South Korea’s CS Wind Builds Offshore Wind Turbine Towers in Vietnam

May 2024

South Korea-based manufacturer of wind turbine towers CS Wind has produced the first wind turbine tower in Vietnam’s Ba Ria Vung Tau province for an offshore wind farm being developed by Copenhagen Infrastructure Partners (CIP) and SK E&S in South Korea.

According to Stuart Livesey, CEO of Copenhagen Offshore Partners (COP) Vietnam, CS Wind is manufacturing the towers under a contract with Siemens Gamesa for the Jeonnam I project, a 99 MW commercial-scale offshore wind farm in Korea. CIP and South Korea’s energy company SK E&S formed a partnership several years ago to build and operate floating wind farms in the region.

In June 2023, the Danish developer secured an Investment Notification Form for USD 350 million from CIP’s Flagship funds to support the development and construction of gigawatt-scale offshore wind projects in South Korea.

CIP has been developing offshore wind projects in South Korea since 2018 and has secured Electric Business Licenses (EBLs) for several of its offshore wind farms there. These projects include both fixed-bottom and floating wind farms located in Jeonnam Province, including Shinan County, Yeonggwang County, and the Ulsan region, and are being developed by Copenhagen Offshore Partners, CIP’s exclusive offshore wind development partner.

In October 2023, SK E&S and Copenhagen Infrastructure Partners reached financial close for the Jeonnam I project, marking the first Korean commercial-scale offshore wind farm set to go into operation.

(Source: Offshorewind)

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