SEOUL, Apr. 17 (Korea Bizwire) — South Korean shipbuilding giant HD Hyundai Heavy Industries Co. said Wednesday that it has signed a deal with two Scottish economic development agencies on cooperation in the floating offshore wind sector. The memorandum of understanding calls for HD Hyundai Heavy Industries to share its knowhow on the design and [...]
SEOUL, Feb. 17 (Korea Bizwire) — Hyundai Electric & Energy Systems Co., a unit of top shipbuilder Hyundai Heavy Industries Co., has teamed up with a foreign company to launch into the offshore wind power market. The company on Wednesday signed a memorandum of understanding with GE Renewable Energy, a division of U.S. industrial giant [...]
JEJU, March 22 (Korea Bizwire) – The provincial government of Jeju Island is driving forward with plans to commercialize floating-type offshore wind power systems and existing gas stations into electric car charging stations. The municipal government recently announced that it was finally selected for the Ministry of Trade, Industry and Energy’s Floating Offshore Wind Power [...]
SEOUL, Feb. 5 (Korea Bizwire) — President Moon Jae-in said Friday his government won’t spare support for a project to create the world’s biggest offshore wind power generation complex in southwestern South Korea, declaring a vision for turning the nation into one of the top five powerhouses in the field. He was attending the signing [...]
SEOUL, Sept. 21 (Korea Bizwire) — An increasing number of South Korean companies are looking into the feasibility of generating offshore wind power as a new source of income. SK E&S Co., a leading South Korean gas provider which recently contracted a 200 megawatts (MW) offshore solar power generation project in the waters near the [...]
SEOUL, Sept. 10 (Korea Bizwire) — Power plant builder Doosan Heavy Industries & Construction Co. said Thursday it has signed a preliminary deal with the Korea National Oil Corp. (KNOC) to develop a floating offshore wind farm. Under the deal, Doosan Heavy will provide floating wind turbines, while the state-run oil company will work on [...]
SEOUL, Nov. 29 (Korea Bizwire) – Discontent among residents living near Baekdudaegan – the mountain range that snakes through the heart of the Korean peninsula – is on the rise concerning the growing presence of wind turbines in the area. Approximately 40 percent of the nation’s wind energy production is generated from the east and [...]