Kolon Global announced on Dec. 13 that it signed a business agreement with Enercon, a leading German manufacturer of direct-drive wind turbines without gears, at Kolon Tower in Gwacheon, Gyeonggi Province, on Dec. 12. Enercon is recognized as one of the top three global wind power companies.
Through the business agreement, both companies plan to maximize synergy by sharing domestic onshore and offshore wind power project development information, technical capabilities, and development experience. The aim is to establish continuous collaboration for mutual benefit.
Previously, Kolon Global signed supply contracts with Vestas American Wind Technology in 2018, Enercon in 2022, and Siemens Gamesa in 2023, maintaining partnerships with the three major players in the global wind power industry.
Kolon Global is currently developing a total of nine onshore wind power projects, including repowering, in Yangsan. It plans to add six more projects next year, anticipating stable engineering, procurement, and construction (EPC) revenues and dividend profits annually.
In addition, Kolon Global is accelerating its entry into offshore wind power projects, leveraging its accumulated development capabilities from onshore wind projects and construction experience in offshore bridges. In August 2022, it obtained permission for a 400 MW Jangbogo offshore wind power generation project in Wando, initiating the official permitting and design process. The environmental impact assessment is currently underway with the goal of groundbreaking in 2027.
A representative from Kolon Global stated, “Leveraging Kolon Global’s distinctive onshore wind power development expertise, we aim to expand our portfolio through repowering and renewal projects. Simultaneously, our goal is to secure 1 GW of wind power assets and achieve a dividend income of 150 billion won by 2034 by entering into offshore wind power projects.”