- Category: Offshore Wind
- 13 May 2012
- Published on Sunday, 13 May 2012 09:42
- Hits (1337)
With a substantial amount of coastal area, South Korea has great potential for offshore wind power development according to Danish wind power firm Vestas. The leading wind energy company will be participating in the country's upcoming Expo 2012 at Yeosu, South Korea, looking to forge closer ties with the country's wind energy sector. "Korea is leading the way by systematically implementing policies required to spur green growth," says Vestas chief executive Ditlev Engel. "With the right policy frameworks in place, business will make the investments, take the risks, and create the new business opportunities that the green economic transformation promises." Vestas said it has been the country's partner in the wind power sector since 1998 and has installed more than 200 onshore wind power turbines or 70 percent of South Korea's wind power plants. The company is now setting its sights on the country's offshore wind power potential. By participating in the Expo, Vestas looks to help South Korea tap into its offshore wind resources, creating green jobs and supporting the government's focus on renewable energy. Expo 2012 Yeosu Korea is this year's World Fair which runs from May 12 to August 12, 2012, and will be participated by more than 100 countries and international organizations, expecting 8 million visitors.