1 September 2020 by Andrew McCorkell
GIG and Total agree deal to produce a profile of drifting wind that is offshore Korea with a preliminary policy for five tasks
A deal finalized by the Macquarie-owned Green Investment Group (GIG) and oil that is french gasoline giant complete has committed both businesses to five projects вЂ” three in Ulsan totalling 1.5GW and two in Southern Jeolla Province for 800MW.
Developing work will start up in autumn of 2020 when regulatory permits are guaranteed.
The contract comes included in the Korean governmentвЂ™s New contract plan and a target of 12GW of offshore wind by 2030.
Mark Dooley, international mind of MacquarieвЂ™s GIG stated: ” Many Many Thanks in large component towards the countryвЂ™s world-class shipbuilding and marine plant infrastructure, GIG and Total see significant possibilities for drifting overseas wind in Korea.”
CIG has launched a wind information collection campaign, while construction associated with very first phase that is 500MW of Ulsan task should begin prior to the end of 2023.
Like in investor and designer of green infrastructure, GIG has supported 16 wind that is offshore representing very nearly 5.5GW of ability in construction and operations.
In addition it includes a development that is global greater than 25GW, including 4.5GW of offshore wind development capability across Asia. Continue reading “Total and Green Investment Group set to produce capacity that is 2.3GW Korea”