A South Korean development racing to be one of the first giga-scale floating wind clusters built globally claimed a boost with the granting of a key government permit, in a tonic for its co-owners after ScotWind disappointment.

Korea Floating Wind, a joint venture between Ocean Winds and Aker Offshore Wind, said it received an Electric Business Licence (EBL) for 870MW of the capacity it is planning off the nation’s coasts.