Donghae 1 Floating Wind Farm

Located ~60 km off Ulsan coast, near the Donghae gas field. Leverages existing marine infrastructure.

Status
Early Developmentlifecycle stage
PossibleHafrok delivery likelihood
Ownership
Equinor — 33.33% ◇
KEKorea East-West Power — 33.33% ◇
KNKorea National Oil Corporation — 33.34% ◇
Location
South Korea
Sea of Japan (East Sea)
Technology
Capacity 200 MW ◇
Turbines —
Foundation Floating ◇
Site & conditions
Site rights Application filed 2021-12 ◇ Water depth 135–158 m ≈ Wind speed 8.3 m/s @ 150 m ≈
Revenue & grid
Offtake —
Grid —
Schedule
FID Not taken
COD · Hafrok for registered readers

Delivery outlook modelled by Hafrok · calibrated on delivered projects

PossibleHafrok's delivery likelihood for Donghae 1 Floating Wind Farm
The developer has stated no date. Hafrok's year, the chance and the working are for registered readers.
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Project timeline & ownership verified milestones on the spine · ownership from Hafrok's transactions record

1 dated milestone on the spine, each with its source · 1 recorded ownership deal from Hafrok's transactions record · the developer's announced-COD history
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Revenue & offtake contract terms, price levels and the route to market

the contract terms on record · price over time in money of the day · the routes to market and the next visible round
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Installation how the build is going · from sourced statements and Hafrok's registers

construction status and turbines standing · vessel and port contracts · the grid connection and whether it is ready in time
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Sources & verification

Rests on 9 sources · ◆ 4 documents held
◆Verified≈Modelled◇Sourced∴Inferred⌁Convention○Unverified∅No source·Derived
Numbers are stable citation ids — grouped by source class, so they are not consecutive.
Operator2
[2]
Equinor2019-07-11◆ Floating offshore wind project in South …
“Equinor and Korean partners Korea National Oil Corporation (KNOC) and Korea East West Power (KOEN) have signed an agreement to co-develop a floating offshore wind project of up to 200MW capacity near …”
supportsTotal capacity
[5]
Equinor2025
supportsoperatorowner
Auction pipeline1
[15]
기후에너지환경부 (MCEE)2026-10-30◆ kr-mcee-h2-2026-notice
"올해 하반기 해상풍력 경쟁입찰의 총 입찰공고 물량은 2,200MW 내외로 고정식 해상풍력 1,700MW 내외, 부유식 해상풍력 500MW 내외를 각각 공고하며" [...] "고정식 해상풍력의 상한가격은 168.937원/kWh이며, 부유식 해상풍력의 상한가격은 174.003원/kWh으로"
supportsSouth Korea 2026 H2 Offshore Wind Auction
Trade press5
[3]
Offshore Wind Biz2021-05-07◆ 200 MW Floating Wind Farm in South Korea…
Press report — cited, not quoted; read it at the source link.
supportsConsentSite rightsConsent applied
[4]
Power Technology2024-10
Press report — cited, not quoted; read it at the source link.
supportsTotal capacity
[6]
GEM2026
supportsTotal capacityFoundationCoordinates
[7]
GEBCO Compilation Group2020
supportsWater depth
[8]
DTU Wind Energy / World Bank (Global Wind Atlas)2026
supportsMean wind speed
Unverified import1
[1]
unknown◆ South Korea - Equinor
supportsTotal capacityFoundationWater depthCoordinates
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