Global offshore wind leader Orsted has teamed up with local utilities Korea Southern Power (KOSPO) and Korea Midland Power (KOMIPO) to jointly develop 1.6GW in offshore wind capacity off the coast of Incheon, South Korea.

The companies signed memoranda of understanding (MoUs) over the plan to build the capacity in the sea off South Korea’s third-largest city, which are slated to provide clean energy to 1.3 million South Korean households. Orsted in late 2020 had first announced its ambition for the massive