Page 10 - AsiaElec Week 02 2022
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AsiaElec                                      RENEWABLES                                             AsiaElec




       DNV to certify wind





       turbines in South Korea





                         THE Korean Energy Agency (KEA) has selected  wind energy market like Korea are creating an
        SOUTH KOREA      independent energy expert and assurance pro-  increased need for extended risk management
                         vider DNV to deliver Type Certification services  via globally recognised certification standards,”
                         for wind turbines at Korean wind farm projects.  said Kim Sandgaard-Mørk, executive vice-pres-
                           The certification will be granted according to  ident for renewables certification at DNV.
                         Korean standards and the international certifi-  “Together with our local certification team
                         cation scheme IEC, DNV said. This DNV ser-  headed by Young Min Paik, renewable certifi-
                         vice will result in a convenient and cost-effective  cation director Korea, DNV is now enabled to
                         process for manufacturers around the world to  work more closely with KEA and its customers
                         achieve certification for wind turbines selected  throughout the wind turbine certification pro-
                         for Korean wind farm projects.       cess, creating trust among stakeholders and ena-
                           In its latest Energy Transition Outlook Report  bling a safe and reliable growth of wind energy in
                         (ETO), DNV forecasts significant scaling of  South Korea.”
                         global installed offshore wind capacity, from 29   Brice Le Gallo, regional director for Asia-Pa-
                         GW in 2019 to 1,748 GW in 2050. South Korea  cific at DNV, noted: “As wind parks will increas-
                         has plans to increase its wind energy capacity in  ingly be erected offshore, in greater water depths,
                         order to realise its commitment to climate neu-  harsh climates and remote locations, we observe
                         trality in 2050.                     that wind farm developers are also increasingly
                           According to the Global Wind Energy Coun-  insisting on certification as a key risk mitigation
                         cil (GWEC), Korea is targeting 9.2 GW of wind  measure in the technical due diligence process.”
                         power by 2025 and 16 GW by 2030, of which   DNV has been present in Korea since the
                         12 GW will comprise offshore wind. The gov-  1970s. Currently more than 300 experts in five
                         ernment has recently announced plans to build  cities provide assurance, classification and risk
                         an 8.2-GW offshore wind facility, which could  management services to customers across dif-
                         become the world’s largest.          ferent sectors, including the energy, oil & gas,
                           “Those ambitious targets in an emerging  offshore and maritime industries.™

      NHPC, GEDCOL to develop floating





      solar projects in India






       INDIA            INDIAN hydropower producer NHPC Ltd and  hold a controlling stake of 74%, and GEDCOL
                        the Green Energy Development Corporation of  the remaining 26%. This follows a memorandum
                        Odisha Ltd (GEDCOL) have signed an agree-  of understanding (MoU) signed by the compa-
                        ment to develop 500 MW of floating solar pro-  nies in July 2020.
                        jects in the state of Odisha.          The JV will have at least four directors on its
                          The companies will set up a joint venture (JV)  board and not more than 15 with a ratio in pro-
                        to implement projects on different water bodies  portion to equity participation, subject to a mini-
                        in the state. In the first stage, they will deploy 300  mum of one director by each of the parties. In the
                        MW of capacity in the reservoir of Rengali H.E.  case of a minimum four directors, three will be
                        project.                             from NHPC and one from GEDCOL. Its CEO
                          The JV will be launched with an authorised  and chief financial officer will be from NHPC for
                        share capital of INR5bn ($67.3mn). NHPC will  effective management.™









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