Photograph) Koo Bon-gyu, CEO of LS Cable & System/LS Marine Solution (left), and Jeong Gwang-jin, CEO of Taean Wind Power Co., Ltd., take a commemorative photo at the ceremony for selecting the preferred bidder for the Taean Offshore Wind Power Submarine Cable Project held at the Vena Energy Korea office in Jung-gu, Seoul, on the 21st.


■ To lead offshore wind power market with integrated solution for submarine cable supply and construction
■ To strengthen market competitiveness based on global corporate cooperation and technological prowess
■ To preempt global market based on strengthened competitiveness of Korea's offshore wind power industry 


LS Cable & System and LS Marine Solution announced on the 21st that they were selected as the preferred bidder for the supply of submarine cables for the Taean Offshore Wind Power Plant in South Chungcheong Province.

Taean Offshore Wind Power Plant is a large-scale offshore wind farm with a capacity of approximately 500 MW being built off the coast of Geunheung-myeon, Taean-gun, South Chungcheong Province by Vena Energy, a Singapore-based renewable energy company. The project is targeted for completion in 2029.

LS Cable will supply submarine cables and LS Marine Solution will take charge of construction, with the two companies providing an integrated solution encompassing design, production, and construction to maximize the efficiency and stability of the project.

LS Cable & System and LS Marine Solution demonstrate differentiated competitiveness in the offshore wind power market by providing one-stop solutions from design to construction based on their accumulated global experience and technological capabilities, which have been proven in the longest submarine cable construction project in Korea.

An official from LS Cable said, “We will provide a perfect integrated solution through cooperation with LS Marine Solution, and based on our unrivaled technology, we will contribute to the development of Korea’s offshore wind power industry and dominate the global market.”

The government recently announced a bidding plan for a total of 7-8 GW of offshore wind power projects by 2026. In line with this, LS Cable & System is strengthening cooperation with global offshore wind power developers, and continues to take a leading role in the domestic offshore wind power market.

“LS Cable & System's excellent technology and proven track record will serve as an important foundation for the successful implementation of the Taean Offshore Wind Power Project,” said Jeong Gwang-jin, CEO of Taean Wind Power Co., Ltd. “We will successfully carry out the project based on the highest level of quality.”

Vena Energy, one of Taean Wind Power Co., Ltd.’s major investors, is a global renewable energy company in the Asia-Pacific region that is leading the data center and green hydrogen and ammonia market as well as the transition to sustainable energy such as solar and wind power and battery storage systems. The company currently has 17 GW of offshore wind power generation pipelines in Korea, Japan, Taiwan, Australia and the Philippines.