- Published: 17 November 2021 17 November 2021
Equinor has signed a Memorandum of Understanding (MoU) with Korean East-West Power (EWP) to cooperate on 3 GW of offshore wind projects in South Korea.
The Korean Government has set out an ambition to grow renewables by ~60 GW to 2034, of which 12GW is targeted for offshore wind by 2030. The partners want to develop the first commercial floating offshore wind farm in South Korea. Equinor will use the Wind Semi for its projects in South Korea as this technology has been developed specifically for Korean waters and local condition.