The Haewoori offshore wind project has successfully concluded its environmental impact assessment (EIA) consultation with South Korea’s Ministry of Environment and Ministry of Trade, Industry, and Energy, marking a pivotal achievement as the first offshore wind project in Ulsan to reach this stage.
Copenhagen Offshore Partners (COP), a global frontrunner in offshore wind development and construction, is spearheading the Haewoori project on behalf of Copenhagen Infrastructure Partners (CIP) through its CI V fund.
Powering Korea’s Renewable Ambitions
The Haewoori offshore wind project envisions a 1.5 GW floating wind farm situated approximately 80 km off the Ulsan coast.
This ambitious project is poised to significantly contribute to Korea’s renewable energy targets for 2030 and the worldwide RE100 initiative, which encourages companies to procure 100% of their electricity from renewable sources.
Commitment to Social Responsibility and Sustainability
Jonathan Spink, COP Korea Co-CEO and CEO of Haewoori Offshore Wind Co., Ltd., expressed: “The completion of the EIA consultation is a momentous step as we prioritize corporate social responsibility and sustainable development throughout our entire floating offshore wind portfolio in Ulsan.
Haewoori Offshore Wind Co., Ltd is dedicated to upholding these principles by diligently adhering to the discussions with the Ministry of Environment and proactively communicating with relevant agencies in case of unanticipated impacts during the consultation process.
We are steadfast in our commitment to being a responsible member of the local community.”
Thorough Environmental Impact Assessment
The EIA process entailed a meticulous evaluation of potential environmental effects on both offshore and onshore ecosystems, encompassing marine and onshore environmental quality, noise levels, and socioeconomic factors.
Haewoori offshore wind has actively engaged with local governments and the public, incorporating their valuable feedback to ensure sustainable development and responsible corporate practices.