- GIG and Total are developing a 500MW floating offshore wind project near Maenggoldo in Jindo-gun, South Jeolla Province. 

- GIG and Total executed the agreement to fully communicate with stakeholders from the early stage of the offshore wind project development.

- The purpose of the agreement is to stipulate in detail how to cooperative and co-prosper with local residents and fishermen.

 

(April 13, 2021) – Green Investment Group (GIG) and Total signed a cooperative agreement with Maenggoldo Villagers Committee (“Committee”) on April 8 to develop a 500MW offshore wind project near Maenggoldo in Jindo-gun, South Jeolla Province.

 

GIG, a global leading green energy development and investment company, and Total, a broad energy company, are promoting a 500MW offshore wind project in the southwest sea of Maenggoldo in Jindo-gun.

 

GIG and Total (Maenggoldo Offshore Wind Power Co., Ltd.) announced that they executed the agreement to fully communicate with the Committee, the relevant stakeholder, from the very beginning stage of the development. The agreement aims to specifically define the cooperation methodology to develop an offshore wind project that can co-exist with the fisheries.

 

Lim Cheon-dong, the chairperson of the Maenggoldo Villagers Committee, said “We launched the committee to deliver the opinions of the residents’ of Maenggoldo to the offshore wind developer and actively participate in the development from the initial stage.

 

GIG and Total are developing floating offshore wind projects with a total 2.5GW capacity, 1.0GW which in South Jeolla Province and 1.5GW in Ulsan. Through the floating offshore wind projects in Korea, GIG and Total plan to revive the country’s stagnant shipbuilding and marine plant industry and contribute to job creation by closely engage with Korean shipyards, heavy industry companies, and associated small and medium-sized enterprises that possess a competitive edge globally. 

 

Photo 1) GIG and Total (Maenggoldo Offshore Wind Power Co., Ltd.) signed a cooperative agreement with Maenggoldo Villagers Committee.

Photo 2) GIG and Total (Maenggoldo Offshore Wind Power Co., Ltd.) signed a cooperative agreement with Maenggoldo Villagers Committee.