Principle Power and HSG Sungdong Sign MoU to Boost Mass Production of WindFloat® Technologies
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Principle Power and HSG Sungdong Sign MoU to Boost Mass Production of WindFloat® Technologies

June 21, 2024 –In a strategic move to bolster Korea’s offshore wind capacity, Principle Power and HSG Sungdong have signed a non-exclusive Memorandum of Understanding (MoU). This collaboration aims to advance the engineering developments for the mass production and assembly of WindFloat® technologies, marking a significant step towards achieving Korea’s goal of 14.3 GW of offshore…

SK Eco Plant and SK Ocean Plant Partner with CIP for 1.5GW Ulsan Floating Offshore Wind Project
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SK Eco Plant and SK Ocean Plant Partner with CIP for 1.5GW Ulsan Floating Offshore Wind Project

SK Eco Plant and SK Ocean Plant have signed a Memorandum of Understanding (MOU) with Haeul-i Offshore Wind Power Co., Ltd., a corporation managed by global green energy investment firm Copenhagen Infrastructure Partners (CIP), to collaborate on the production, transportation, and installation of floating bodies for the ambitious 1.5GW Haeuli Offshore Wind Power Project in…

TenneT Advances Offshore Grid Expansion with New Cable Production in South Korea
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TenneT Advances Offshore Grid Expansion with New Cable Production in South Korea

TenneT has commenced production of high-performance 525 kV cables for its 2 GW grid connection systems. This milestone marks the beginning of a new era in offshore grid connection technology, with the first cables being manufactured by LS Cable in Donghae. Group_Photo_LS_Cable_with_TenneT These advanced cables, capable of transmitting two gigawatts (GW) of direct current over…