SEOUL, Dec. 10 (Yonhap) -- South Korea aims to sharply expand its offshore wind power capacity by over 10 times to 4 gigawatts (GW) by 2030 while lowering generation costs to expand the use of ...

HALIFAX — A French firm and its partner in South Korea are eyeing plans to develop wind projects off Nova Scotia's coast.

Nakwol Offshore Wind in Yeonggwang, South Jeolla Province, began power production two years after being selected in the fixed-price contract competitive bidding in December 2023. It is 21 months since ...

We recently compiled a list of 10 Cheap Utility Stocks to Buy According to Hedge Funds. Korea Electric Power Corporation stands ninth on our list and has developed the world’s first superconducting ...

Kongsberg Maritime has signed a contract to deliver a comprehensive deck machinery package for a new-generation 127-metre ...

Singaporean shipbuilder Strategic Marine has delivered next-generation Crew Transfer Vessel (CTV) to new client Yeosu Ocean for offshore wind farm operations in South Korea. The 27-meter-long CTV is ...

Global offshore wind targets are still strong enough to triple global capacity by 2030, despite the US’s offshore wind stagnation under Trump. A new analysis from energy think tank Ember and the ...