Principle Power inks South Korean MoU
- Admin
- Jun 20, 2024
- 1 min read
Principle Power has signed an agreement with shipyard HSG Sungdong to advance serial manufacturing of its floating wind foundations in South Korea. The agreement aims to prepare HSG Sungdong for mass production and assembly of WindFloat technology to meet the demand for floating wind projects in South Korea. Additionally, the agreement supports South Korea's goal of achieving 14.3GW of offshore wind capacity by 2030.
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