Selected as Preferred Bidder for the Haesong Offshore Wind Project
LS Cable & System has been selected as the preferred bidder for the supply of submarine cables in the Haesong Offshore Wind Project, the largest offshore wind power project in South Korea. Together with its subsidiary LS Marine Solution, which was previously selected as the preferred bidder for submarine cable installation, the company will carry out the entire process from design and production to installation in an integrated manner.
On the 17th, LS Cable & System announced that it had been selected as the preferred bidder for the supply of submarine cables for the Haesong Offshore Wind Project. The Haesong Offshore Wind Project is South Korea's largest offshore wind development, consisting of two offshore wind farms with a total capacity of 1GW (504MW each), to be built near Heuksando in Sinan-gun, Jeollanam-do. This project is expected to serve as an important milestone in achieving the country's energy transition and carbon neutrality goals.
On the morning of the 17th, at the LS Yongsan Tower in Yongsan-gu, Seoul, a commemorative photo was taken at the signing ceremony of the Priority Supply Agreement (PSA) for the Haesong Offshore Wind Project submarine cable. The photo features Ji-An Kwon, Director of Supply Chain Strategy at Haesong Offshore Wind Power Co., Jonathan Spink, CEO of COP Korea, Seung-Ki Park, Executive Director of Domestic Sales Division at LS Cable & System Energy, and Sung-Woo Lee, Team Leader of Domestic Sales Team 2 at LS Cable & System Energy. LS Cable & System
The project is led by Copenhagen Infrastructure Partners (CIP), a global green energy investment and development firm, which oversees investment and overall project management. Its subsidiary, Copenhagen Offshore Partners (COP), is responsible for project development tasks such as permitting and technology development.
LS Cable & System has previously worked with CIP and COP on projects such as the Changfang·Xidao (595MW) and Zhong Neng (295MW) offshore wind farms in Taiwan, as well as the Jeonnam Offshore Wind Farm Phase 1 (96MW) in South Korea. In addition, LS Cable & System has been selected as the preferred bidder for other projects, including the Fengmiao (500MW) offshore wind farm in Taiwan and the Taean Offshore Wind Farm (504MW) in South Korea, further expanding its collaboration.
Seung-Ki Park, Executive Director of Domestic Sales Division at LS Cable & System Energy, stated, "The Haesong Offshore Wind Project is a business that can maximize the synergy between LS Cable & System and LS Marine Solution," adding, "We will strengthen the competitiveness of the domestic offshore wind supply chain and contribute to the development of the renewable energy industry."
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