Doosan Heavy Industries & Construction has signed a technical cooperation agreement for floating offshore wind farm projects with SK Engineering & Construction (SK E&C).
Under the agreement, SK E&C will take on the development of the wind farm complex, including development of the business plan and obtainment of the licenses and permits.
Doosan will assume responsibility for the technology development to manufacture key equipment for floating offshore wind farms.
Doosan Heavy Industries & Construction EPC business group CEO Inwon Park (pictured, right) said: “Given the rising interest in floating offshore wind farms, the signing of this agreement will open up more business opportunities for us in the market.
“We will endeavour to successfully pursue the floating offshore wind power business, including projects in the Ulsan and south-east region of Korea, where we expect to see phased growth starting in 2023.”
Since May, Doosan has been participating in a national project led by Korea Institute of Energy Technology Evaluation and Planning (KETEP) to develop a floating offshore wind power generation system as part of the consortium formed with Korea South-East Power Company (KOEN) and Jeju Energy Corporation (JEC).