Seoul excludes foreign turbines in 689 MW offshore wind auction

South Korea has rejected all projects using foreign turbines in its 2025 offshore wind auction, marking a strategic shift in favour of local industry and energy security.

Share:

Gain full professional access to energynews.pro from 4.90€/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90€/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 €/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99€/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 €/year from the second year.

The South Korean government has confirmed the allocation of 689 megawatts (MW) of capacity under the 2025 public offshore wind auction, while rejecting all projects that planned to use foreign turbines. This decision, announced by the Ministry of Trade, Industry and Energy, reflects a clear intent to support the national supply chain in a sector valued at several hundred trillion won by 2030.

Technology choices oriented towards domestic industry

The four projects selected in the public segment all proposed, with the exception of one pilot site, the integration of South Korean turbines supplied by Doosan Enerbility. These 10 MW models, recently developed, are now entering the commercial market. In contrast, the two projects submitted under the general category, which aimed to secure around 750 MW of capacity, were rejected, mainly due to their reliance on foreign-made or foreign-technology turbines.

The selected developers will benefit from a fixed purchase tariff for electricity over twenty years, securing their long-term profitability and encouraging investment. This measure is part of an industrial policy strategy designed to align the country’s energy objectives with its manufacturing capacities.

Towards greater technological sovereignty in offshore wind

South Korea aims to deploy 14 gigawatts (GW) of offshore wind capacity by 2030. To achieve this, the government estimates investment requirements at about KRW100tn ($73.12bn). Within this framework, reducing dependence on foreign components has become a strategic priority. The ministry indicated that future auctions will include stricter criteria related to technological security and local participation in the value chain.

Doosan Enerbility thus appears as a direct beneficiary of this policy, now positioned as a key player in South Korea’s industrial energy transition. The development of critical components domestically is seen as a lever to strengthen the nation’s energy autonomy while supporting local employment.

A message to investors and foreign equipment suppliers

This regulatory orientation sends a clear signal to international developers: participation in South Korea’s offshore wind market will require deeper integration into the local industrial network. Several European groups, historically active in the region, may face restricted access unless they adapt to these localisation requirements.

The strengthening of non-price criteria in the allocation procedures is expected to reshape the competitive structure of upcoming tenders. By prioritising domestic production, the government seeks to safeguard its strategic interests in a sector considered critical for energy security and technological independence.

Japan is pursuing its ambitions in floating offshore wind, despite the withdrawal of several domestic industrial players and challenges linked to costs, infrastructure and relations with the fishing sector.
ENERCON has signed a contract with Alterric to supply 13 E-175 EP5 E2 turbines, to be installed at the Kutenholz wind farm from spring 2026 as part of a repowering project.
Eurowind Energy is currently constructing nine projects in Germany, combining wind and solar, for a total capacity of 242 MW, thus strengthening its strategic investments in a key market.
Infinity Power will build a new onshore wind farm in Egypt with financing led by the EBRD and backed by several international partners.
Capstone Infrastructure has completed commissioning of the 192 MW Wild Rose 2 wind farm in Alberta, supported by long-term offtake agreements with Pembina Pipeline and the City of Edmonton.
German group Nordex has signed its first order in Ecuador to supply 19 turbines for a 112 MW wind farm, marking its entry into a little-developed Andean market.
Acciona Energía has sold its 65% stake in the Chiripa wind farm to Ecoenergía for an enterprise value of $80mn, as part of its international asset rotation strategy.
The global offshore wind market could more than double by 2030, driven by technological innovation, evolving marine substructures, and integration into high-voltage power grids.
Hive Hydrogen has received environmental authorisation for the Carissa Wind Energy Facility, now the largest permitted wind farm in South Africa with a planned capacity of 1,000 MW.
The financing supported by the European Investment Bank will enable GreenIT to develop its portfolio of onshore wind projects in Italy by 2028.
Indian wind turbine manufacturer Suzlon has secured an 838 MW contract from Tata Power Renewable Energy for a wind project spanning three states, marking its largest order of the 2025–2026 fiscal year.
With 816 MW of capacity and 140 turbines, Colbún’s Horizonte wind farm launched its commercial phase in early September after a gradual deployment over several months.
VSB Germany is developing over 800 megawatts of wind, solar, and storage projects, with 20% originating from repowering, confirming an investment strategy focused on optimising existing assets.
Danish group Ørsted will raise new funds through a rights issue to strengthen its financial structure and cover needs linked to the full ownership of the Sunrise Wind project.
Norway has received two bids for offshore sites in the Utsira Nord zone, marking a key step in the country’s floating wind development.
EDP Renováveis has completed the sale of twelve operational wind farms in France and Belgium to Amundi Transition Energétique for an enterprise value of €200mn ($215mn).
Octopus Energy has signed a strategic agreement with Ming Yang Smart Energy to deploy up to 6 GW of wind projects in the UK, combining software technology and turbines to boost local capacity.
The US government has requested the judicial cancellation of the federal permit granted in 2024 for an offshore wind project, citing impacts on commercial fishing and maritime rescue operations.
Vattenfall commits new investment to the Clashindarroch II onshore wind project, a 63MW site in Scotland set to begin construction in 2026 and deliver first power in 2027.
Alerion Clean Power enters the Irish market through the acquisition of an onshore wind farm in County Tipperary, as part of its 2025–2028 industrial plan.

Log in to read this article

You'll also have access to a selection of our best content.