Through this agreement, Ulsan Metropolitan City will provide its cooperation and support to OW in development, operation, and maintenance of the KF Wind project and OW reinforces its commitment to construct the project by 2030 and to provide cooperation for technology transfer, manpower training and job creation in the Ulsan area. This co-operation actively contributes to Ulsan Metropolitan City strategy to be designated Korea’s first Specialised Zone for Regional Energy Decentralisation.
Doo-gyeom said: “Through this visit to WindFloat Atlantic, I was able to see the world’s best practices in floating offshore wind power. As distributed energy becomes more popular, Ulsan will play a leading role in revitalising renewable energy industries such as wind power, hydrogen, and solar power.”
“I am thrilled and grateful for the Ulsan Metropolitan City’s Mayor support and trust towards our KF Wind project. Ocean Winds is very proud to contribute to Ulsan’s vision of clean energy production and focus in strengthening the local economy,” added Rodriguez Sanchez.
The signing of the LOI formally took place during a visit to WindFloat Atlantic, the world’s first semi-submersible floating offshore wind farm, for which OW just celebrated three years of operation. The semisubmersible technology developed for WindFloat Atlantic and designed by Principle Power will also be used in KF Wind project, on its way of being the first commercial scale floating project in the world.
For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.
Energy Global's Summer 2023 issue
The Summer 2023 issue of Energy Global hosts an array of technical articles focusing on alternative fuels, battery storage solutions, solar optimisation, and more. This issue also features a regional report on the recent developments in the European renewables market.
