Orsted currently operates 28 offshore wind farms with a total generation capacity of 8.9 gigawatts across the globe. The company partnered with Korean Southern Power, a public power company, to build an offshore wind farm complex near Incheon in January 2022.
The Danish power company unveiled a green energy project in November 2020 to establish an offshore wind power complex with a potential capacity of up to 1.6 GW near Kurop Island in Ongjin County. The site has relatively shallow water depths to allow for cost-effective development. The project requires about eight trillion won ($6.7 billion). Orsted aims to commission the project in 2026 that could provide clean energy to more than 1.3 million households.
According to Orsted, the Danish company received a green light from South Korea's energy ministry to build a 1.6GW-class offshore wind farm near Incheon on November 30. A total of eight trillion won ($6.1 billion) will be injected into the project designed to provide electricity to Incheon and its surrounding cities. The wind farm is set to be operable in 2030.
"We will establish a symbiotic model where fishermen, residents, and others can flourish together throughout the development, construction, and operation of the Incheon offshore wind power project," an Orsted official said in a statement.
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