Deep Wind, Orsted-PGE, and Formosa 4 Advance Offshore Projects

Deep Wind, Orsted-PGE, and Formosa 4 Advance Offshore Projects

Deep Wind Offshore has received an Electricity Business License (EBL) from South Korea’s Ministry of Trade, Industry and Energy for its 1.5 GW Admiral Lee offshore wind project. This project aims to establish a robust offshore wind presence in the Asia-Pacific region, focusing on early permitting milestones. The EBL grants Deep Wind the rights to develop and operate the wind farm off the coast of Ulsan. While investment details remain undisclosed, financing is expected to follow subsequent project approvals. The project will utilize fixed-bottom offshore wind turbines and grid integration systems, targeting South Korean utilities and corporate off-takers for energy sales. Contracts will be awarded for environmental surveys, turbine supply, engineering, procurement, and construction (EPC), as well as operations and maintenance (O&M). By engaging local supply chains and stakeholders early in the process, the project aims to boost national renewable capacity, support South Korea’s 2030 emissions reduction targets, and enhance the regional offshore wind infrastructure.

In Poland, Spanish engineering firm Ayesa has been appointed to oversee the construction of the 1.5 GW Baltica 2 offshore wind farm, a joint venture between Orsted and PGE in the Polish Baltic Sea. Ayesa will manage technical oversight, quality control, safety supervision, and environmental compliance throughout the construction phase. This project is among the largest planned offshore wind farms in Poland, aligning with both EU offshore energy goals and Poland’s renewable energy targets for 2030. Ayesa’s involvement includes multi-year construction management services, focusing on offshore foundations, substations, and grid connection infrastructure. The project aims to enhance local energy security and expand offshore capacity while leveraging Ayesa’s expertise in project execution.

In Taiwan, Synera Renewable Energy contracted Century Wind Power to manufacture jacket foundations for the Formosa 4 offshore wind project, which is set to have a total capacity of up to 495 MW. Century Wind Power will fabricate jacket-type foundations, with delivery scheduled to meet project timelines. This contract emphasizes local supply chain engagement and domestic manufacturing, supporting Taiwan’s offshore wind development goals. The agreement covers design finalization, fabrication, and logistics coordination, focusing on corrosion-resistant, load-optimized steel structures. The project aims to bolster job creation in the region, reduce construction risks through local sourcing, and contribute to Taiwan’s energy diversification objectives.

These developments reflect a growing commitment to offshore wind energy across Asia and Europe, highlighting the region’s investments in renewable energy infrastructure.