---
title: "Shinan-Ui Offshore Wind Farm"
source: https://hafrok.com/projects/kr-shinan-ui/
identifier: kr-shinan-ui
updated: 2026-10-13
---

# Shinan-Ui Offshore Wind Farm

Source: https://hafrok.com/projects/kr-shinan-ui/  
Data as of: 2026-10-13

Part of the 8.2 GW Shinan offshore wind cluster ambition. Located in the Yellow Sea off Jeonnam province.

| Field | Value |
|---|---|
| Country | South Korea |
| Sea basin | Yellow Sea |
| Capacity | 390 MW |
| Turbines | 26 |
| Lifecycle stage | Under Construction |
| Owners | Mirae Energy Fund · Hanwha Ocean · Korea Midland Power (KOMIPO) · SK Eternix · Hyundai Engineering and Construction |
| Coordinates | 34.5155, 125.8706 |
| Commercial operation (announced) | 2029 |
| Commercial operation (Hafrok's expected year) | 2029 (range 2028–2029) |
| Chance of delivery | Delivering (weight 0.973) |

## Milestones

- **Consent granted** — 2025-03-26 (achieved)
- **Final investment decision** — 2026-04 (achieved)
- **Offshore construction** — 2026-04 (achieved)
- **Commercial operation** — 2029 (expected)

## Offtake

390 MW contracted — utility PPA

- **Utility PPA · South Korea 2023 Wind Fixed-Price Auction — offshore carve-out** — price undisclosed · awarded 2023-12 · 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://www.trade.gov/market-intelligence/south-korea-offshore-wind
- Korea Energy Agency (KNREC), 2023-12 — https://www.k-re100.or.kr/file/2023%EB%85%84%20%ED%92%8D%EB%A0%A5%20%EA%B3%A0%EC%A0%95%EA%B0%80%EA%B2%A9%EA%B3%84%EC%95%BD%20%EA%B2%BD%EC%9F%81%EC%9E%85%EC%B0%B0%20%EC%82%AC%EC%97%85%EC%9E%90%20%EC%84%A0%EC%A0%95%EA%B2%B0%EA%B3%BC.pdf
- Electric Power Journal (EPJ), 2023-12-20 — https://www.epj.co.kr/news/articleView.html?idxno=33585
- Vestas, 2025-12-29 — https://www.vestas.com/en/media/company-news/2025/vestas-secures-390-mw-offshore-order-in-south-korea-c4287052
- Financial Services Commission (FSC), South Korea, 2026-04-09 — https://www.fsc.go.kr/no010101/86672
- KukiNews / Daum, 2026-04-09 — https://v.daum.net/v/20260409190637505
- Daum / trade press (KOMIPO announcement), 2026-04-09 — https://v.daum.net/v/20260409140037581
- Daehan Economy, 2026-04 — https://www.dnews.co.kr/uhtml/view.jsp?idxno=202508201436344210394
- GEM, 2026 — https://www.gem.wiki/Sinan_Wui_wind_farm
- GEBCO Compilation Group, 2020 — https://www.gebco.net/data_and_products/gridded_bathymetry_data/
- KHARN, 2023 — https://www.kharn.kr/news/article.html?no=23325
- Money Today Network (MTN), 2026-06-24 — https://news.mtn.co.kr/news-detail/2026062416434876803
- Seoul Shinmun, 2026-04-16 — https://www.seoul.co.kr/news/economy/2026/04/16/20260416016002
- offshoreWIND.biz, 2026-04-09 — https://www.offshorewind.biz/2026/04/09/financing-in-place-for-390-mw-shinan-ui-offshore-wind-project-in-south-korea/
- DTU Wind Energy / World Bank (Global Wind Atlas), 2026 — https://globalwindatlas.info/
- Shinan County (신안군), 2025-03-31 — https://www.shinan.go.kr/home/www/openinfo/participation_07/participation_07_04/show/36171
- Shin and Kim, 2026-06-22 — https://www.shinkim.com/eng/media/newsletter/2605

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Hafrok · https://hafrok.com/projects/kr-shinan-ui/ · please cite the page you took a figure from.