[Feature] BadaEnergy propels momentum for floating offshore wind projects in Ulsan   •     BadaEnergy partners with local companies to develop floating offshore wind using leading-edge engineering technology…To achieve sustainable future •     BadaEnergy aims to enhance global competitiveness based on best localization strategies at all stages of business •     Following Ulsan offshore wind project, BadaEnergy obtained EBLs for the Geomundo and Maenggoldo offshore wind project in South Jeolla Province…Gained momentum in business  Aerial view of the BadaEnergy offshore wind farm.   [Korea Land Daily | Jo Seong-gu] BadaEnergy is a joint venture developed by Corio Generation(‘Corio’), a global specialist offshore wind developer, TotalEnergies, a global multi-energy company, and leading South Korean company SK ecoplant as ‘one team’ for offshore wind businesses in Korea.   BadaEnergy’s portfolio consists of floating and fixed-bottom offshore wind projects in Ulsan and South Jeolla Province (Geomundo and Maenggoldo) with a combined capacity of over 2GW.   If completed, BadaEnergy’s offshore wind farms are expected to reduce more than 4.3 million tons of carbon dioxide on an annual basis.   The Ulsan Gray Whale floating offshore wind project 1, 2 and 3, which were granted EBLs from the Electricity Regulatory Commission for the first time in Korea, aim to construct 1.5GW sized offshore wind farms in public waters off the coast of Ulsan.   Once all phases are completed, the wind farms are expected to be one of the world’s largest floating offshore wind farms that will supply clean energy to 1,820,000 households. That's enough to power every household in Ulsan and Busan.   Ulsan has world-class shipbuilding and heavy industries infrastructure, making it the city with the most suitable environment for floating offshore wind development.   Such an industrial environment is highly esteemed, as it is expected to play a leading role in all stages of the floating offshore wind development, as well as revitalize the stagnant local economy and contribute to job creation.   BadaEnergy worked hard establishing a collaboration system with the domestic supply chain.   For the first phase of the projects, Gray Whale Project 3 selected HHI partnering with Doris Engineering as Front-End Engineering Design (FEED) contractor to perform FEED services for floater, mooring and inter-array cables in August 2022, and selected HD Hyundai Heavy Industries as the preferred bidder for EPC (Engineering, Procurement, and Construction) in November 2023.   BadaEnergy, HHI, and Vestas are now collaborating in a task force with the aim to further optimize design and industrialization of the execution plan of the fabrication, integration, and installation of the 33 floating turbines.   Also, KEPCO E&C is conducting FEED for onshore power supply system of the Gray Whale 3 including onshore cable route design and onshore substations.   BadaEnergy will soon send Call for Tender for the offshore export system composed of the offshore substation, and export electrical cable to worldwide contractors including well known Korean key players.   In this process, BadaEnergy utilizes the relevant know-hows that Corio and TotalEnergies have accumulated in the global renewable energy market and SK ecoplant’s expertise in EPC for the Korean and overseas marine and port construction, which will create the best possible synergy with domestic businesses.   BadaEnergy contributes to carbon neutrality by accelerating the development of offshore wind projects. It also strives to build an offshore wind industry ecosystem in Korea, foster mutual growth with the local community, and achieve a sustainable future.   BadaEnergy touts its policy of ‘localization at all stages and building a new energy ecosystem’ as the keynote of its offshore wind projects. Funds from Korean investors will be invested in the projects, and Korean companies will play a leading role in the project progress.   The personnel needed for the projects are hired directly in Korea. BadaEnergy plans to contribute to the creation of jobs and added value in the local community by working with Korean companies as a team at all stages from development to construction and operation to establish a supply chain for the Korean offshore wind industry.   To promote the circulation of human resources, BadaEnergy has signed industry-academia cooperation partnerships with University of Ulsan (UoU) and Ulsan National Institute of Science and Technology (UNIST) to cultivate offshore wind talents, hires talents through a variety of processes such as internships, and trains them to grow into offshore wind experts by providing professional education and job opportunities.   BadaEnergy participated in UoU’s Regional Industry Development Fund for UoU’s bid to win the Glocal University 30 project last year.   Since BadaEnergy, UNIST and Ulsan Metropolitan City signed a memorandum of understanding (MOU) for industry-university cooperation for the Ulsan floating offshore wind project in 2021, BadaEnergy has granted scholarships and given lectures on offshore wind power technologies and management every semester in an effort to foster future local talents for offshore wind.   BadaEnergy also has ran a six-month internship program. In 2023, one intern was recruited as a full-time employee.   BadaEnergy is carrying out environmental and social impact assessment in line with the laws of Korea and international standards (IFC Performance Standard, EP4) to ensure its offshore wind projects to be environmentally responsible.   One of its core values is developing projects that fulfill environmental and social responsibilities, such as studying coexistence with fishermen and investigating impacts on the fisheries industry through collaboration with relevant government ministries, research institutes, and local universities.   As part of efforts to strengthen its responsibility and commitment to a sustainable future, BadaEnergy is participating in local community activities and actively engaging in environmental education and cultural activities for future generations. It is making donations and joining environmental cleanup activities through cooperation with welfare centers, science museums and other local organizations.   BadeEnergy has conducted the campaign from 2022, titled ‘Together with Ocean,’ where students can learn the significance of carbon neutrality and marine environmental protection in collaboration with the National Ocean Science Museum.   The campaign was conducted at Okseo Elementary School and Myeongchon Elementary School in Ulsan. As an ongoing local ESG program, it aims to raise awareness about the importance of climate crisis and carbon neutrality for future generations.   In addition, BadaEnergy sponsored the eco-friendly program ‘Eco Mom! Happy Kids!’ and participated in an activity to clean up the Yeocheon Stream operated by the Ulsan Nam-gu Community Welfare Center. It also sponsored the production of ChildFund Korea’s environmental education kit ‘Bag to the Green.   Meanwhile, BadaEnergy obtained an electric business license (EBL) for the Maenggoldo offshore wind project last year from the Electricity Regulatory Commission under the Ministry of Trade, Industry, and Energy, which is the last part of its portfolio, following the Ulsan floating offshore wind projects (project name: Gray Whale 1, 2,3) and Geomundo offshore wind project in South Jeolla Province. Now, all of its five projects have gained momentum.   In South Jeolla Province, BadaEnergy is developing offshore wind farms of approximately 500MW and 600MW in two locations, Geomundo and Maenggoldo, respectively.   In order to sufficiently communicate with local residents and fishermen from the early stages of the projects, BadaEnergy has signed a co-prosperity agreement with the Geomundo, Maenggoldo, and Geochado (East and West Geocha Islands) Offshore Wind Promotion Committees and been actively communicating and exchanging with the local communities. Link to the original article.   

BadaEnergy holds a content contest for college students in Ulsan; Titled ‘Offshore wind together with local community’   •        As part of co-prosperity program of Gray Whale floating offshore wind project jointly developed by SK ecoplant•        A content contest under the theme of ‘Floating offshore wind projects to co-prosper with the local community’ being held from March 29 to May 31•        Any students of colleges and graduate schools located in Ulsan can participate in the contest by submitting video or image works•        BadaEnergy : “We are keen and eager to reflect opinions and ideas by youths into the development of offshore wind projects to have common grounds with the local community.”  March 29, 2024 – BadaEnergy, a portfolio of offshore wind projects in South Korea jointly developed by SK ecoplant, TotalEnergies, and Corio Generation, holds a content contest for college students in Ulsan under the theme of ‘Floating offshore wind projects to co-prosper with the local community.’The contest designed by BadaEnegy, which is carrying out Gray Whale 1,2,3 floating offshore wind projects off the coast of Ulsan, aims to raise the understanding of the projects through contents containing young people's novel perspectives and vivid ideas, thereby exploring ways to cooperate with residents, fishermen, and the entire local community. For participation, individuals or teams consisting of four or less are required to create and submit video or image work on the following subtopics: ▲Floating offshore wind technology for a sustainable future in Ulsan; ▲Necessity and urgency of offshore wind energy to achieve carbon neutrality in the era of climate crisis; ▲Necessity of floating offshore wind farms as new growth engines for the local community.Any student of colleges and graduate schools located in Ulsan can participate in the contest. Applications will be received from Friday, March 29 to 6 p.m. on Friday, May 31. Participants are required to submit their works, along with the written application downloaded from the BadaEnergy official website’s events notice board (www.badaenergy.co.kr), to its official email address.To help participants produce higher-quality contents, BadaEnergy will hold Open Q&As for five days from May 6 to 10. Any inquiry is allowed, for example, into information about offshore wind energy and feedback on work plans.After submitted works are evaluated, a total of eight winners in the video and image categories will be selected. The winners will be awarded certificates and a certain amount of prize money.“We are aware that the younger generation is more concerned than anyone else with addressing the climate crisis and local community issues. Through this contest, we hope that Ulsan students will be able to freely express their opinions and ideas including policy suggestions about the development of floating offshore wind farms in Ulsan,” says SK ecoplant Representative Heo Yong, an organizer of the contest. “We are keen and eager to reflect young people’s ideas and suggestions into the offshore wind projects to have common grounds with the local residents.”BadaEnergy continues to expand its industry-academic cooperation programs with the Ulsan National Institute of Science & Technology (UNIST) and the University of Ulsan to foster local talents in offshore wind, and is actively conducting environmental, social and governance (ESG) activities for future generation environmental education and regional co-prosperity in Ulsan, including the ‘Together with Ocean,’ a carbon-neutral education campaign for elementary school students.Photo) Poster of the Offshore Wind Content Contest for college students in Ulsan

BadaEnergy shares warmth with residents on Maenggol and Geocha Islands in South Jeolla Province in celebration of the festive season  •        BadaEnergy makes donations worth KRW 20 million for the residents of Maenggol Island, West Geocha Island, and East Geocha Island in Jindo County, South Jeolla Province•        Donations including rice cookers and beddings delivered to residents in the Maenggol Islands, where BadaEnergy is developing a 600MW offshore wind project•        BadaEnergy : “We are keen to the voices of residents and will continue to strive moving forward for co-prosperity with the local community.”  [2023. 12. 29] BadaEnergy has shared warmth with the residents of islands in Jindo County, South Jeolla Province in celebration of the festive season.BadaEnergy, a portfolio of offshore wind projects in South Korea jointly developed by Corio Generation, TotalEnergies and SK ecoplant, announced on December 29 that it delivered donations including rice cookers and beddings worth about KRW 20 million to the residents of Maenggol Island, West Geocha Island, and East Geocha Island in Jindo County, South Jeolla Province for three days from December 27 to 29.BadaEnergy is currently promoting a 600 MW offshore wind project in the waters southwestern of Maenggol Islands.“We have prepared donation items hoping that the residents would have a warm year-end and a happy new year, breaking through the cold winter, and it is rewarding for us to receive a heartfelt welcome.”, BadaEnergy said at the delivery ceremony.  “In addition to donations, we have been keen to the voices of residents to find out the ways that would contribute to the benefit of the local community and will continue to strive moving forward for co-prosperity with the community”, it added.BadaEnergy also made a donation worth KRW 10 million for Jindo County in the mid-December as a member of the Jindo Offshore Wind Association, as part of its efforts to promote the mutual prosperity in the region.Photo) BadaEnergy made donations for residents of Maenggol Island, West Geocha Island, and East Geocha Island in Jindo County, South Jeolla Province for three days from December 27 to 29.

BadaEnergy awards scholarships to UNIST students to cultivate local talents for offshore wind  •        BadaEnergy awarded scholarships to five students at UNIST Graduate School of Technology and Innovation Management for the second semester of 2023•        Since signing an industry-academic cooperation agreement with UNIST in 2021, BadaEnergy has offered scholarships and lectures on offshore wind power technologies and management every semester•        As a part of the university partnership program for the Ulsan floating offshore wind farm, scholarship awardees are also entitled to preferential treatment in internship and employment  2023. 12. 11 – BadaEnergy, a portfolio of offshore wind projects in South Korea jointly developed by Corio Generation, TotalEnergies and SK ecoplant, announced on December 11 that it has 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. Since BadaEnergy, UNIST and Ulsan Metropolitan City signed a memorandum of understanding (MOU) for industry-university cooperation for the Ulsan floating offshore wind project in 2021, BadaEnergy has granted scholarships and given lectures on offshore wind power technologies and management every semester in an effort to foster future local talents for offshore wind. BadaEnergy also ran a six-month internship program last year, and the intern was recruited as a full-time employee earlier this year.While the UNIST Graduate School of Technology and Innovation Management offers a range of curricula on renewable energy, including energy system analysis as well as offshore wind technology and business management, BadaEnergy takes on the offshore wind technology and management course on an annual basis by delivering practical experience and know-how in all stages of offshore wind development.Besides scholarships, the awarded students will also be given opportunities to take part in BadaEnergy’s environmental, social, and governance (ESG) and corporate social responsibilities (CSR) activities, and engage in networking of related fields, along with preferential consideration for internship and employment from BadaEnergy.“The offshore wind industry is rapidly expanding as a new sector amidst the climate crisis, and there is a growing need for offshore wind specialists,” BadaEnergy said. “Based on our partnership with UNIST, we will give all our attention and support to train offshore wind professionals with global competitiveness systematically and to create a virtuous cycle of employment with Ulsan floating offshore wind farm.”Choi Young-rok, Dean of UNIST Graduate School of Technology and Innovation Management, said: “We deeply appreciate the continued support of the global offshore wind leading companies Corio, TotalEnergies and SK ecoplant for the industry-academic cooperation program, which provides scholarships to our excellent students, as well as expertise and vivid experiences in the field of offshore wind.”Currently, BadaEnergy is developing a portfolio of projects, including the floating offshore wind projects with a combined capacity of 1.5GW (project name: Gray Whale 1,2,3) off the coast of Ulsan.Photo 1) On December 8, BadaEnergy awarded scholarships to five students majoring in new & 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, back row), BadaEnergy Gray Whale Project Director Guillaume Le Maréchal (third from left, back row) in attendance.Photo 2) On December 8, BadaEnergy awarded scholarships to five students majoring in new & 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, back row), BadaEnergy Gray Whale Project Director Guillaume Le Maréchal (third from left, back row) in attendance.

BadaEnergy selects Hyundai Heavy Industries as the preferred bidder for Ulsan Gray Whale Floating Offshore Wind Project  •        Hyundai Heavy Industries (HHI) has been selected as the preferred bidder for the EPC of the Ulsan Gray Whale 3 floating offshore wind farm being promoted off the coast of Ulsan.•        1.5 GW Gray Whale is expected to be one of the world’s largest floating offshore wind farms once the project’s third phase is completed.•        BadaEnergy relocated its Ulsan office to a larger facility to ensure fast and efficient communication with local municipalities, stakeholders, and supply chains.  [November 7, 2023] BadaEnergy, a portfolio of offshore wind projects in South Korea jointly developed by Corio Generation, TotalEnergies and SK ecoplant, announced on Tuesday that it has selected HHI as the preferred bidder for the EPC (Engineering, Procurement, and Construction) of its Gray Whale 3 floating offshore wind farm. In August last year, BadaEnergy selected the HHI and Doris Engineering consortium as Front-End Engineering Design (FEED) contractor for Gray Whale 3 to perform FEED (Front-End Engineering and Design) services for floater, mooring and inter-array cables.HHI is now collaborating in a task force with the BadaEnergy team and Vestas (Selected as Preferred Wind Turbines Supplier for Gray Whale 3) with the aim to continue optimising design and industrialising the execution plan of the fabrication of the 33 hulls, the integration of the turbines and the installation to the site.The Ulsan floating offshore wind projects (project name: Gray Whale 1,2,3) aim to construct 1.5-gigawatt in public waters about 60 kilometers east of Ulsan Port, targeting to start phased construction from 2025 and begin the first commercial operation in 2028. Once the project’s third phase is completed, the wind farm is expected to be one of the world’s largest floating offshore wind farms.With the selection of the preferred bidder, BadaEnergy will be able to rapidly implement its strategy of localising all stages of offshore wind projects. As offshore structures are one of the key facilities in offshore wind development, HHI, which has extensive experience in the construction and fabrication of offshore plants such as FPSO (Floating Production Storage and Offloading) and platforms, is expected to sharpen its competitive edge and export its technologies to the overseas market by participating in Korea’s first and one of the world’s largest floating offshore wind projects.BadaEnergy also relocated its office to a larger one in Songjeong-dong, Buk-gu, Ulsan, in order to facilitate faster and more efficient communication with local municipalities, local stakeholders and local supply chains. The ceremony to mark the opening of BadaEnergy’s new Ulsan office held on November 2 was attended by 50 distinguished guests from offshore wind industry in Ulsan, including the Ulsan Chamber of Commerce and Industry, HHI, Vestas, and local supply chains.In addition, when Ulsan is designated as a specialised area for distributed energy, floating offshore wind projects, including the Gray Whale projects, can serve as future growth engines that will create jobs and promote revitalisation of the local economy.BadaEnergy's co-Representative Director Woojin Choi stated that “We believe this is one of the most significant milestones in our great journey towards floating offshore wind. To achieve the global net-zero target by 2050, more than 2,000 GW of offshore wind projects need to be built globally (which represents a market of KRW 12,000 trillion), with the majority being floating offshore wind.  Korea’s supply chain participating in our floating offshore wind projects will have an excellent opportunity to enter the global floating offshore wind market. Also, we believe our floating offshore wind projects in Ulsan will help Ulsan City achieve its net zero targets and be designated as a Special District for Distributed Energy, attracting innovative companies that require a renewable energy source for electricity.”“TotalEnergies and HHI have built a strong partnership by carrying out a variety of projects in the oil and gas sector since 2000, and based on this mutual trust, HHI has successfully performed FEED work, bolstering a win-win partnership,” Gray Whale 3’s Project Director Guillaume Le Maréchal said. “As it happened 25 years ago with Oil and Gas, we are convinced that the floating offshore wind project in Ulsan will serve as an example of a revival of the local economy and the best practice of Korea’s technological prowess being widely recognized overseas, by creating synergy with local companies centered on Ulsan to establish local supply chain of offshore wind.”HHI’s Head of Sales Operations Seung-yong Park said, “We are very pleased to have been selected as the preferred EPC bidder in one of the world’s largest floating offshore wind projects. With our accumulated experience and technologies, HHI will make every effort to ensure the Gray Whale 3 project’s success and the establishment of future energy ecosystem.”“We are honored to have been selected as the preferred turbine supplier and collaborate with BadaEnergy and HHI for the Gray Whale 3 floating offshore wind project. We will deliver the unparalleled competitiveness of Vestas’ technology combined with our experience in floating wind project execution to make sure an optimal deployment of offshore wind and strengthen customers’ business case for the project,” said Srdan Cenic, Country Manager of Vestas Korea & Vice President, Head of Sales Offshore of Vestas Asia Pacific.Furthermore, BadaEnergy and HHI will continue to strengthen cooperation with the local community, including the participation in the fund-raising event for the local industry development fund, which was held in early October to support the University of Ulsan’s bid to win the Glocal University 30 Project. Photo) Officials are taking a commemorative photo at BadaEnergy's new Ulsan office opening ceremony on November 2. From the left: SK ecoplant’s Executive of Net Zero and Energy Jeong-hoon Kim, BadaEnergy’s co-Representative Director Woojin Choi, Gray Whale 3’s Project Director Guillaume Le Maréchal, HHI's Executive Vice President Seon-mook Lim and HHI's Senior Vice President Tae-jin Kim and HHI's PM Jinseong Son.