Aker Solutions and Principle Power Secure Contract for 1 GW Floating Wind Projects in South Korea

Credit: Aker Solutions

, in collaboration with technology specialist , has clinched a significant deal to undertake the front-end engineering and design (FEED) for 1 GW of floating wind projects in South Korean waters.

The contract, awarded by (CIP), represents a major step forward in the development of wind energy in the region. While financial specifics were not disclosed, Aker Solutions confirmed the agreement on Thursday, highlighting the strategic partnership's commitment to advancing renewable energy infrastructure.

See also: Danish Firm K2 Management Selected as Owner's Engineer for 420 MW Offshore Wind Project in South Korea

Under the terms of the contract, Aker Solutions and Principle Power will spearhead the FEED study for two key projects: the 500-MW Haewoori 2 and the 500-MW Haewoori 3. The collaborative effort is set to commence immediately, with completion expected by November of this year.

Aker Solutions' responsibilities encompass a wide range of tasks, including coordinating the design and delivery of floating foundation structures, as well as conducting the front-end engineering design for various components such as inter-array cables, marshaling ports, wind turbine integration, and transportation and installation. Concurrently, Principle Power will leverage its expertise in WindFloat technology to devise the floating platforms and mooring systems essential for the projects' success.

See also: CIP and HSG Sungdong Join Forces for 1500MW Haewoori Offshore Wind Project in South Korea

Additionally, the intricate design and implementation of transportation and installation processes will be managed by Windstaller Alliance, a joint venture comprising Aker Solutions, DeepOcean, and Solstad Offshore. This collaborative effort underscores the commitment of industry leaders to not only drive innovation but also ensure the efficient execution of complex offshore wind projects.

The selection of Aker Solutions and Principle Power for this crucial phase underscores their track record of excellence and underscores the confidence placed in their capabilities by industry stakeholders. As South Korea seeks to diversify its energy mix and reduce reliance on traditional fossil fuels, the advancement of floating wind technology represents a significant milestone in achieving sustainable energy goals.

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