Sinan Offshore Project is a 396.8MW offshore wind power project. It is planned in Yellow Sea, South Jeolla, South Korea. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in 2030.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Offshore | 396.8 | – | 396.8 | Permitting | South Jeolla, South Korea | Hanwha Engineering & Construction; Korea South-East Power; SK D&D |
|---|
Description
Go deeper with GlobalData
The project is being developed by Hanwha Engineering & Construction, Korea South-East Power and SK D&D. These companies also have ownership stakes in the project.
The project cost is expected to be around $1,794.96m.
Development Status
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2030.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAbout Hanwha Engineering & Construction
Hanwha Engineering & Construction Corp (Hanwha E&C), a subsidiary of Hanwha Corp, is a construction service provider. The company offers services such as development, engineering, procurement and construction. It also provides property development, landfills and site development, and environmental restoration services. Hanwha E&C constructs and develops projects in the areas of plant, civil works, commercial, buildings, residential, housing, and others. The company conducts research and development to develop new technologies. It operates projects in Gunpo, Hwasung and Paju, South Korea. Hanwha E&C is headquartered in Seoul, South Korea.
About Korea South-East Power
Korea South-East Power Co Ltd (KOSEP), a subsidiary of Korea Electric Power Corp, is an electric utility. It produces and sells electricity in domestic and international markets. The company develops electric power resources; and generates electricity using coal, gas, steam, hydro, solar and other sources. KOSEP trades electricity through Korea Power Exchange to KEPCO as its trading partner. The company operates various thermal power plants, combined cycle power plant, internal combustion, hydro, solar and other renewable energy plants. KOSEP is headquartered in Jinju, Gyeongsangnam-do, South Korea.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
