Cheongsapo Offshore Wind Power Project is a 40MW offshore wind power project. It is planned in Sea of Japan, Busan, South Korea. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Offshore 40 – 40 Permitting Busan, South Korea G-Wind Sky

Description

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The project is being developed by G-Wind Sky and is currently owned by Green Investment Group.

The project is expected to generate 100,000MWh electricity and supply enough clean energy to power 35,000 households. The project cost is expected to be around $138.02m.

The wind power project consists of 9 turbines.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2024.

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.