Today, five floating offshore wind developers including Korea Floating Wind and Ulsan Chamber of Commerce and Industry (UCCI) organized the Ulsan Floating Marine Wind Power Committee and signed a memorandum of understanding (MOU).

The purpose of the committee is to support and promote mutual cooperation and growth with developers participating in a floating offshore wind farm in Ulsan.

Ulsan Mayor Song Chul-ho, Ulsan Chamber of Commerce and Industry Chairman Lee Yoon-chul, offshore wind developer KF Wind, East Blue Power, Haeuri Marine Wind Power Co., Ltd., Greywhale Marine Wind Power Co., Ltd. and Firefly Floating Offshore Wind and Munmubaram participated in the signing ceremony.

Through this agreement, UCCI and five developers will seek various ways to develop and cooperate with Ulsan’s vocational training and floating offshore wind supply chain, which have a common goal. In addition, the committee said they will continue to have discussions with stakeholders in Ulsan on the impacts and public-private partnerships regarding a floating offshore wind farm.