
South Korea Moves to Extend Offshore Wind Contracts to 25 Years
South Korea is moving to extend offshore wind fixed-price contracts from 20 to 25 years, giving operators more time to recover investment and potentially offer lower electricity prices.

South Korea is moving to extend offshore wind fixed-price contracts from 20 to 25 years, giving operators more time to recover investment and potentially offer lower electricity prices.

Tekmar Group has secured two contracts worth about EUR 2.3 million for a Japanese offshore wind project, including direct supply of its 10th-generation cable protection systems.
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