Vestas Inks Preferred Supplier Deal for 390MW Offshore Wind Project in South Korea

Wind turbine manufacturer has entered into a preferred supplier agreement with Hanwha Corporation E&C Division for the proposed 390MW Shinan Ui wind project in 's Shinan County, located in the South Jeolla Province. The venture is spearheaded by Shinan Ui Offshore Wind, a special purpose company established collaboratively by Hanwha Corporation E&C Division, SK D&D, and KOEN.

Should the project come to fruition, it is set to incorporate 26 V236-15.0MW turbines, to be situated on fixed foundations in the south-eastern waters of Ui Island. Vestas, in addition to supplying the turbines, will also provide a 20-year operation and maintenance service for the upon its operational commencement.

Purvin Patel, President of Vestas Asia Pacific, expressed gratitude for the trust placed in Vestas by its Korean partners, stating, “By further expanding the deployment of our flagship offshore turbine model, V236-15.0MW, we will actively contribute to the realization of a decarbonized society in South Korea and continue as a leader in offshore wind.”

Nam Cheol Lee, Head of Wind Power Business at Hanwha Corporation E&C Division, outlined the company's ambitions to strengthen its standing in the sector by undertaking large-scale wind power projects that demand high-quality technology. Lee emphasized the intention to expand business to 3GW by 2030, leveraging accumulated expertise and technology in wind power generation.

The agreement, if it progresses into a firm and unconditional order for Vestas, will be incorporated into Vestas' wind turbine order backlog. This collaboration signifies a stride forward in advancing South Korea's ambitions in renewable energy and offshore wind development.

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