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FireFly Floating Wind Farm Project
The Firefly Floating Wind Farm Project, under development by Equinor South Korea, is part of the Ulsan floating offshore wind project. A memorandum of understanding was signed between Equinor and Ulsan City in May 2019, entailing the two 75 square kilometer areas 800 MW wind farm offshore of Ulsan. The wind farm will include  “Wind Semis” as the floating structure, characterized by a semi-submersible foundation allowing for the floatation of the turbines compared to bottom-fixed turbines.

Two LiDAR buoys were placed in the East Sea of Ulsan serving to collect measurements of wind and wave for a year in 2020 to investigate the possibility of the development and construction of the wind farm in the coat of Uldan. This was followed after the signing of MoU between the Ulsan and Equinor. The goal expected to be met by the creation of these wind farms is to increase South Korea’s renewable energy by 30 times by the year  2035.

Data was collected for the Environmental Impact Assessment (EIA)  starting in December 2021 for a period of 12 months. This data includes data on marine animals, fish, seawater, and the quality of sediment among other data to note any potential impacts that can be caused by the building and running of the Firefly wind farms. The report was completed at the beginning of the year 2022.

Technip Energies was selected in April of 2022 to conduct a Front-End Engineering Design, or FEED,  of the wind turbines for the floating project Technip Energies plants to include the use of their INO15™ technology, with a 15 MG capacity. A Denmark-based company, COWI, has been appointed as Owner’s Engineer by Equinor in November 2022 for the Firefly wind project. This will include management and engineering services to Equinor. The contract will continue for the period of the Firefly offshore wind project.

The review was also selected in early 2022 for the task of surveying and mapping the subsea geophysical of the wind site. As of December 5, 2022, Geoview has completed the surveying for marine geophysical exploration in Ulsan through the use of its marine vessel Geoview No 1.

1.5 Gray Whale Portfolio
As of September 6, 2022, Corio Generation and TotalEnergies joined SK Ecoplant to expand the BadaEnergy in the provinces of South Jeolla and the coasts of Ulsan. The BadaEnergy will include the addition of 2GW wind farms, both floating and fixed bottom off-shore. This also consists of the Gray Whale 1.5 GW three-phase Project floating project, which is anticipated to be the most extensive floating offshore provision. Among the other projects obtained through the stake are the 500 MW Jindo and 500 MW Geomundo. The partnership is expected to create jobs for the country and supply green energy at a competitive price through the development of 504 MW wind farms. This wind farm is to be South Korea’s first commercial floating farm.

With this partnership, SK Ecoplant will assist its partners with organizing, licensing, and construction[1]. Of the BadaEnergy portfolio, four of the five projects have received electric business licenses (EBLs) from the Ministry of Trade, Industry, and Energy's Electricity Regulatory Commission[2]. This license requires the project's completion of the commissioning of electrical installation and generation business within the period stated within the permit. With the development rights of the majority of the projects obtained the partners are advancing the first commercial operation day by 2027.