MunmuBaram Floating Offshore Wind Project
‘MunmuBaram’ joint venture between global energy company Shell and Sweden based offshore wind developer
HEXICON AB, aims to develop, construct, and operate Up to 1.2GW floating wind farm,
located offshore South-East Korea, between 65 and 80 km from the city of Ulsan, South Korea.
MunmuBaram project is a significant development towards South Korea’s ‘Renewable Energy 3020 Plan’,
which aims to increase domestic renewable energy generation to 20% of the energy mix by the year 2030
and will assist in meeting South Korea’s ambition to become carbon neutral by 2050.
