South Korea plans to develop $9 billion offshore wind power project

Recently, South Korea decided to invest 9 billion US dollars to develop offshore wind power projects to ensure that offshore wind power can reach 2.5 GW in 2019. The offshore wind power project is mainly developed and constructed by the Korea Electric Power Company.
According to analysts in South Korea, the offshore wind power project is a stage for Korean companies to promote the company's products, which is of great significance. If we aim to develop overseas, whether we can produce excellent performance will be the key to success.
In the process of Korean domestic companies participating in offshore wind power generation, the Korean government will also support small-scale wind power projects on both offshore and land. Companies involved in bidding for this offshore wind power project generally do not have the experience of supplying turbines to offshore wind power facilities. However, Korean shipbuilding companies can flexibly apply the relevant expertise in building offshore oilfield drilling platforms, which is the strength of Korean shipbuilding companies.

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