Vestas forms joint venture for turbine production in South Korea
After signing an MoU on 9GW of floating wind in South Korean waters, Vestas forms a joint venture with CS Wind to explore opportunities for making rotor blades, towers, and assembling nacelles locally.
BY MAZ PLECHINGER, TRANSLATED BY DANIEL FRANK CHRISTENSEN
Owing to the aim of expanding to 12GW by 2030 from practically nothing, South Korea is one of the world's hottest offshore wind markets – not only on account of the standard array of big project developers, but now also with the avant-garde of production. Last month, General Electric Renewable Energy signed a Memorandum of Understanding on manufacturing, with Vestas now following suit.
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