LS Cable, LS Marine Solution sign deal on Taean offshore wind cable project
LS Cable & System and its affiliate LS Marine Solution have signed a deal with the developer of a 504-megawatt offshore wind farm off Korea’s west coast to supply and install its subsea cables, the companies said Monday. The two companies signed a capacity reservation agreement (CRA) with Taean Wind Power. A CRA reserves cable production capacity and installation vessel schedules before a final…
LS Cable and its affiliate LS Marine Solution have entered into a capacity reservation agreement with Taean Wind Power, the developer of a 504-megawatt offshore wind farm off Korea’s west coast. The agreement reserves cable production capacity and installation vessel schedules, following the developer's selection of the two companies as preferred bidders in 2024. The Taean offshore wind project, a joint venture between Korea Western Power, Vena Energy, and Copenhagen Infrastructure Partners, is scheduled for completion.
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