KNOC joins Equinor for offshore wind projects in South Korea
The two companies have signed a Memorandum of Understanding to jointly explore commercial floating offshore wind deployments in South Korea. Equinor, which operates what is touted as the first commercial floating offshore wind project off the UK, sees Asia as a key future market
KNOC is launching a new offshore wind business as South Korea sets out to boost the share of energy derived from renewables to 20% by 2030
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