News & Events

News & Events

News & Events

G8 and Holim Tech Korea Enters Agreement to Jointly Develop 1.5GW Offshore Wind Project

Jan 03,2022



G8 and Holim Tech Korea Enters Agreement to Jointly Develop  1.5GW Offshore Wind Project with Next Generation Energy Storage  in South Korea


Windfarm poster 001


Singapore–January 4, 2022 The management of G8 and Holim Tech have entered into an agreement to develop 1.5GW of offshore wind in South Korea to power 500,000 homes and businesses with renewable energy. The overall power plant will be paired with the next generation ultra long life Lithium Ion energy storage system to provide stable and high quality power management to the grid.


G8 management and key members of Holim Tech inspected the construction site and coastal facilities for the deployment of wind turbines in November 2021, followed by the official signing ceremony of the 1.5GW project on 24 December 2021.


The wind power plant will feature an advance energy storage system (ESS) with next generation ultra stable lithium ion batteries from G8’s technology partner 3DOM to ensure optimum stabilization and energy management to the grid.  It is also planned that the high voltage subsea power cables shall be installed with G8’s precision cable lay and protection technologies to ensure the maximum long term security of the power connection to the grid. The facilities and offshore turbine structures specified shall utilize global leading standards while supporting the local construction and marine industries.


“We are pleased to initiate the commercial execution of this significant project after detailed evaluation and planning, with local authority permission to proceed. The construction and operations of our turbine plant here will also contribute to future job creation.” Pascal Cheon, G8 Korea’s COO commented.






About G8

G8 develops and constructs renewable energy projects across the globe. Headquartered in Singapore, the group presently has over 3GW of renewable energy and subsea transmission projects under development in Asia as of December 2021. G8 is ranked as Asia’s leading subsea engineering solutions provider with proprietary subsea engineering technologies to accelerate offshore wind farms and large-scale floating solar developments across the region. The company is also in collaboration with leading battery technology company 3DOM of Japan to develop world leading utility scale energy storage solutions to renewable energy systems.



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