Floating offshore wind projects, South Korea
Name of the Project
Floating offshore wind projects.
Location
The projects will be located off the coast of South Korea, on the eastern shore, in Ulsan, and the southern shore, in South Jeolla.
Project Owner/s
Total and Macquarie’s Green Investment Group (GIG) have concluded a 50/50 partnership to develop the projects.
Project Description
The project entails the development of five large floating offshore wind projects – three in Ulsan totalling 1.5 GW and two in South Jeolla province totalling 800 MW.
Potential Job Creation
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
The first 500 MW phase of the project in Ulsan is targeting start of construction by the end of 2023.
Latest Developments
GIG has started a comprehensive wind-data collection campaign to support the portfolio.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Total media relations, tel +33 1 47 44 46 99 or email presse@total.com
Total investor relations, tel +44 207 719 7962 or email ir@total.com.
GIG, tel +852 3922 4772 or email mediaasia@macquarie.com.
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