International
Bay Ware and Ulsan City sign a memorandumof understanding on offshore wind power
Seetao 2021-11-29 14:18
  • The signing of the memorandum of understanding marks another milestone in BayWare's ambitions in the field of offshore wind power
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According to BayWare, Floating Wind has gained a high degree of public support in Ulsan City, partly because Song Zheho, the city’s chief, promoted the development of the industry and thereby brought benefits to the local community. Public support is a key consideration for the South Korean government in determining where offshore wind power should be focused. By 2030, multiple developer consortia near Ulsan may develop several thousand megawatts of floating wind power.

Offshore Wind Power Project in Ulsan, South Korea

BayWare CEO Matthias Tuft said: “It’s an honor to work with Mayor Song Zheho and outstanding representatives of Ulsan City, Hyundai Heavy Industries, Sejin Heavy Industries, Korea Energy Agency and Korea Hydrogen Energy Industry Association. We intend to establish a successful partnership between Bay Ware and Ulsan City, and we respect Ulsan City’s commitment to help promote South Korea’s climate goals, while also realizing the benefits that renewable energy projects can bring to local industries and communities. This month’s COP26 It has been proven that if we are to achieve climate goals, cooperation between countries is essential. We now look forward to advancing cooperation with Ulsan City and local communities to deliver the project in the best possible way."

BayWa opened a new office in Seoul in 2019, re-entered the Korean market, and actively promoted onshore and offshore wind and solar development in the region. The company attaches great importance to key partnerships with local suppliers, distributors and contractors, and is committed to using these partnerships in the progress of Ulsan's work to ensure that the region gets the most benefits. Keywords: engineering construction, engineering news

The Mayor of Ulsan City said: "Technical experience, strong local partnerships, and commitment to the development of the Ulsan area are vital attributes for the partners we are looking for. We found this at BayWa and it’s a pleasure to visit BayWa The re team established our common ambition to develop offshore wind power to bring economic benefits to local communities, and most importantly, to contribute to the global renewable energy transition.” In addition, in September 2021, BayWa was regained Participated in the prequalification of Europe's largest industrial-scale floating wind power tender held in Brittany, France.Editor/XingWentao

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