The Hexicon-led MunmuBaram floating wind project has taken a significant step forward by receiving Environmental Impact Assessment (EIA) approval from South Korea’s Ministry of Environment and Ministry of Trade, Industry and Energy. This achievement is crucial for the future of the offshore wind farm 1,125 MW offshore wind farm, which will be located some 60 km off the coast of Ulsan, a key region in the country’s energy transition.
With this approval, Hexicon secures its participation in South Korea’s wind power auction system, marking a key step forward in its mission to promote renewable energy. renewable energy on the Korean peninsula. The MunmuBaram project, formally operated by Hexicon since July, promises to generate clean energy for more than 700,000 households, cementing its place as a centerpiece of the country’s sustainable energy strategy.
Approval for the MunmuBaram floating wind power project
The environmental assessment process for the MunmuBaram MunmuBaram project project was rigorous, encompassing a detailed analysis of potential impacts on marine and terrestrial ecosystems, as well as local communities. This assessment demonstrates Hexicon’s strong commitment to sustainable development and social responsibility, ensuring that the project not only drives the energy transition, but also respects the natural environment.
Marcus Thor, CEO of the company, expressed his satisfaction with this important development:
The EIA approval is an essential milestone for Hexicon’s project portfolio. I am incredibly proud of the team in South Korea for their dedication and hard work, which allows us to move forward to the next phase of the MunmuBaram project.
With the EIA approved, Hexicon is ready to proceed with the development of the MunmuBaram wind farm, which will be a benchmark in floating wind energy and a model of sustainability in Asia.
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Source: Hexicon
Photos: Hexicon | shutterstock
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