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Norway's Equinor ties up with Hanwha E&C to build offshore wind power infrastructure in S. Korea

By Kim Joo-heon Posted : November 8, 2022, 17:34 Updated : November 8, 2022, 17:41

[Courtesy of Hanwha E&C]

SEOUL -- Equinor, a Norwegian state-owned energy company, will work with Hanwha E&C, a builder affiliated with South Korea's Hanwha Group, to build offshore wind farms. The builder aims to develop a 2-gigawatt wind power generation complex by 2030.
 
Compared to fixed offshore wind farms which are generally installed in shallow waters, floating wind turbines located in deep waters can reduce visual pollution, provide better accommodation for fishing and shipping lanes, and reach stronger and more consistent winds. Equinor developed the world's first commercial floating turbine-based wind farm called Hywind Scotland which has a total capacity of 30 megawatts.
 
"We will become a green infrastructure developer by focusing on the renewable energy sector such as land and sea-based wind power projects to get ready for the carbon zero era," Hanwha E&C's president Kim Seung-mo said in a statement on November 8.
 
Hanwha E&C's offshore wind power projects are underway in various regions including the southwestern coastal city of Boryeong and the southern coastal town of Goheung. Based on a public consensus that South Korea should reduce the use of fossil fuel and switch to renewable energy sources, the country has endorsed a number of projects to build clean energy facilities, including solar power plants and wind farms, onshore and offshore.

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