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South Korea to build world's offshore wind power generation complex

South Korea to build world's offshore wind power generation complex

Under the deal, in Korea's exclusive economic zone (EEZ) off Ulsan, OW Offshore will build three 500MW complexes with a combined total capacity of 1.5 GW.

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A memorandum of understanding (MOU) has been signed by Korea Hydro & Nuclear Power (KHNP) with OW Offshore, a Spanish offshore wind power firm, and Kumyang, a Korean renewable energy company, to build a giant floating offshore wind power complex off the Ulsan coast, which the parties involved say will be the world's largest.

Currently, South Korea is accelerating the construction of a new wind power generation system to create 4.6 GW of floating offshore wind farms in the country's southeast over the next few years.

Maritime Business World 

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