SK Ocean Plant Wins 283.2 Billion KRW Offshore Wind Substructure Order in Taiwan

Order Backlog Rises to 1.5622 Trillion KRW This Year
SK Ocean Plant Secures Major Offshore Wind Contracts in Taiwan and Europe

A view of offshore wind substructures being manufactured at the SK Ocean Plant yard. SK Ocean Plant

On August 25, SK Ocean Plant announced that it had secured an order worth 283.2 billion KRW to supply offshore wind substructures to a Taiwanese offshore wind company. This is the company's fourth order this year, bringing SK Ocean Plant's order backlog to 1.5622 trillion KRW.

On the same day, SK Ocean Plant disclosed that it had signed a contract with Century Wind Power of Taiwan to supply offshore wind project substructures valued at 238.2 billion KRW. The contract period runs until March 2028. SK Ocean Plant stated, "Full-scale supply will begin in the first half of next year."

Previously, in the first half of this year, SK Ocean Plant secured orders for the Anma Offshore Wind Project (383.4 billion KRW), a Taiwanese offshore wind project (200.2 billion KRW), and the European DolWin4 & BorWin4 projects. A representative from SK Ocean Plant said, "This year, the order backlog for the offshore wind sector has surged to 1.0838 trillion KRW," adding, "We expect additional orders in the second half of the year, both domestically and in Taiwan." The total order backlog, including offshore wind and special vessels, has reached 1.5622 trillion KRW.

In Korea, expectations are rising for the expansion of offshore wind power ahead of the implementation of the Special Act on Offshore Wind Power. The gradual abolition of Taiwan's local content requirement (LCR) policy is also expected to be a positive factor for domestic offshore wind supply chain companies.

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