Ulsan Offshore is a 136MW offshore wind power project. It is planned in Korea Strait, Ulsan, South Korea. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2025.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Offshore 136 – 136 Permitting Ulsan, South Korea SK Engineering & Construction

Description

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The project is being developed and currently owned by SK Engineering & Construction.

The project cost is expected to be around $464.14m. The project will be spread over an area of 18.6km².

The wind power project consists of 17 turbines, each with 8MW nameplate capacity.

Development Status

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Post completion of the construction, the project is expected to get commissioned in 2025.

About SK Engineering & Construction

SK Engineering & Construction Co Ltd (SK E&C), a subsidiary of SK Holdings Co Ltd, is a general construction contracting company. SK E&C offers engineering, procurement and construction (EPC) services in the areas of housing, petrochemical, infrastructure, industrial, and technology sectors. The company executes the construction of residential buildings, intelligent buildings, cultural facilities, hostels, sports complexes and other construction and engineering-related projects. SK E&C also provides project development, financing, engineering, procurement, and operation and maintenance related services. It provides petrochemical, oil refining, and gas plant construction services, and industrial plant and engineering services. SK E&C has operations in Asia, Europe, the Middle East and the Americas. The company is headquartered in Seoul, South Korea.

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Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.