Maenggoldo and Geomundo Offshore Wind Projects Participate in MoU to Advance Offshore Wind Industry and Boost Local Economy in Jeollanam-do   •         Participated in the “Jeollanam-do Offshore Wind Industry Expo” held at the Yeosu Expo Convention Center on June 18–19•         Signed a Memorandum of Understanding (MoU) with Jeollanam-do, three local municipalities, power generation companies, and equipment suppliers to foster the offshore wind ecosystem•         Maenggoldo and Geomundo Offshore Wind Projects to continue efforts in establishing a foundation for Jeollanam-do's offshore wind industry   Seoul, June 20 – Maenggoldo and Geomundo Offshore Wind Projects announced their participation in the “Jeollanam-do Offshore Wind Industry Expo,” held at the Yeosu Expo Convention Center on June 18–19, where they joined the signing of a memorandum of understanding (MoU) together with the provincial government, local municipalities, power generation companies, and equipment manufacturers to promote the development of the offshore wind industry and revitalize the local economy.   In addition to the Maenggoldo and Geomundo Offshore Wind Projects, the MoU was signed by Jeollanam-do, three local governments of Yeosu City, Yeonggwang County, and Sinan County, as well as private sector participants such as Myungwoon Industrial Development, UTOP Construction, K-Wind Power, Donga Engineering, and MSL Technology Co., Ltd. Together, the parties pledged to pursue strategic and sustained collaboration to establish a robust offshore wind industry ecosystem in Jeollanam-do.   Under the agreement, Jeollanam-do Province and the participating municipalities will support the creation of a favorable business environment through licensing and permitting assistance, infrastructure development, community engagement, collaboration with educational institutions, and institutional support. Power generation companies will be responsible for the development, operation, and technical support of offshore wind farms, as well as overall project management. Equipment suppliers will contribute through engineering services, permitting support, design, manufacturing, delivery, and maintenance of key components. In particular, as project developers, the Maenggoldo and Geomundo Offshore Wind Projects will play a central role in establishing a localized supply chain for core components such as turbines, substructures and blades, securing port facilities and installation vessels, and building O&M (Operations and Maintenance) centers. These efforts aim to build an integrated offshore wind industry cluster with globally competitive capabilities.   During the conference, Maenggoldo and Geomundo Offshore Wind Projects delivered a presentation on the current status of the offshore wind projects and strategies for supply chain development. The projects also operated an on-site booth, where they introduced the initiatives and held partnership meetings with attendees, drawing significant interest from industry stakeholders.   A spokesperson from Maenggoldo and Geomundo Offshore Wind Projects stated:“We are pleased to participate in this MoU aimed at advancing the offshore wind industry and revitalizing the local economy in Jeollanam-do. We will continue our efforts to ensure that the Maenggoldo and Geomundo Offshore Wind Projects serve as a foundation for the region’s offshore wind industry ecosystem.”   Maenggoldo and Geomundo Offshore Wind Projects are part of BadaEnergy, an offshore wind power portfolio jointly developed by Corio Generation— a global offshore wind development specialist, TotalEnergies—a global multi-energy Company, and SK ecoplant—an environmental and energy solutions provider. Maenggoldo Offshore Wind Project, located near Maenggoldo in Jindo County, Jeollanam-do, received an EBL for 600MW fixed-bottom offshore wind power in 2023 and is accelerating the permitting process with the commencement of its environmental impact assessment in late 2024. Meanwhile, Geomundo Offshore Wind Project is under development in a marine area approximately 10 kilometers west of Geomundo in the South Sea, with a planned capacity of around 500MW. The project obtained its power generation license in June 2022.  On June 18, the Maenggoldo and Geomundo Offshore Wind Projects participated in the ‘Jeollanam-do Offshore Wind Industry Expo’ held at the Yeosu Expo Convention Center, where they joined the signing of a memorandum of understanding (MoU) with the provincial government, local municipalities, power generation companies, and equipment manufacturers to promote the offshore wind industry and revitalize the local economy. On June 18, Jeon Jin-Hyung, Project Lead of Maenggoldo and Geomundo Offshore Wind Projects, participated in the ‘Jeollanam-do Offshore Wind Industry Expo’ held at the Yeosu Expo Convention Center, and gave a presentation on BadaEnergy during the conference session ‘Offshore Wind Project Status and Supply Chain Participation.’ 

 Gray Whale Offshore Wind Power Donates KRW 10 Million to Support Ulju Wildfire Recovery   •         Donation delivered at Ulju County Office to aid recovery and relieve local residents on Apr 28 •         Continued commitment to community support initiatives in Ulsan   Seoul, April 29 — The Gray Whale Offshore Wind Power project has donated KRW 10 million to aid wildfire recovery efforts in Ulju County, Ulsan. The donation comes in response to the large-scale wildfire that broke out on March 22 in Onyang-eup, Ulju County, damaging 931 hectares of forest – the most extensive wildfire-related forest loss in Ulsan’s history.   The donation was formally presented during a ceremony held at the Ulju County Office on April 28. The event was attended by Ulju County Mayor Lee Soon-geol and Yang Gwon-yeol, Gray Whale Ulsan Office Lead, along with other key community leaders. The fund, delivered through the Korean Red Cross Ulsan Branch, will support recovery operations and help displaced residents rebuild their lives.   A spokesperson for the Gray Whale Offshore Wind Power project said, “We extend our heartfelt condolences to the residents of Ulju County affected by the wildfire. It is our sincere hope that this small gesture of solidarity can contribute to a swift and stable recovery for the affected community.”   Mayor Lee Soon-geol expressed his gratitude, saying, “We deeply appreciate this generous support for our residents who are suffering from the wildfire. The donation will be put to meaningful use in helping restore the daily lives of those affected.”   Gray Whale Offshore Wind Power project 1, 2, and 3 are part of BadaEnergy, an offshore wind power portfolio jointly developed by Corio Generation—a global green energy development and investment company,  TotalEnergies—a global multi-energy company, and SK ecoplant—an environmental and energy solutions provider. In addition to advancing offshore wind power development in Korea, the Gray Whale Offshore Wind Power project remains committed to the Ulsan community through initiatives such as improving educational environments and organizing eco-friendly campaigns.   The Gray Whale Offshore Wind Power presented a donation for wildfire recovery at Ulju County Office on April 28. 

 “Co-prosperity with residents should be the top priority  in development of offshore wind farms” Maenggoldo Offshore Wind Power Co., Ltd., holds a workshop with residents of Maenggoldo and East- and West-Geocha Islands   •        Maenggoldo Offshore Wind Power Co., Ltd. hosted the ‘2024 Maenggoldo Offshore Wind Workshop’ for residents of Maenggoldo and East- and West-Geocha Islands in South Jeolla Province for two days. •        The workshop is designed to enhance residents’ understanding of offshore wind by sharing the progress and plans of the Maenggoldo offshore wind project, as well as offering expert presentations on permitting procedures, profit-sharing programs, and damage compensation methodologies for the fishermen affected by offshore wind development. •        The Q&A session was held, taking questions from residents about the project … “By listening to residents’ opinions, we will pursue a way to ensure co-prosperity with the local community.”   [December 4, 2024] Maenggoldo Offshore Wind Power Co., Ltd., which is promoting an offshore wind project in Maenggoldo, Jindo County, South Jeolla Province, provided a venue for communicating with residents.   Maenggoldo Offshore Wind Power Co., Ltd. announced on the 4th that it hosted the ‘2024 Maenggoldo Offshore Wind Workshop’ for residents of Maenggoldo Island and East- and West-Geocha Islands at Hotel Hyundai by Lahan Mokpo for two days from December 2 to 3.   Maenggoldo Offshore Wind Power Co., Ltd. is one of the offshore wind projects in South Jeolla Province promoted by BadaEnergy, a portfolio of offshore wind projects in South Korea jointly developed by Corio Generation, TotalEnergies and SK ecoplant. It is developing a 600MW offshore wind project in waters southwest of Maenggol Island in Jindo County, South Jeolla Province, and has embarked on full-scale project development procedures, including securing the Electricity Business License (EBL) in late November 2023 and the submission of an evaluation preparation for the Environmental Impact Assessment (EIA).   The workshop was organized to inform the villagers about the progress and plans of the Maenggoldo offshore wind project in the region, and to help the residents gain a clearer understanding of the offshore wind business. The event was attended by more than 120 villagers of Maenggoldo, East- and West-Geocha Islands, as well as key stakeholders of the project including Jindo County Council Chairman Park Geum-rye and Rep. Ju Man-jong of Jindo County Council as guests from the local governments.   Chairman Park Geum-rye also gave a congratulatory speech in which she said, “Climate change is already under way, and it is an unavoidable matter for Jindo County, so now the county residents also need to learn about wind power. Offshore wind power development is helpful in responding to the climate crisis, but it also has a direct impact on the livelihoods of residents. Since the developer and the three villagers’ committees have worked hard to prepare this workshop, I hope that the county residents will have time to sufficiently resolve their questions about offshore wind so that they can judge what would benefit us or harm us.”   The first day of the workshop, which began with an opening speech by Choi Woo-jin, Representative Director of Maenggoldo Offshore Wind Power Co., Ltd., and congratulatory messages from the guests included expert presentations on topics ranging from overall permitting procedures to profit-sharing programs and damage compensation methodologies for the fishermen affected by offshore wind development. This was followed by a Q&A session with residents and a traditional folk performance.   In his opening remarks, Choi Woo-jin, Representative Director of Maenggoldo Offshore Wind Power Co., Ltd. said: “What matters in an offshore wind project is co-prosperity with key stakeholders closely related to it, such as residents and fishermen, since it is a long-term project that lasts more than 30 years in a single region. Through this workshop, we aim to listen to residents’ opinions, have conversations, and once again, help them understand our Maenggoldo offshore wind project. We also hope this will be a valuable time to seek ways to cooperate, building trust with the local community and fostering co-prosperity with the residents.”   The first session consisted of presentations given by experts in the offshore wind sector, including Maenggoldo Offshore Wind Power Co., Ltd. As the first speaker, Park Sung-wook, Director at Energy Department 1 of DOHWA Engineering, explained legal procedures, regulatory requirements, and preparation process for each stage of offshore wind development, under the theme of ‘Understanding Offshore Wind Business and Permitting Procedures.’ Following this, Chun Jin-hyung, Development Director of Maenggoldo Offshore Wind Power Co., Ltd., provided a detailed overview on the ‘Current Status and Plans of Maenggoldo Offshore Wind Project’ to enhance understanding of the project. Lee Byung-hoon, PM of Business Team at RootEnergy, shared positive impacts of community participation programs in Korea and introduced a model for co-prosperity between offshore wind and the local community through his presentation titled ‘Offshore Wind Acceptance and Profit-Sharing Programs.’ Also, presentations on ‘Offshore Wind Compensation Cases for Fisheries and the Operation of Exemplary Consultative Body’ by Kim Myeong-il, a member of the Yeonggwang Offshore Wind Fisheries Compensation Committee, and ‘Offshore Wind Compensation Procedures for Fisheries’ by Kim Ki-dae, CEO of Daehwa Appraisal Co., Ltd., were delivered to discuss ways for achieving co-existence and constant communication between offshore wind farms and the fishing industry.   At the Q&A session held after the presentations, residents had the opportunity to address their questions about the Maenggoldo offshore wind project on the spot while the project developer listened to their opinions and emphasized once again that co-prosperity with the local community should be the top priority in the project.   Afterwards, the residents enjoyed a performance of Jindo drum dance presented by Kang Eun-yeong, a master of Jindo Intangible Cultural Heritage. The event ended successfully the following day with a closing ceremony.   The host of the workshop, Maenggoldo Offshore Wind Power Co., Ltd., said: “We appreciate the residents who showed great attention in our project and participated in this workshop. It was a very meaningful time to reflect on the importance of communication in the process of sharing opinions and finding ways to improve. We will work to ensure that the Maenggoldo offshore wind project harmonizes and co-prospers with residents by incorporating the conversations and opinions shared during the workshop.”    Photo 1) Maenggoldo Offshore Wind Power Co., Ltd. hosted the ‘2024 Maenggoldo Offshore Wind Workshop’ for residents of Maenggoldo and East- and West-Geocha Islands at Hotel Hyundai by Lahan Mokpo for two days from December 2 to 3. (From left, Han Hyun-jae, chair of the West-Geochado Offshore Wind Promotion Committee, Choi Woo-jin, Representative Director of Maenggoldo Offshore Wind Power Co., Ltd., Jindo County Council Chairman Park Geum-rye, Lim Cheon-dong, the chair of the Maenggoldo Villagers Committee, Rep. Ju Man-jong of Jindo County Council, Jo Kwang-won, the chairpersons of East Geochado Villagers Committee, Chun Jin-hyung, Development Director of Maenggoldo Offshore Wind Power Co., Ltd.)  Photo 2) Maenggoldo Offshore Wind Power Co., Ltd. hosted the ‘2024 Maenggoldo Offshore Wind Workshop’ for residents of Maenggoldo and East- and West-Geocha Islands at Hotel Hyundai by Lahan Mokpo for two days from December 2 to 3.  Photo 3) Maenggoldo Offshore Wind Power Co., Ltd. hosted the ‘2024 Maenggoldo Offshore Wind Workshop’ for residents of Maenggoldo and East- and West-Geocha Islands at Hotel Hyundai by Lahan Mokpo for two days from December 2 to 3. 

 ‘Sharing warmth through communication with residents’ Geomundo Offshore Wind Power Co., Ltd. donates rice and books to the Geomundo community in South Jeolla Province   •        Geomundo Offshore Wind Power Co., Ltd., in collaboration with Geomundo Villagers Committee, donated 105 bags of rice to residents of Geomundo in Yeosu, South Jeolla Province. •        donated 230 culture books to Geomun Middle School and Geomun Library for youths in the region. •        Geomundo Offshore Wind Power Co., Ltd.: “We will engage in sharing through communication with the local community and continue various efforts for co-prosperity with the region.”   [November 18, 2024] Geomundo Offshore Wind Power Co., Ltd., which is promoting an offshore wind project in Geomundo, Yeosu, South Jeolla Province, conducted co-prosperity activities through communicating and sharing warmth with local villagers.   Geomundo Offshore Wind Power Co., Ltd. announced on November 18 that it held the ‘Geomundo Warmth-Sharing Event’ on November 15, delivering 105 bags of rice (10 kilograms/bag) to residents in collaboration with the Geomundo Villagers Committee and donating 230 culture books for youths to Geomun Middle School and Geomun Library.   Geomundo Offshore Wind Power Co., Ltd. is a whole owned subsidiary of BadaEnergy, a portfolio of offshore wind projects in South Korea jointly developed by Corio Generation, TotalEnergies, and SK ecoplant, to develop a 500MW offshore wind farm off the west coast of Geomundo in South Jeolla Province.   On this day, executives and employees of Geomundo Offshore Wind Power Co., Ltd., visited Geomundo Island to hold a delivery ceremony and handed over 105 bags of rice to the Samsan-myeon Office for the island’s second-lowest income residents. They also donated a total of 230 culture books—150 books to Geomun Middle School and 80 books to Geomun Library—to improve the reading environment of local youth and contribute to their knowledge cultivation.   Geomundo Offshore Wind Power Co., Ltd. has strived to provide support by sharing for local villagers and improve the welfare and environment of the local community, such as donating 11 units of drones, an inflatable swimming pool, and children's books to Yeosu Geomun Elementary School in 2021.   “It was meaningful for us to reach out to residents and share warmth with them through donations ahead of the end of the year. We hope that donated books will enrich the minds and souls of the island’s youth, providing wisdom and useful knowledge for life. We will continue to communicate and share warmth with residents, while consistently seeking diverse ways to co-prosper with the local community,” said Geomundo Offshore Wind Power Co., Ltd.   Meanwhile, Geomundo Offshore Wind Power Co., Ltd. is making various efforts to improve energy efficiency and promote energy welfare for local villagers, including the recent completion of the Energy Service Company (ESCO) project to support high-efficiency energy solutions for Geomundo residents, as well as donation activities to contribute to the local community of the island.     Photo 1) Geomundo Offshore Wind Power Co., Ltd., in collaboration with Geomundo Villagers Committee, delivered 105 bags of rice and donated 230 books to Geomun Middle School and Geomun Library, at the ‘Geomundo Warmth-Sharing Event’ on November 15.   Photo 2) Geomundo Offshore Wind Power Co., Ltd., in collaboration with Geomundo Villagers Committee, delivered 105 bags of rice and donated 230 books to Geomun Middle School and Geomun Library, at the ‘Geomundo Warmth-Sharing Event’ on November 15. 

 ‘BadaEnergy and UNIST hold a scholarship award ceremony’ BadaEnergy grants scholarships and runs practical programs to nurture local talent in offshore wind   •        BadaEnergy awarded scholarships to five students at UNIST Graduate School of Technology and Innovation Management for the fall 2024 semester. •        Besides scholarships, BadaEnergy runs an ‘Offshore Wind Power Technologies and Management’ course to help students build practical expertise by inviting field experts from domestic and international companies as guest lecturers to provide authentic knowledge and practical experiences. •        BadaEnergy has contributed to discovering and fostering local talent in the offshore wind field for four years, since the signing of an MOU for industry-academia cooperation with UNIST in 2021.   [2024. 11. 04] BadaEnergy, a portfolio of offshore wind projects in South Korea jointly developed by Corio Generation, TotalEnergies and SK ecoplant, announced on November 4 that it has awarded scholarships for the fall semester of 2024 to five students at the Ulsan National Institute of Science and Technology (UNIST) Graduate School of Technology and Innovation Management with an aim to discover and foster local talent in the offshore wind field.   BadaEnergy began awarding scholarships to selected students as part of the memorandum of understanding (MOU) for industry-academic cooperation, signed with Ulsan Metropolitan City and UNIST in January 2021. Since then, BadaEnergy has continued its efforts to nurture local talent in offshore wind by operating internship programs and practice-oriented courses in addition to awarding scholarships.   The awarded students will have networking opportunities in related fields through participating in BadaEnergy’s various environmental, social, and governance (ESG) and corporate social responsibility (CSR) activities. They will also receive preferential treatment for internships and employment at BadaEnergy.   This fall semester, BadaEnergy has been running the ‘Offshore Wind Power Technologies and Management’ course, focusing on nurturing talent equipped with both expertise and practical experience. Through this lecture, BadaEnergy employees are delivering practical experience and know-how in all stages of offshore wind development, which includes various topics related to domestic and international offshore wind project development, construction, technologies, market practice and project management methods.   In addition, BadaEnergy is offering a practical lecture on offshore wind by inviting guest lecturers who are field experts from domestic and international companies, such as HD Hyundai Heavy Industries, Korean Register (KR), and TotalEnergies Professeurs Associés, on the themes of ▲Core technology for floating offshore wind foundation model, ▲Certification of wind turbine and wind farm, and ▲Offshore Wind Project management.   “We hope that the seeds planted through the industry-academic cooperation between UNIST and BadaEnergy will yield fruitful results, cultivating excellent local talents to lead the offshore wind industry that promotes industrial and economic growth in the region,” said BadaEnergy Gray Whale Project Ulsan Office Lead Yang Gwon-yeol.   Choi Young-rok, Dean of UNIST Graduate School of Technology and Innovation Management, said: “It is encouraging that the industry-academic cooperation program, which has continued for four years, is developed and becoming more active every year. We deeply appreciate BadaEnergy for providing students with not only scholarships but also quality and practical lecture on offshore wind that is practically beneficial and will actively support students to help them gain broader insights and capabilities in offshore wind.”   Meanwhile, BadaEnergy is currently developing floating offshore wind projects with a total capacity of 1.5GW (project name: Gray Whale 1,2,3) off Ulsan coast and is consistently carrying out ESG activities, including carbon neutrality education campaign ‘Together with Ocean’ for elementary school students, as well as the industry-academic cooperation program with UNIST, to nurture future local talent in Ulsan.     Photo 1) BadaEnergy, on November 1, awarded scholarships to five students majoring in new and renewable energy technology and innovation management at the UNIST Graduate School of Technology and Innovation Management, with Dean of UNIST Graduate School Choi Young-rok (second from left) and BadaEnergy Gray Whale Project Ulsan Office Lead Yang Gwon-yeol (third from left) in attendance.   Photo 2) BadaEnergy, on November 1, awarded scholarships to five students majoring in new and renewable energy technology and innovation management at the UNIST Graduate School of Technology and Innovation Management.