President Moon Jae-In visited Ulsan on 8 May 2021, and said the government will provide full support in building the world's largest floating windfarms off the coast of Ulsan.

Korea Floating Wind signed MoU with the Korea Hydro and Nuclear Power in December 2020, to commit mutual cooperation on developing the floating offshore wind farm projects in Ulsan.

Spyridon Martinis Spettel, the CEO of Ocean Winds and Chairman of Korea Floating Wind, participated in the Floating Offshore Wind Forum hosted by Ulsan City in 2020 and emphasized the future opportuni

Korea Floating Wind together with the Ulsan city, wind power developers, local suppliers, and academic institutions signed MoU in June 2020, to commit mutual cooperation on floating offshore wind farm

Korea Floating Wind acquired 90% of EBP1 from Kumyang Electrical Co. on 28 May 2020.

Korea Floating Wind signed MoU with the fishermen in Ulsan to commit mutual cooperation on Korea Floating Wind’s three lidar installations.