Norway/South Korea – South Korea’s POSCO E&C has inked a groundbreaking partnership with Norwegian giant Equinor to bring the ambitious 750 MW Ulsan Firefly floating offshore wind farm to life.
The partnership between POSCO E&C and Equinor transcends conventional boundaries. Through this strategic alliance, POSCO E&C is poised to harness Equinor’s experience and prowess in the renewable energy sector. This extends beyond mere wind farm development, encompassing facets like construction, transportation, and beyond.
Ulsan Firefly
At the heart of this collaboration lies the awe-inspiring 750 MW Ulsan Firefly floating offshore wind farm. Spanning two vast 75-square-kilometer domains, this colossal venture is set to emerge as a beacon of innovation 70 kilometers off the coast of Ulsan. The innovative low draft semi-submersible floating concept, Wind Semi, forms the bedrock of this revolutionary project, promising to unlock unprecedented potential for harnessing the power of offshore winds.
A vital step towards realizing the Ulsan Firefly vision was marked by a comprehensive marine geophysical survey. Spearheaded by South Korea’s ocean exploration stalwart Geoview, this survey laid the groundwork for the offshore wind project’s robust foundation. This survey, conducted last year, laid the crucial groundwork for informed decision-making and precision-driven execution.
Collaboration
POSCO E&C’s commitment to the Ulsan Firefly project has been unwavering. The conceptual design of an on-land transmission line has been in progress since the beginning of the year, positioning the project for seamless integration into Korea’s energy infrastructure. Moreover, POSCO E&C’s collaboration extends to esteemed partners beyond Equinor. The technical cooperation deal inked with Norwegian powerhouse DNV further amplifies the project’s trajectory towards success.
Impact
This partnership augments the pursuit of South Korea’s renewable energy goals. By venturing into offshore wind power, the nation is poised to diversify its energy portfolio while contributing significantly to global sustainability efforts. The Ulsan Firefly project encapsulates a model of cooperation that can propel South Korea towards achieving its renewable energy ambitions.
