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SK Ecoplant and SK Oceanplant Participate in Ulsan Floating Offshore Wind Power Project

Global Green Energy Investment Firm CIP Partners Up

SK ecoplant and its offshore wind specialized subsidiary SK Ocean Plant are participating in the Ulsan floating offshore wind power project, the ‘Haeuli Offshore Wind Project’.


On the 2nd, SK ecoplant announced that on the 31st of last month, it signed a business agreement for collaboration in the manufacturing, transportation, and installation of the substructure for the Haeuli Project with Haeuli Offshore Wind Power at its headquarters in Susong-dong, Jongno-gu, Seoul.

SK Ecoplant and SK Oceanplant Participate in Ulsan Floating Offshore Wind Power Project On the 31st, at the SK Ecoplant headquarters in Susong-dong, Jongno-gu, Seoul, a commemorative photo was taken during the MOU signing ceremony for collaboration in the production, transportation, and installation of floating bodies for the Ulsan Floating Offshore Wind Power "Haeul-i Project." From left to right: Kim Jeong-hoon, Head of SK Ecoplant Solution BU; Lee Seung-chul, CEO of SK Ocean Plant; and Jonathan Spink, CEO of Haeul-i Offshore Wind Power Co., Ltd. Photo by SK Ecoplant

The signing ceremony was attended by Kim Jeong-hoon, Head of SK ecoplant Solution BU, Lee Seung-cheol, CEO of SK Ocean Plant, and Jonathan Spink, CEO of Haeuli Offshore Wind Power.


Haeuli Offshore Wind Power is a Ulsan offshore wind project corporation of CIP, a global green energy investment management company. The ‘Haeuli Project’ is a large-scale project to establish a 1.5GW floating offshore wind farm in the eastern waters of Ulsan.


Through this agreement, SK ecoplant and SK Ocean Plant promised mutual cooperation and support for the success of the ‘Haeuli Project.’ Based on extensive domestic and international offshore construction and engineering experience, SK ecoplant will share know-how in the transportation and installation of floating bodies and support supply chain optimization measures.


SK Ocean Plant will strengthen cooperation in the manufacturing of floating bodies based on its globally recognized offshore wind structure manufacturing technology and supply capacity. In particular, SK Ocean Plant is establishing a new specialized production base for offshore wind structures covering 1.57 million square meters in Donghae-myeon, Goseong-gun, aiming for completion by the end of 2026. The new production base will have production capabilities for all offshore wind structures, including fixed substructures such as jackets, floating substructures such as floaters, and offshore substations.


Lee Seung-cheol, CEO of SK Ocean Plant, said, “From 2027, when the new production base is completed, the domestic and international floating offshore wind market is expected to expand significantly. Based on a solid partnership with Haeuli Offshore Wind Power, we will strive to become a global leader not only in fixed substructures but also in the floating body market.”


Kim Jeong-hoon, Head of SK ecoplant Solution BU, said, “SK ecoplant has secured the value chain from offshore wind power project development to EPC (engineering, procurement, and construction) and core equipment manufacturing. Based on synergy with SK Ocean Plant, our offshore wind specialized subsidiary, we will expand our influence in the transportation and installation of offshore wind substructures and floating bodies.”


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