Ulsan City in South Korea has officially launched a major new project to build the world’s largest floating offshore wind farm.
The project, announced on November 5, will have four floating wind farms with a total capacity of 6.2 gigawatts (GW), almost equivalent to the power of six nuclear reactors.
The total investment in the project is expected to exceed $26.5 billion, with international and domestic companies collaborating to make it happen.
The companies involved are...