Munmubaram

Ulsan floating cluster 5th member; EIA approved, marine safety cleared Nov 2025; Hexicon bought out Shell Feb 2024.

Status

Proposedlifecycle stage

Ownership

Hexicon — 100% ◇

Location

South Korea

Sea of Japan (East Sea)

Verification

0/13 fields verified

5 sources · ◆ 1 document held

≈modelled◇sourced∅no source·derived

open the source register →

Technology

Capacity 750 MW ◇ Turbines — ◇ Model Vestas V236 15-0 ◇ Foundation Floating ◇

Site & conditions

Site rights Not established we have not found a document granting or refusing rights over this seabed — a gap in our research, not a finding about the project ∅

Water depth 120–150 m ◇ Distance from shore 65 km ◇ Wind speed 8.2 m/s @ 150 m ≈

Revenue & grid

Offtake —

Grid —

Schedule

FID Not taken

COD · developer —

Delivery outlook not forecast

We don't put a delivery estimate on this project yet. No authority has granted rights to this site, so there is nothing to date a schedule from. That changes the moment the seabed is awarded, a consent application is filed, or the project is named in an auction.

Revenue & offtake route to market — open

No offtake secured — route to market open

The routes describe what exists in this market — not a prediction of which the project will take.

Next visible round · from the auction calendar

South Korea 2026 H2 Offshore Wind Auction ◇

expected H2 2026 · planned · the round’s published documents do not name this project

MCEE's ten-year roadmap (2026-06-30) schedules 1.7-3.0 GW for 2026 H2 — fixed 1.3-2.0 GW, floating 0.4-1.0 GW. No 공고 date published as of 2026-08-26; the ministry began collecting military-operability consultation requests for H2 bidders from April 2026.

Installation how the build is going · from satellite counts and Hafrok’s registers

Installation not started

nothing to count yet: the satellite tracker begins when offshore construction does

Installation · on record

StageProposed

Offshore constructionnot started

Expected start of operationnot stated

Sources & verification

0/13 fields verified · rests on 5 sources · ◆ 1 document held

◆Verified≈Modelled◇Sourced∴Inferred⌁Convention○Unverified∅No source·Derived

Numbers are stable citation ids — grouped by source class, so they are not consecutive.

Auction pipeline1

[5]

기후에너지환경부 (MCEE), via 대한민국 정책브리핑 (korea.kr)2026-06-30◆ kr-mcee-roadmap-2026

Roadmap table, 2026 H2 column: 경쟁입찰 물량 1.7~3.0 GW (고정식 1.3~2.0, 부유식 0.4~1.0). "RPS 제도 일몰('27.1.1.)에 따라 '27년 이후 입찰에 대한 세부 운영 방식 및 선정 프로세스 구체화 필요 ('26년 하반기 중)."

supportsSouth Korea 2026 H2 Offshore Wind Auction

source ↗

Trade press4

[1]

offshoreWIND.biz2025

Press report — cited, not quoted; read it at the source link.

supportsownerTotal capacity

source ↗

[2]

Global Energy Monitor2026

supportsFoundationCoordinates

source ↗