Park Ji-won, Chairman of Doosan Heavy Industries, "Full-Scale Entry into the Offshore Wind Power Market"

The first domestic Tamna Offshore Wind Power Complex panorama (30MW scale)

[Asia Economy Reporter Changhwan Lee] Doosan Heavy Industries & Construction announced on the 19th that it will embark on a full-scale entry into the offshore wind power market.

Doosan Heavy Industries plans to develop its offshore wind power business into a business with annual sales exceeding 1 trillion won by 2025. Along with large gas turbines for power generation, offshore wind power is being cultivated as one of Doosan Heavy Industries' core businesses.

Park Ji-won, Chairman of Doosan Heavy Industries, said, "With the government's announced offshore wind power development plan, the domestic offshore wind power market is expected to grow rapidly," adding, "As a representative Korean company in the offshore wind power sector, we will actively participate in the Green New Deal policy and take the lead in contributing to the revitalization of the domestic offshore wind power industry ecosystem."

The company also plans to actively lead the revitalization of the domestic offshore wind power industry ecosystem. Since starting wind power technology development in 2005, Doosan Heavy Industries has continuously invested about 180 billion won, and recently, in line with the full-scale expansion of the domestic market, it plans to further increase investments in research and development (R&D) and production facilities.

Doosan Heavy Industries explained that the domestic component usage rate in its wind turbines reaches 70%. Approximately 400 domestic small and medium-sized enterprises participate in the production of parts such as blades and towers used in wind turbines.

The company also expects significant employment creation effects. If wind power production reaches an annual scale of 1GW, it is estimated that about 1,000 direct employees and approximately 17,000 jobs including partner companies will be created.

Doosan Heavy Industries emphasized that since 2005, it has been dedicated to wind power technology development and is the only domestic manufacturer of offshore wind turbines that has secured purely in-house technology and performance.

Currently, it holds a supply record of a total of 79 wind turbines nationwide, with a capacity of about 240 megawatts (MW), including Jeju Island and the West Sea. Among these, all domestic offshore wind turbines totaling 96MW, such as the 60MW Southwest Offshore Wind Power Demonstration and the 30MW Jeju Tamna Offshore Wind Power, are products of this company.

In 2018, the company began developing an 8MW-class large-capacity offshore wind turbine as a national project and is scheduled to complete product development by 2022. This product is designed to maintain a utilization rate of at least 30% even in environments with relatively low average wind speeds of 6.5m/s, such as those in Korea.

It explained that with the government's Green New Deal policy promotion, offshore wind power projects suitable for Korea's low wind speed environment are expected to expand further in the future.

This content was produced with the assistance of AI translation services.