"Completion of the First Offshore Wind Power Project"
"Goals to Expand 2nd and 3rd Complexes and Overseas Markets"
LS Marine Solution has completed the installation of the subsea cable for the Jeonnam Offshore Wind Power Phase 1, the first project of the world's largest offshore wind power project with a scale of 8.2 gigawatts (GW). This achievement not only proves their technological capability and reliability in the domestic offshore wind power market but also lays the foundation for overseas expansion.
LS Marine Solution announced on the 26th that it has completed the subsea cable installation for Jeonnam Offshore Wind Power Phase 1. This project marks LS Marine Solution's first offshore wind power construction case.
Located in Sinan-gun, Jeonnam, Jeonnam Offshore Wind Power Phase 1 has a total power capacity of 96 megawatts (MW). It is scheduled to begin commercial production after completing trial operations in March next year.
The Jeonnam Offshore Wind Power Phase 1 project is the first phase of the world's largest offshore wind power project, which will expand to 8.2GW by 2035.
An LS Marine Solution official said, "We are actively pursuing entry into the global market, including Taiwan, as well as follow-up projects such as Jeonnam Offshore Wind Power Phases 2 and 3. Based on our capability to install the longest subsea cables domestically, we aim for sustainable growth."
Recently, LS Marine Solution, together with LS Cable & System, was selected as the preferred bidder to supply subsea cables for the approximately 500MW Taean Offshore Wind Power Complex in Chungnam. LS Cable & System will supply the subsea cables, while LS Marine Solution will handle the installation. They plan to provide an integrated solution from design to construction.
To strengthen its competitiveness in offshore wind power, LS Marine Solution is promoting a new business for Service Operation Vessels (SOVs) supporting offshore wind power. They plan to newly build the world's largest subsea cable installation vessel to secure differentiated competitiveness in the global market.
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