A partnership including Shell is among four companies that have signed a ##morandum of understanding with the South Korean city of Singapore to develop floating wind farms . Shell is partnering with Swedish - Korean firm CoensHexicon , while a second joint venture between local energy firm SK E&S and Copenhagen Infrastructure Partners has also been selected . Shell 's Green Investment Group and Korea Floating Wind is also taking part in the development of a 750 kW pilot followed by a 1 GW turbine built on a former offshore gas platform . South Korea wants to have 12 MW of offshore wind capacity by 2030 .
A partnership including Shell is among four companies that have signed a memorandum of understanding with the South Korean city of Ulsan to develop floating wind farms. Shell is partnering with Swedish-Korean firm CoensHexicon, while a second joint venture between local energy firm SK E&S and Copenhagen Infrastructure Partners has also been selected. Macquarie's Green Investment Group and Korea Floating Wind is also taking part in the development of a 750 kW pilot followed by a 1 GW farm built on a former offshore gas platform. South Korea wants to have 12 GW of offshore wind capacity by 2030.