South Korean Companies Move Toward Wind-Turbine Structure Development

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Researched by Industrial Info Resources (Sugar Land, Texas)--South Korea is aiming to raise its proportion of renewable energy to more than 50% by 2050 from its current 6.5%. Manufacturers of steel structures for wind turbines are heeding the call and developing projects.

Samkang M&T Company Limited (Goseong, South Korea), for example, plans to kick off construction of a manufacturing plant for offshore wind turbine structures next year. The facility will have a production capacity of 650,000 tons per year of structural pipe and is expected to be completed in the summer of 2024. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can click here for more information.

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