SK D&D, C&I Leisure, and Daewoo E&C Launch Full-Scale Offshore Wind Power Project at Gureopdo

SK D&D Secures Total 167MW Onshore Wind Power Project Rights
Advancing Mega Projects with 600MW Onshore and 1.7GW Offshore Wind Power Capacity

[Asia Economy Reporter Hwang Yoon-joo] SK D&D is accelerating its offshore wind power business by jointly investing in and developing the Incheon Gulupdo offshore wind power project.

On the 10th, SK D&D signed a joint development agreement for the Incheon Gulupdo offshore wind power project with C&I Leisure Industry and Daewoo Engineering & Construction at COEX in Samseong-dong, Seoul. The three companies plan to participate in a special purpose company (SPC) and jointly carry out development tasks such as financing and obtaining permits for the project.

This project involves establishing a 240MW wind power complex in the waters near Incheon Gulupdo, with construction targeted to begin in 2025. After obtaining the power generation business license in 2020, subsequent permits are currently being processed.

The Gulupdo project is significant as SK D&D is intensifying its offshore wind power business following the 400MW Shinan Ui project jointly promoted with Hanwha Construction and Namdong Power, further solidifying its position as the largest private wind power developer in Korea.

Currently, SK D&D owns wind power plants with a capacity of 84MW in Gasiri and Uljin. Including the 82MW Pungbaek wind power project scheduled to start construction in the first half of 2022, it is the largest private power producer in Korea with a total capacity of 167MW. Additionally, with the Uiseong wind power project of 88MW, which is about to complete its implementation plan approval in 2022, SK D&D aims to start construction of one wind power plant annually, pushing forward mega projects with 600MW of onshore wind power and 1.7GW of offshore wind power.

Kim Hae-jung, Head of Energy Solutions at SK D&D, said, "SK D&D will add momentum to this project based on its capabilities across the entire value chain from development, investment, EPC, to O&M, and its experience in creating successful cases of coexistence with residents and local communities at the Gasiri and Uljin wind power plants. From the perspective of strengthening ESG management, we will significantly expand our renewable energy business portfolio and strive to generate continuous and stable profits."

Meanwhile, SK D&D, which has been steadily developing renewable energy projects since 2008, is accelerating its efforts by expanding its business areas to include ESS, solar power, and hydrogen fuel cells alongside wind power generation.

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