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Country summary: South Korea

energy-pedia opportunities - South Korea:
Current deals: 0
Licensing articles: 1
Completed deals: 0

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South Korea - recent news

15 Apr 25
South Korea: Octopus Energy ramps up Asian renewables push with South Korean investment
Octopus Energy’s generation arm accelerates its Asian renewables plans with a solar investment in South Korea, set to help ramp up clean power in the country. Octopus has backed a highly experienced and expert local team – Skygreen Energy – to develop up to 20 small- to medium-sized solar farms in the next two years.
11 Mar 25
South Korea: Ocean Winds secures Electricity Business License for 1,125MW Hanbando Offshore Wind Project
Ocean Winds has been granted the Electricity Business License (EBL) by the Electricity Regulatory Commission under the Ministry of Trade, Industry, and Energy (MOTIE) for the Hanbando Offshore Wind Project, its 1,125MW bottom-fixed project located in the Exclusive Economic Zone (EEZ) of Incheon, South Korea.
18 Feb 25
South Korea: LS Cable & System and LS Marine Solution partners with Balmoral Comtec to launch world's largest floating offshore wind project
Balmoral Comtec, a Balmoral Group company and a leading provider of buoyancy, protection and insulation services to the global offshore energy market, has signed a memorandum of understanding (MoU) for cooperation in the floating offshore wind power sector with LS Cable & System, one of the biggest cable manufacturers worldwide, and LS Marine Solution, Korea’s leading marine solution provider to collaborate in the floating offshore wind sector.
18 Nov 24
South Korea: Vestas wins 50 MW order in South Korea
Vestas has been awarded a 50 MW order in South Korea. Delivery is expected to begin in Q2 2025, with commissioning planned for first half of 2026.
24 Sep 24
South Korea: TotalEnergies to supply 200,000 tons per year of LNG to HD Hyundai Chemical until 2033
In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies has announced the signing of a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tons of LNG per year for 7 years starting from 2027.

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