Equinor, Korea National Oil Corporation (KNOC) and the Korean power company Korea East-West Power (EWP) have formed a consortium to develop floating offshore wind project Donghae 1, off Ulsan in South Korea.
The consortium is currently launching the development of a 200MW floating wind farm near the KNOC-operated Donghae natural gas field, and will carry out a feasibility study for the wind farm.
The construction of the wind farm is likely to start in 2022 pending results of the feasibility study.
“We are very pleased to be member of the partnership involved in realising the first floating offshore wind farm in Asia,” said Stephen Bull, senior vice president for the wind and low carbon cluster of New Energy Solutions in Equinor.
