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Equinor project loses PPA ahead of South Korean offshore wind tender

Summary by Recharge | Renewable Energy News
Equinor's Bandibuli power purchase agreement is cancelled as Korean government sticks to its guns on offshore wind strategies that include localisation and support for public-led projects
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2 Articles

Énergies de la MerÉnergies de la Mer

Equinor Fails to Finalize Its 750 Mw Offshore Wind Project

South Korea Norway – 01/04/2026 – energysdelamer.eu. Equinor failed to finalize a crucial agreement for its 750 MW offshore wind project. Although the developer was recognized as the first winner of public support for floating wind in South Korea, he did not meet the fourth and final deadline for signing his renewable energy certificate (ERC) for Firefly/Bandibuli, which will be located off Ulsan, in the south-east of the country. This situation…

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Recharge | Renewable Energy NewsRecharge | Renewable Energy News

Equinor project loses PPA ahead of South Korean offshore wind tender

Equinor's Bandibuli power purchase agreement is cancelled as Korean government sticks to its guns on offshore wind strategies that include localisation and support for public-led projects

Read Full Article
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Recharge | Renewable Energy News broke the news on Tuesday, March 31, 2026.
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