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Historic offshore wind partnership framework agreement

offshore wind partnershipSiemens Gamesa and Doosan Enerbility, formerly Doosan Heavy Industries, announce the signing of a binding framework agreement for a strategic partnership for the South Korean offshore wind market. Marc Becker, CEO of Siemens Gamesa’s offshore business and Hongook Park, CEO of Doosan Enerbility’s Power Service Business Group represented the parties at the partnership framework agreement signing ceremony held in Hamburg, Germany.

The agreement follows successful exploration of potential cooperation made possible by a memorandum of understanding signed in June 2022. This next step lays the foundation for strong local content offerings in the South Korean offshore wind market in the future. The implementation of the partnership scope is subject to successful offshore wind power orders in the South Korean market. The framework agreement covers three areas for knowledge exchange on technology in which the two companies will collaborate closely in South Korea. Doosan will assemble Siemens Gamesa’s offshore wind turbine nacelles in a Doosan facility currently in the design phase, undertake turbine assembly for Siemens Gamesa machines in staging ports as well as the offshore construction of projects using Siemens Gamesa machines, and perform offshore service on selected orders involving Siemens Gamesa machines.

The alliance between the companies bolsters Korea’s burgeoning offshore wind industry. Among the benefits are efficient and environmentally-conscious local assembly and local job creation to serve the South Korean offshore wind market. Mr Becker says, “We are delighted to enter into this framework agreement with Doosan Enerbility. We are eager to bring our market-leading offshore skills including our unique offshore Direct Drive nacelle technology to South Korea. We will also greatly benefit from Doosan’s deep understanding of the Korean market to accelerate the country’s energy transition. In doing so, the partnership intends to promote local job growth and inward investment while delivering clean, green energy.” “Both of us being companies with our own offshore wind turbine models and solid track record, we aim to cooperate on broadening our participation in the Korean offshore wind power market and actively pursue promotion of the domestic offshore wind power ecosystem,” states Mr Park. He adds, “Through this partnership, Doosan looks forward to boosting its competitiveness across the overall offshore wind power sector through measures, such as the upgrading of existing products and diversification of models.”

Photo – (from left to right) Kasper Yttesen, Siemens Gamesa’s Head of Offshore New Markets; HongOok Park, Doosan Enerbility’s Executive Vice President & CEO of Power Service Business Group; Marc Becker, CEO of Siemens Gamesa’s offshore business; SeungWoo Sohn, Senior Vice President Head of Power Service Sales & Marketing at Doosan Enerbility. Photo courtesy of Siemens Gamesa.