HD Hyundai Heavy Industries wins contract for 500-MW offshore substation in Taean
HD Hyundai Heavy Industries has signed a contract to build an offshore substation for a wind farm in waters off Taean, South Chungcheong Province, as it expands its presence in the offshore wind market. The company announced on Friday that it recently signed a contract with Taean Wind Power to carry out the engineering, procurement, fabrication, installation and commissioning of an offshore…
Hyundai Heavy Industries secures contract for 500-MW offshore wind substation in Taean
South Korean heavy machinery manufacturer HD Hyundai Heavy Industries has inked a deal to construct an offshore substation for a wind farm located off the coast of Taean, South Chungcheong Province. The company disclosed on Friday that it had recently entered into a contract with Taean Wind Power, a joint venture comprising Singapore's Vena Energy, Danish investment firm Copenhagen Infrastructure Partners, and Korea's state-owned Western Power.
The offshore substation project will see HD Hyundai Heavy Industries handle the engineering, procurement, fabrication, installation, and commissioning of the facility. Offshore substations are crucial components in offshore wind farms, as they facilitate the transmission of electricity generated by turbines from the sea to the mainland grid.
HD Hyundai Heavy Industries secured the project through a series of agreements, commencing with a front-end engineering design contract in March, followed by a preferred supplier agreement. This contract represents an expansion of HD Hyundai Heavy Industries' footprint in the offshore wind market.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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