Ocean Winds’ 1,125 MW Hanbando offshore wind project, located in the Exclusive Economic Zone (EEZ) of Incheon, South Korea, has received an Electricity Business Licence (EBL) from the Electricity Regulatory Commission under the Ministry of Trade, Industry, and Energy (MOTIE).
The EBL grants the project exclusive development rights over the sea space, reserves interconnection capacity, and marks a key step in its development. With the licence secured, Hanbando Offshore Wind will now begin the Environmental Impact Assessment, pursue other key permits, conduct site investigations, and initiate main engineering studies.
Ocean Winds is a joint venture between EDP Renewables and Engie.