Unison Wins 100 Billion Won Gochang Offshore Wind Power Project... Accelerates Expansion into Offshore Wind Business

Unison, a specialist in wind turbines, is accelerating its entry into the offshore wind power market after securing a supply contract for offshore wind turbines worth approximately 100 billion won.

On the 27th, Unison announced that it had formed a consortium with POSCO E&C and signed an EPC contract for the Gochang Offshore Wind Power Project, which was commissioned by Dongchon Wind Power.

The Gochang Offshore Wind Power Project is a development to build an offshore wind farm with a total capacity of 76.2 megawatts (MW) off the coasts of Sangha-myeon and Haeri-myeon in Gochang-gun, Jeollabuk-do. Under this project, Unison will supply twelve 6.35 MW-class wind turbines.

The total EPC contract is valued at 297.38 billion won, of which Unison’s share amounts to 99.287 billion won. This figure is approximately 246% of Unison’s sales last year. The contract period runs from August 26, 2026, to June 18, 2030.

With this contract, Unison is expected to expand its supply performance in the offshore wind power sector. The company will be responsible for supplying the wind turbines, while POSCO E&C will undertake the offshore and onshore construction, following a divided performance model. Payments will be made according to project milestones such as delivery of major equipment and completion of commissioning.

Unison plans to use this project to accumulate supply track records and project execution experience in offshore wind power. Based on this, the company aims to increase its participation in future domestic offshore wind projects and build a business foundation encompassing both onshore and offshore wind power.

In particular, as this contract exceeds last year’s sales by a large margin, the company expects it will have a positive impact on future performance growth.

A representative of Unison stated, “In order to expand the business experience and foundation we have built in onshore wind power into the offshore sector, it is important to continuously join various projects and accumulate supply track records and execution experience.”

They added, “We will carry out the Gochang Offshore Wind Power Project flawlessly to pave the way for entry into the offshore wind market. Building on this, we will actively participate in various offshore wind projects currently under discussion, including the Hanbit Offshore Wind Power Project for which we bid in July, in order to grow into a leader in the domestic offshore wind power market.”

This content was produced with the assistance of AI translation services.