GS Entec, a subsidiary of GS Global, will supply 37 monopiles for the 504MW Taean Offshore Wind Farm being developed off the coast of Chungnam.
On September 30, GS Entec announced that it signed a contract to supply the monopiles for the Taean offshore wind project at the headquarters of Taean Wind Power Co. in Seoul. Under the agreement, GS Entec will begin production in July 2027 and complete deliveries by the end of August 2028.
Monopiles are key substructures for offshore wind turbines, made by welding large steel plates into cylindrical shapes to support the wind turbines and towers. They are typically applicable in water depths of around 50 meters and are favored over jacket foundations due to lower production costs and shorter construction times, with over 70% of global projects opting for monopile technology. The Taean offshore area is noted for its favorable ground conditions, with thick sediment layers and shallow depths that are advantageous for monopile installation.
The Taean Wind Power project is a collaborative effort among Singapore's Vena Energy, Denmark's Copenhagen Infrastructure Partners (CIP), and Korea Western Power.
Construction is set to begin in 2028, with completion targeted for 2030. Once operational, the wind farm is expected to generate enough electricity to power approximately 300,000 households for a year, contributing to South Korea's energy transition and carbon neutrality goals.
GS Entec entered the monopile business in earnest in 2022 through a strategic technology partnership with the global leader, Sif from the Netherlands. Following the successful supply of all 64 monopiles for the Yeonggwang Nakwol offshore wind project in 2023, the company has continued to achieve significant milestones in large-scale monopile projects.
Additionally, GS Entec recently completed a factory expansion with an investment of approximately 300 billion won, tripling its annual production capacity from 40,000 tons to 150,000 tons. The Taean offshore wind project represents a significant volume that will utilize this expanded production capacity.
A GS Entec official stated, "Following the successful execution of the Yeonggwang Nakwol project, securing the Taean offshore wind project demonstrates our large-scale monopile manufacturing and supply capabilities in the market once again. We will leverage our accumulated technology and expanded production capacity to secure additional contracts in the domestic and international offshore wind substructure market."
* This article has been translated by AI.
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