Ulsan Floating Offshore_KFWind 2 is a 450MW 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 2029. Buy the profile here.

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Description

The project is being developed by Korea Floating Wind Power. EDP Renovaveis and Mainstream Renewable Power are currently owning the project having ownership stake of 66.7% and 33.3% respectively. The turbines will be mounted on floating type foundations.

Development status

The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2029.

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About Korea Floating Wind Power

Korea Floating Wind Power is engaged in production, development and supply of electricity using offshore wind projects. The company is headquartered in Nam-gu, Ulsan city, South Korea.

This content was updated on 22 April 2024

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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.