By Renewable energy development behemoth Macquarie is eying a floating turbine project in South Korea as interest in offshore wind grows across Asia Pacific.
The developer is reportedly partnering with South Korea’s Gyeongbuk Floating Offshore Wind Power for a 1-gigawatt project located around 30 miles from Pohang and Ulsan.
Robert Liew, senior analyst for Asia Pacific at Wood Mackenzie-owned MAKE Consulting, said the lack of details suggest the project is still in its early planning stages.
“It would be more likely to see the light of day if the developer announced they had received permitting for the project, as getting local
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Originally appeared in Renewable Energy News / Asia’s Offshore Wind Sector Diversifies