Ørsted and KOSPO to advance offshore wind in Korea together

Wind Industry Profile of

Ørsted, the global offshore wind leader, and Korea’s state-owned utility provider, Korea Southern Power (KOSPO), announced today (17) the signing of a memorandum of understanding (MoU), forming a strong partnership to jointly develop an 800 MW offshore wind project in Ongjin county, Incheon.

The MoU signing event was held as a virtual meeting due to the COVID-19 pandemic and attended by senior management representatives, including Seung-Woo Lee, President of KOSPO, Martin Neubert, Deputy Group CEO of Ørsted and Matthias Bausenwein, President of Ørsted Asia-Pacific. The 800 MW offshore wind project is part of the 1.6 GW Incheon projects, which will provide clean energy to 1.3 million South Korean households and reduce carbon emissions by almost 4 million... ... More: Official Press Release Ørsted

Keywords:

Ørsted, offshore, Korea, KOSPO, MW, offshore, utiliy, wind farm, MoU, partnership, development