EDF Renewables has completed the acquisition of Shell Overseas Holdings' shares in West Sea Energy 1 - a significant expansion into the South Korean offshore wind sector.

West Sea Energy 1 is a company focused on exploring the development of a high-power offshore wind project in South Korea.

It is the first offshore wind facility owned by EDF Renewables in the country and has a maximum capacity of 1.5GW.

EDF Renewables will now proceed with the project's development.

The company has been active in South Korea since 2022 and the acquisition is a strategic move for EDF Renewables. It aligns with the company’s goal to strengthen its footprint in the offshore wind sector across the Asia-Pacific region.

The company is now preparing for the next phase, which involves securing the electricity business licence by 2025.

EDF Renewables Asia-Pacific director Patrick Charignon stated: “The acquisition of this project, which is our first investment in South Korea, marks a new step in our development in Asia-Pacific.

“With nearly 15 years of experience in offshore wind and 3.7GW of installed wind and solar capacity in the region, we are determined to support the energy transition through innovative low-carbon projects that create local jobs and respect the environment.”

EDF Renewables is known for developing, constructing and operating renewable energy power plants.

In August 2024, EDF Renewables UK announced plans to enhance the country’s energy infrastructure by introducing 300MW of battery storage projects.

This development is a key milestone in the UK's efforts to decarbonise its power grid and highlights the accelerating progress of the energy transition.

EDF Renewables UK's six current construction projects are anticipated to be up and running by the summer of 2025.