East Blue Power (Mainstream / Ocean Winds Phase 1)
Phase 1 of KF Wind cluster. Part of the Ulsan floating wind hub.
Status
Early Developmentlifecycle stage
PossibleHafrok delivery likelihood
Ownership
Ocean Winds — 66.7% ◇
Mainstream Renewable Power — 33.3% ◇Location
South KoreaSea of Japan (East Sea)
Technology
Capacity
375 MW ◇
Turbines
—
Foundation
Floating ◇
Site & conditions
Site rights
Application filed 2022-Q1 ◆
Water depth
156–189 m ≈
Wind speed
8.3 m/s @ 150 m ≈
Revenue & grid
Offtake
—
Grid
Secured · Oct 2024 ◇
Connection
KEPCO Shinonsan onshore station, Ulsan ◇
Schedule
FID
Not taken
COD · announced
2030 ○
COD · Hafrok
for registered readers
Delivery outlook modelled by Hafrok · calibrated on delivered projects
PossibleHafrok's delivery likelihood for East Blue Power (Mainstream / Ocean Winds Phase 1)
The developer says 2030. Hafrok's year sits later than that; the year, the chance and the working are for registered readers.
Free for registered readers in early access · register below ↓
Project timeline & ownership verified milestones on the spine · ownership from Hafrok's transactions record
1 dated milestone on the spine, each with its source · the ownership chain from Hafrok's transactions record · the developer's announced-COD history
For registered readers · register below ↓
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
For registered readers · register below ↓
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
For registered readers · register below ↓
Sources & verification
Rests on 8 sources (1 primary) · ◆ 5 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.
Operator3
[2]
Mainstream Renewable Power2024-10◆ Mainstream Renewable Power and Ocean Win…
“It is a joint venture company owned by Ocean Winds (66.7 percent) and Mainstream Renewable Power (33.3 percent). The project secured a Transmission Service Agreement with Korea Electric Power Corporat…”
supportsoperatorownerTotal capacity
[4]
Ocean Winds2024-10◆ KF Wind secures grid connection for 1.1 …
“KF Wind has secured a Transmission Service Agreement (TSA) with Korea Electric Power Corporation (KEPCO) for a total of 1,125 MW. The interconnection point for the project is at KEPCO's Shinonsan onsh…”
supportsStatusConnection point
[8]
Ocean Winds2022-03-03◆ Ocean winds and aker offshore wind secur…
“has obtained its second Electric Business License (EBL) from the Ministry of Trade, Industry and Energy of the Republic of Korea for a capacity of 450 MW . [...] follows the 870 MW EBL that KF Wind wa…”
supportsConsentSite rightsConsent applied
Auction pipeline1
[9]
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 press3
[5]
[6]
[7]
Unverified import1
[1]
unknown◆ KF Wind - Mainstream Renewable Holdings …
supportsCommercial operationTotal capacityFoundationWater depthCoordinates
Early access