K2 Management (K2M) has been selected as the owner’s engineer for the MyeongRyang Offshore Wind project, a venture led by Pacifico Energy Korea (PEK), a subsidiary of American renewable energy developer Pacifico Energy.
The project is the initial phase of a larger 3.2 GW offshore wind complex off the coast of Jindo-gun in South Korea and includes construction of a fixed offshore wind farm with an installed generation capacity of approximately 420 MW.
The company’s role as owner’s engineer for the project includes conducting wind analysis, metocean studies, conceptual designs, and preparing and selecting contractors for site investigation.
K2M will offer technical support throughout the site investigation process, as well as assistance in obtaining permits. The company is expected to be actively involved in the project until next year.
”South Korea continues to build a strong offshore wind market, and the recent auctions last year are a positive reflection of the nation’s goals,” says K2M’s Jake Jung.
“We are incredibly proud to be able to contribute to that growth by supporting PEK in the first phase of their major 3.2GW wind complex, a project that will play a crucial role in helping the country decarbonise. By leveraging our international consultants, local expertise and collaborating closely with PEK’s team, we are well-positioned to ensure the successful development of this project.”
The project is set to commence construction in 2028.
