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Home›Business & Finance›CIP Plans New 1 GW Offshore Wind Farm in Korea, Selects LS Marine Solution as Preferred Cable Installation Supplier
Business & Finance

June 12, 2025 · about 1 year ago

CIP Plans New 1 GW Offshore Wind Farm in Korea, Selects LS Marine Solution as Preferred Cable Installation Supplier

Copenhagen Offshore Partners (COP) and LS Marine Solution have signed a preferred supplier agreement (PSA) for the 1 GW Haesong offshore wind farm in South Korea, which COP is developing on behalf of Copenhagen Infrastructure Partners (CIP). Under the agreement, LS Marine Solution is the preferred s

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CIP Plans New 1 GW Offshore Wind Farm in Korea, Selects LS Marine Solution as Preferred Cable Installation Supplier
Photo: LS Marine Solution

Copenhagen Offshore Partners (COP) and LS Marine Solution have signed a preferred supplier agreement (PSA) for the 1 GW Haesong offshore wind farm in South Korea, which COP is developing on behalf of Copenhagen Infrastructure Partners (CIP).

Under the agreement, LS Marine Solution is the preferred supplier for subsea cable installation work, encompassing a broader scope that includes marine surveys, cable laying and burial, and cable testing.

The Korean company says it plans to use its new cable laying vessel (CLV) for the 1 GW offshore wind project.

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The Haesong project is planned to be built off the west coast of Shinan, Jeonnam, and consists of two 504 MW phases, Haesong 1 and Haesong 3.

CIP has several offshore wind projects in South Korea, including the 96 MW Jeonnam 1 offshore wind project that recently entered commercial operations, which CIP owns jointly with SK Innovation E&S.

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LS Marine Solution was also one of the suppliers for the now-operational project.

The parent company, LS Cable & System, also signed two preferred supplier agreements for CIP’s projects in South Korea recently, including the Haewoori Offshore Wind 3 project and the 504 MW Taenan offshore wind farm.

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