South Korea’s H1 2026 offshore wind auction has drawn strong competition, with bidding closing on 12 May for a round offering 1.8 GW of capacity.
Nine projects submitted bids, representing a combined 3.6 GW. That is twice the available capacity. The 1.8 GW tender volume is divided into three tracks: 1 GW for general fixed-bottom projects, 400 MW for publicly led developments, and 400 MW for floating wind.
Copenhagen Infrastructure Partners was the most active bidder, entering four proposals. Its submissions cover the Haesong 1 and Haesong 3 fixed-bottom arrays off the west coast, as well as the Haewoori 2 and Haewoori 3 floating wind projects in the Ulsan cluster off the east coast.
The floating wind track also includes bids from OW Ocean Winds, Kumyang Electric Co., and for the 375 MW East Blue Power phase of the KF Wind project.
The evaluation gives equal weight to price and non-price criteria. Industrial contribution, grid readiness, and community acceptance are among the factors that will affect the result. Winners are expected next month.
The auction supports South Korea’s offshore wind target of 18.3 GW by 2030. It also forms part of a wider tender schedule covering 7 GW to 8 GW across three rounds between H2 2024 and H1 2026.
