Ulsan Offshore Wind Project_GIG is a 1,500MW 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 multiple phases. 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 by BadaEnergy, Gray Whale Offshore Wind Power No 2 and Gray Whale Offshore Wind Power No1. The project is co-owned by Green Investment Group, SK Ecoplant and TotalEnergies, with their respective ownership stake of 33.33% each.

The project is expected to supply enough clean energy to power 1,500,000 households, to offset 2,300,000t of carbon dioxide emissions (CO2) a year. 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 2027.

Contractors involved

HD Hyundai Heavy Industries is expected to render engineering procurement construction services for the Ulsan Offshore Wind Project_GIG (Ulsan Offshore Wind Project Phase III).

Ulsan Offshore Wind Project_GIG (Ulsan Offshore Wind Project Phase I) will be equipped with Vestas Offshore Wind. The phase consists turbines with 15MW nameplate capacity.

Ulsan Offshore Wind Project_GIG (Ulsan Offshore Wind Project Phase II) will be equipped with Vestas Offshore Wind. The phase consists turbines with 15MW nameplate capacity.

Ulsan Offshore Wind Project_GIG (Ulsan Offshore Wind Project Phase III) will be equipped with Vestas Offshore Wind V236-15.0 MW turbines. The phase consists of 33 turbines with 15MW nameplate capacity.

For more details on Ulsan Offshore Wind Project_GIG, buy the profile here.

About BadaEnergy

BadaEnergy, a joint venture of Corio Generation, TotalEnergies, and SK Ecoplant specializes in the development, construction, and operation of offshore wind projects. The company is headquartered in Seoul, Republic of Korea.

About Gray Whale Offshore Wind Power No 2

Gray Whale Offshore Wind Power No 2 Co Ltd (Gray Whale Offshore Wind Power No 2) is a renewable energy company that develops, builds, owns and operates renewable energy generation. The company is headquartered in South Korea.

About Gray Whale Offshore Wind Power No1

Gray Whale Offshore Wind Power No1 Co Ltd (Gray Whale Offshore Wind Power No1) is a renewable energy company that develops, builds, owns and operates renewable energy generation. The company is headquartered in South Korea.

This content was updated on 25 January 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.