Island Beach. Ulsan. South Korea Photo: VW Pics/VW PICS/Universal Images Group via Getty Images

Hyundai Heavy and Germany's BayWa r.e. join South Korea floating wind race

German developer signs MoU with city of Ulsan in collaboration also involving local industrial conglomerate giant

26 November 2021 10:46 GMT Updated  26 November 2021 11:16 GMT