Construction starts on South Korea's 390 MW Shinan Ui offshore wind farmOffshore windEnvironment and communitiesFinance and investmentProject development and delivery+1 Construction has started on the 390 MW Shinan Ui offshore wind project, with commercial operation targeted for January 2029. The KRW 3.4 trillion development will use 15 MW-class turbines, domestic financing and Korean suppliers for major equipment other than the turbines. |
Construction begins on Korea's 390 MW Shinan Ui offshore wind projectOffshore windEnvironment and communitiesFinance and investmentProject development and delivery+1 Construction has begun on the 390 MW Shinan Ui offshore wind project in Jeollanam-do, with commercial operation targeted for January 2029. The KRW 3.4 trillion project is Korea's first large offshore wind development financed entirely with domestic capital and will use local suppliers for substructures, cables, substations and installation vessels while enabling community profit-sharing. |