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Pacifico Energy Korea Signs MOU with 3 Offshore Wind Supply Chain Firms in Gwangyang Bay
🇰🇷 South Korea /Economy & Trade

Pacifico Energy Korea Signs MOU with 3 Offshore Wind Supply Chain Firms in Gwangyang Bay

From Chosun Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

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  • Pacifico Energy Korea, a US-based renewable energy firm, signed an MOU with three offshore wind power supply chain companies in the Gwangyang Bay.
  • The agreement aims to establish an optimized regional supply chain for the 3.2-gigawatt Jindo offshore wind power cluster.
  • The MOU involves collaboration on the production of offshore wind substructures and offshore transportation/logistics services.

Pacifico Energy Korea, a renewable energy company headquartered in the United States, has taken a significant step towards bolstering South Korea's offshore wind power sector. The company signed a Memorandum of Understanding (MOU) with three local supply chain partners located in the Gwangyang Bay area of Jeonnam Gwangju Special City.

This strategic collaboration is designed to build an optimized regional supply chain specifically for the 3.2-gigawatt Jindo offshore wind power cluster. The initiative aims to enhance the efficiency and capabilities of the local industry in supporting large-scale renewable energy projects.

The MOU encompasses key areas of cooperation, including the production of offshore wind substructures by EEW KHPC and the provision of offshore transportation and logistics services by KMC Line. These partnerships are crucial for the successful development and operation of the Jindo offshore wind farm.

DistantNews Editorial

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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