---
title: "Bandibuli Floating Wind Farm (Equinor Firefly)"
source: https://hafrok.com/projects/kr-bandibuli-floating-wind-farm-equinor-firefly/
identifier: kr-bandibuli-floating-wind-farm-equinor-firefly
updated: 2026-10-13
---

# Bandibuli Floating Wind Farm (Equinor Firefly)

Source: https://hafrok.com/projects/kr-bandibuli-floating-wind-farm-equinor-firefly/  
Data as of: 2026-10-13

Also known as Firefly. Equinor leads; Jeonnam province context but Ulsan-area project. Co-located with Ulsan floating wind cluster.

| Field | Value |
|---|---|
| Country | South Korea |
| Sea basin | Sea of Japan (East Sea) |
| Capacity | 750 MW |
| Lifecycle stage | Early Development |
| Owners | Equinor |
| Coordinates | 35.4006, 129.9967 |
| Commercial operation (announced) | 2030 |
| Commercial operation (Hafrok's expected year) | 2035 (range 2035–2041) |
| Chance of delivery | Prospective (weight 0.59) |

## Milestones

- **Consent applied** — 2021-12 (achieved)
- **Commercial operation** — 2035 (expected)

## Offtake

750 MW contracted — utility PPA

- **Utility PPA · South Korea 2024 Wind Fixed-Price Auction — fixed-bottom + floating offshore** — price undisclosed · awarded 2024-12 · 20-year term

## Sources

Every figure above traces to one of these. Quoted passages are held but not republished; follow the link for the original wording.

- unknown, date not stated — https://bandibulienergy.com/n-241010/
- Offshore Wind (Navingo), 2024-12 — https://www.offshorewind.biz/2024/12/19/south-korea-awards-nearly-1-9-gw-of-offshore-wind-capacity/
- Tamarindo, 2024-12 — https://tamarindo.global/stories/equinor-anma-and-vena-win-in-2-1gw-south-korea-auction/
- Equinor Korea, 2024-10 — https://www.equinor.co.kr/en/news/five-ulsan-floating-offshore-wind-power-developers-jointly-sign-contract-for-use-of-world's-largest-6gw-transmission-electrical-facilities
- Tethys (PNNL), 2026-06 — https://tethys.pnnl.gov/wind-project-sites/fireflybandibuli-floating-wind-farm
- Ocean Energy Resources, 2025-09 — https://ocean-energyresources.com/2025/09/12/risk-of-cancellation-firefly-project-south-korea/
- reNEWS, 2025-09 — https://renews.biz/106235/equinor-misses-offtake-deadline-for-firefly-floater/
- GEM, 2026 — https://www.gem.wiki/Firefly_(Bandibuli)_floating_offshore_wind_farm
- GEBCO Compilation Group, 2020 — https://www.gebco.net/data_and_products/gridded_bathymetry_data/
- DTU Wind Energy / World Bank (Global Wind Atlas), 2026 — https://globalwindatlas.info/
- Shin and Kim, 2026-06-22 — https://www.shinkim.com/eng/media/newsletter/2605

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Hafrok · https://hafrok.com/projects/kr-bandibuli-floating-wind-farm-equinor-firefly/ · please cite the page you took a figure from.