KF Wind finalises TSA for South Korean floating offshore wind [Yahoo! Finance]
Korea Electric Power Corporation (KEP)
US:NYSE Investor Relations:
home.kepco.co.kr/kepco/en/ntcob/list.do?boardcd=brd_000242&menucd=en03040201
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Source: Yahoo! Finance
The TSA is a pivotal arrangement that facilitates the integration of two phases of the floating offshore wind project: the 375 MW East Blue power phase and the 750 MW KF wind phase. The power generated by these phases will be interconnected at KEPCO's Shinonsan onshore station in Ulsan, bolstering the region's clean energy supply. KF Wind project director Austin Park stated: “This agreement marks a very important milestone in the development of KF Wind and a major step forward towards getting the project ready for construction.” The project is a joint venture between Ocean Winds and Mainstream Renewable Power. The advancement underscores the commitment to supporting South Korea's green energy ambitions and its transition towards sustainable power sources. KF Wind has been advancing the development of its sites, having received approval for the Environmental Impact Assessments from the country's Ministry of Environment, Trade and Industry in August 2024. The geotechnical s
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