Ulsan Floating Offshore Wind Farm_Saipem SPA 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 announced 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 2029. Buy the profile here.
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Description
The project is being developed and currently owned by Saipem. The company has a stake of 100%. The turbines will be mounted on floating type foundations.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2029.
For more details on Ulsan Floating Offshore Wind Farm_Saipem SPA, buy the profile here.
About Saipem
Saipem SpA (Saipem) is an engineering, procurement, construction (EPC) contractor. It offers engineering services, specializes in the design, construction, and operation of complex infrastructures and plants within the energy sector. Its operations span both offshore and onshore projects. The company offers a wide range of integrated solutions in the energy and sustainable infrastructure sectors. It also supplies modular and scalable plants and solutions in the renewable energy field. The company offers drilling services to oil and gas upstream companies. It also offers consulting services to clients in relation to installation and decommissioning of land and sub-sea structures. Its fleet includes drilling rigs, construction vessels, floating production and storage offloading vessels. It has operational presence in Europe, Americas, Africa, the Middle East, Far East and Oceania, Commonwealth of Independent States, and Asia. Saipem is headquartered in Milano, Italy.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
