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 KoreaSea of Japan (East Sea)
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.
Project timeline & ownership verified milestones on the spine · ownership from Hafrok's transactions record
the dated milestones on the spine, each with its source · the ownership chain 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 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)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 press4
[1]
offshoreWIND.biz2025
Press report — cited, not quoted; read it at the source link.
supportsownerTotal capacity
[2]
[3]
NS Energy2025
Press report — cited, not quoted; read it at the source link.
supportsModelUnit capacityWater depthDistance from shore
[4]
Early access