Breaking News


SK Engineering to Build Biggest Offshore Wind Farm in S. Korea

SK Engineering & Construction Co. plans to build South Korea’s biggest offshore wind farm at a cost of as much as 800 billion won ($726 million). The facility will begin commercial operations in 2017.

The unit of South Korea’s third-biggest industrial group plans to install 28 seven-megawatt wind generators 2.5 kilometers (1.55 miles) off the coast of Ulsan, 280 kilometers east of Seoul, the company said in an e-mailed statement today.

SK has teamed up with Kepco Engineering & Construction Co. (052690), a unit of the nation’s only electricity distributor, to submit a construction proposal to the Ulsan Metropolitan City this month, the Seoul-based company said.

If approved, construction would start in 2015. The 196- megawatt wind farm will be capable of generating electricity equivalent to a year’s consumption by 100,000 households, according to the statement.

To contact the reporter on this story: Sangim Han in Seoul at

To contact the editor responsible for this story: Jason Rogers at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.