Samsung Heavy Industries announced this week that it will build a wind farm off the coast of Jeju Island in Korea, in cooperation with Korea Southern Power Co. (KOSPO). The wind farm with a capacity to generate 84 megawatts of electricity will be Korea’s first offshore wind farm.
To build the wind farm, Samsung Heavy Industries will set up 12 7-megawatt wind power turbines. The Samsung-developed 7-megawatt turbine boasts the world's largest capacity and also lasts 25 years, longer than the average 20 years most turbines last.
What makes it more special is that Samsung Heavy Industries was awarded this project on an EPCI (Engineering, Procurement, Construction and Installation) order, meaning it will be responsible for managing the entire project. Once again, Samsung Heavy Industries has proven itself to be a one-stop provider of services related to wind power generation.
The construction of the plant in Jeju is expected to be completed by the end of 2014 and commercial operations to begin in 2015. KOSPO plans to expand the wind farm’s capacity to 200 megawatts in the future.
In meeting the growing global demand for wind power in line with each government’s pursuit for clean energy, Samsung Heavy Industries agreed in January to build a wind turbine plant in Fife, Scotland. In July, Samsung Heavy Industries built an engineering center in Hamburg, Germany, for developing key technologies for the industry.
Samsung Heavy Industry expects Europe’s wind power market to more than double to $30 billion by 2020 from the current $13.5 billion.
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