Donghae 1 Offshore Wind Farm is a 200MW offshore wind power project. It is planned in Sea of Japan (East Sea), Ulsan, South Korea. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2028. Buy the profile here.
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Description
The project is being developed and currently owned by Equinor, Korea East-West Power and Korea National Oil. The owners have 33.33% stake in the project respectively.
The project is expected to generate 780,000MWh electricity and supply enough clean energy to power 200,000 households. The turbines will be mounted on floating spar foundations.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2028.
Contractors involved
Doosan Enerbility will be the turbine supplier for the wind power project. The company is expected to provide 25 turbines, each with 8MW nameplate capacity.
For more details on Donghae 1 Offshore Wind Farm, buy the profile here.
About Equinor
Equinor ASA (Equinor), formerly Statoil ASA, is an energy company. The company's main activities include the exploration, production, and marketing of oil and gas; and the development of renewable and low-carbon energy solutions. It operates refineries, processing plants, storage, and terminals, and has interests in various oil and gas pipelines. Equinor’s major products include crude oil, condensate, natural gas, natural gas liquids, refined products, wind power, and other renewable energy sources. The company serves a wide range of customers, including individuals, businesses, and governments, providing energy for daily use, industrial applications, and infrastructure projects. Equinor operates through a global network of facilities and partnerships. The company has an operational presence in Europe, North and South America, Africa, and - Asia-Pacific. Equinor is headquartered in Stavanger, Rogaland, Norway.
About Korea National Oil
Korea National Oil Corp (KNOC) is a state-owned integrated oil company that carries out the exploration, development and production of oil and gas, and stockpiling of petroleum resources. It purchases and sells crude oil, distribute gasoline and refined products. KNOC also imports and exports crude oil and petroleum products, operates and leases stockpile facilities, and provides financing services for companies in energy, natural resources industries. It also provides other research services. The company has operations in Libya, Vietnam, Peru, Yemen, Venezuela, the US, Canada, the UK, Kazakhstan, and Iraq, among others. It carries out energy projects on behalf of the Korean government. KNOC is headquartered at Ulsan, South Korea.
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