South Korean shipyard set for offshore wind makeover

AI Summary

Four South Korean companies have agreed to convert part of the Gunsan shipyard into a manufacturing hub for offshore wind equipment. The planned facility is expected to produce large turbines, towers and offshore substations.

Four South Korean companies have signed an agreement to transform part of the Gunsan shipyard into an offshore wind manufacturing hub, with plans to produce large turbines, towers and offshore substations. HJ Heavy Industries, J-Ocean Heavy Industries, Myeongun Industrial Development and turbine manufacturer Unison signed a memorandum of understanding to develop the facility on South …