Doosan Heavy Industries and SK Engineering & Construction Establish Floating Offshore Wind Power Technology Collaboration System

Doosan Heavy Industries & Construction and SK Engineering & Construction signed a mutual agreement on floating offshore wind power technology cooperation on the 18th. Ahn Jae-hyun, President of SK Engineering & Construction (left), and Park In-won, Head of Plant EPC BG at Doosan Heavy Industries & Construction, are posing for a commemorative photo after signing the agreement.

[Asia Economy Reporter Ki-min Lee] Doosan Heavy Industries & Construction recently announced on the 19th that it has signed a mutual agreement with SK Engineering & Construction regarding floating offshore wind power technology cooperation.

The signing ceremony held on the 18th at SK Engineering & Construction's headquarters in Jongno-gu, Seoul, was attended by Ahn Jae-hyun, President of SK Engineering & Construction, and Park In-won, Head of Doosan Heavy Industries & Construction's Plant EPC (Engineering, Procurement, and Construction) Business Group.

Through this agreement, the two companies will establish a cooperative framework for the floating offshore wind power projects promoted by SK Engineering & Construction. SK Engineering & Construction will be responsible for project planning and permits related to wind power complex development, while Doosan Heavy Industries & Construction will undertake the development of core equipment manufacturing technology for floating offshore wind power.

Park, the Business Group Head, stated, "With growing interest in floating offshore wind power, this agreement allows us to explore market participation opportunities. We will strive for the successful advancement of floating offshore wind power projects, including those expected to gradually expand from 2023 in the Ulsan and Southeast Sea areas."

Earlier, since May, Doosan Heavy Industries & Construction has been participating in a national project for developing floating offshore wind power systems, forming a consortium with Korea Energy Technology Evaluation Institute as the lead agency, along with Korea South-East Power and Jeju Energy Corporation.

According to the 2020 Global Wind Energy Council report, global floating offshore wind power capacity is expected to increase from 100 MW this year to up to 13.6 GW by 2030. Doosan Heavy Industries & Construction also plans to invest in research and development and production facilities to expand its floating offshore wind power business.

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