Visit windpowermonthlyevents.com for the latest on our upcoming conferences and webcasts

South Korea

South Korea

ECN signs MOU with Posco for South Korean initiative

SOUTH KOREA: The Dutch Energy Research Centre (ECN) has signed a memorandum of understanding with Korean engineering group Posco Power to develop renewables initiatives.

The Doosan-led offshore project will be off South Korea's southern coast
The Doosan-led offshore project will be off South Korea's southern coast

The agreement covers wind, solar and bio-energy. A joint-statement said the greatest focus would be on developing Posco's first offshore wind farm in South Korea.

In September, Posco signed an MOU with Doosan Heavy Industries and state utility Korea Electric Power Corp to build a 60MW offshore project off the South Korean coast.

The $230-million project will be built off Jeju Island, which is located off the South Korea's southern coast. Experts suggest the country could generate as much as 15.48GW through offshore wind.

Posco CEO Soung-Sik Cho said: "Joining forces with ECN which has been developing industry friendly green energy technologies will accelerate the efforts of Posco to realize it’s green energy business".

Robert Kleiburg, ECN’s R&D Director said: "Thanks to the collaboration with Posco Power, our expertise and technology will find their way to the market and energy production.

"We are convinced that we can provide Posco with the knowledge and technologies they need for production of renewable energy more efficiently and at lower cost."

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Only [DAYS_LEFT] days Subscribe Now

Left of your Windpower Monthly free trial

Your free trial Subscribe Now

to Windpower Monthly has expired

Windpower Monthly Events

Search more than 4,500 companies in the Windpower Directory

Latest Jobs