A Korean shipyard has taken a big step forwards in the offshore wind sector. HSG Sungdong Shipbuilding & Marine Engineering has won a multi-million dollar contract from Danish utility Ørsted to supply offshore wind power substructures for a power complex being built offshore in Changhua, Taiwan.
Renewable energy produced from a 920 MW wind farm scheduled for completion at the end of 2025 will be supplied to TSMC, the world’s largest semiconductor company. The contract marks the first time HSG Sungdong has won an order for an offshore wind power substructure on its own.
The yard was created in 2003 at the start of a global shipbuilding boom 20 years ago. Like many other Korean yards it ran into trouble after the global financial crisis, went into court administration before being taken over by a local firm three years ago. Today, it focuses on offshore fabrication as well as block construction for ship hulls.
