Firefly Offshore Wind Project is an 800MW offshore wind power project. It is planned in Sea of Japan (East Sea), Ulsan, South Korea. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2027. Buy the profile here.

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Description

The project is being developed and currently owned by Equinor. The company has a stake of 100%. The project will be spread over an area of 150km². The turbines will be mounted on floating semi-submersible foundations.

Development status

The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2027.

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About Equinor

Equinor ASA (Equinor), formerly Statoil ASA, is an energy company. The company's main activities include the exploration, production, and marketing of oil and gas; and the development of renewable and low-carbon energy solutions. It operates refineries, processing plants, storage, and terminals, and has interests in various oil and gas pipelines. Equinor’s major products include crude oil, condensate, natural gas, natural gas liquids, refined products, wind power, and other renewable energy sources. The company serves a wide range of customers, including individuals, businesses, and governments, providing energy for daily use, industrial applications, and infrastructure projects. Equinor operates through a global network of facilities and partnerships. The company has an operational presence in Europe, North and South America, Africa, and - Asia-Pacific. Equinor is headquartered in Stavanger, Rogaland, Norway.

This content was updated on 26 July 2024

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