By: Yazan Zafar On: December 14, 2021 In: Comments: 0

Located near Cheongsapo in Busan, South Korea, the 40 MW development is expected to commence commercial operations in 2024.

GIG’s global offshore wind development portfolio now stands at 12.7 GW, including 3 GW of planned capacity in Korea. To reduce the country’s heavy reliance on nuclear and coal imports, the Korean government’s RE3020 plan promotes a significant increase in green energy, with a particular focus on offshore wind and associated job creation. The projects in GIG’s portfolio will play a significant role in the delivery of country’s ambitious target to deliver 12 GW of offshore wind capacity by 2030.

 

Trackback URL: https://greenbanknetwork.org/member-transaction/cheongsapo-offshore-wind-project-in-busan/trackback/