Financial Ports

South Korea bets $3bn on 2.13GW offshore wind cluster—who wins?

CLAVE 1 / 42.13GW offshore wind cluster awarded to Pacifico Energy Korea in South Korea’s Jindo County.

CLAVE 2 / 4First phase (420MW Myeong Ryang) already licensed; 990MW Manho and 1.8GW Jindo Baram under review.

CLAVE 3 / 4Project aims to power advanced industries in Jeonnam-Gwangju and boost local jobs.

CLAVE 4 / 4Total investment estimated at $3 billion for the 3.2GW Jindo Project Cluster.

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