Sinan Offshore Project is a 396.8MW offshore wind power project. It is planned in Yellow Sea, South Jeolla, 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 2024 and is expected to enter into commercial operation in 2030. Buy the profile here.

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Description

The project is being developed and currently owned by Hanwha Engineering & Construction, Korea South-East Power and SK D&D. The company's ownership stake in the project stands as 33.34%, 33.33% and 33.33% respectively. The turbines will be mounted on fixed type foundations.

Development status

The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2030.

Contractors involved

Vestas Offshore Wind will be the turbine supplier for the wind power project. The company is expected to provide 26 units of V236-15.0 MW turbines.

Vestas Offshore Wind is expected to perform operations and maintenance for the wind power project for a period of 20 years.

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About Hanwha Engineering & Construction

Hanwha Engineering & Construction Corp (Hanwha E&C), a subsidiary of Hanwha Corp, is a construction service provider. The company provides services such as development, engineering, procurement and construction. It also provides property development, landfills and site development, and environmental restoration services. Hanwha E&C constructs and develops projects in the areas of plant, civil works, commercial, buildings, residential, housing, and others. The company conducts research and development to develop new technologies. It operates projects in Gunpo, Hwasung and Paju, South Korea. Hanwha E&C is headquartered in Seoul, South Korea.

About Korea South-East Power

Korea South-East Power Co Ltd (KOSEP), a subsidiary of Korea Electric Power Corp, is an electric utility. It produces and sells electricity in domestic and international markets. The company develops electric power resources; and generates electricity using coal, gas, steam, hydro, solar and other sources. KOSEP trades electricity through Korea Power Exchange to KEPCO as its trading partner. The company operates various thermal power plants, combined cycle power plants, internal combustion, hydro, solar and other renewable energy plants. KOSEP is headquartered in Jinju-si, Republic of Korea (South Korea).

About SK D&D

SK D&D Co Ltd is a Korea-based company mainly engaged in the development of real estate. The Company operates its business through five segments. The Real Estate Development segment develops non-residential real estate such as offices, knowledge industry

This content was updated on 10 July 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.