about 1 year ago
The 1,125 MW MunmuBaram floating offshore wind farm, being developed by Hexicon and Shell in South Korea, has entered into a Transmission Service Agreement (TSA) with Korea Electric Power Corporation (KEPCO). MunmuBaram is collaborating with two other developers on the grid connection facilities. Th
The 1,125 MW project is planned to be built approximately 60 kilometres off the coast of Ulsan, in the southeast region of South Korea.
In February, Hexicon signed an agreement with Shell to acquire the full stake of the MumnuBaram project. From 1 July 2024, Hexicon is formally operating the wind farm. A change of control application has been submitted to the South Korean authorities that is currently being processed, Hexicon said.
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