Ørsted signs MoU on offshore wind, green hydrogen in South Korea

South Korea's largest steelmaker signs an MoU with the Danish power company concerning development of 1.6 GW in offshore wind, and the pair will also explore opportunities for collaborating on green hydrogen.
Photo: Ørsted
Photo: Ørsted

Offshore wind, naturally, counts as renewable energy. However, the power source can hardly be said to fit well into one of hottest buzzwords of recent years; circular economy.

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