) — South Korea’s top power plant builder Doosan Heavy Industries & Construction Co. said Thursday that it has joined forces with a local government to build an offshore wind farm in seas off the coast of the southwestern part of the country. Doosan Heavy signed a deal with the government [...]
SEOUL, Aug. 29 (Korea Bizwire) — Orsted A/S, the world’s largest offshore wind power producer, said Thursday it is seeking business opportunities in South Korea following the country’s plan to go green in power generation. The Danish state-run energy firm said it has recently completed the establishment of its Korean branch following South Korea’s announcement [...]