The government’s goal is to grow renewable energy production by around 60 GW in the run-up to 2034, of which 12 GW could come from offshore wind by 2030.
Pål Eitrheim, executive vice president in Renewables at Equinor, said: “We want to develop the first commercial floating offshore wind farm in South Korea. We have worked with the Korean supply chain for many years and know its qualities and capabilities.”
The country’s coastal water depths mean that floating solutions will be needed to meet the government’s renewable energy ambitions.
Equinor, which has had representation in the country since 2014, has worked with local yards and suppliers to support construction of platforms and vessels.
For the South Korean projects, the company plans to deploy the Wind Semi concept which has been developed specifically for Korean waters and local conditions.