Corio Generation

Corio’s award-winning team is advancing the next-generation of offshore wind projects across ??Europe, ??Asia-Pacific and the ??Americas. We identify and pioneer new projects through development, construction and into operation. We are immensely proud to be helping countries transform their economies with clean, green and reliable offshore wind energy. We have a strong track record of delivery thanks to our: ?? Capability – a world-class team of sector-leading experts. ?? Capital – long-term investment into strategic markets. ??? Scale – rapidly deploying new offshore wind projects. ?? Values – determination to make a positive impact #WeAreCorioGeneration. #offshorewind #windenergy #windsofchange Learn more: https://lnkd.in/grxPqjTg

?? Today we are thrilled to kick off the APAC Wind Energy Summit 2024 in Icheon, South Korea, co-organised by the Global Wind Energy Council (GWEC) and the Korean Wind Energy Industry Association. This event, sponsored by Corio Generation, promises insightful discussions on advancing offshore wind energy in the region that could play a pivotal role in the global energy transition. According to GWEC, the Asia Pacific region possesses some of the most attractive wind resource globally. For offshore wind, more than 122 GW? of new capacity could come online by 2030, with the cumulative regional total reaching 162 GW by 2030. Corio is proud to have our CEO, Jonathan Cole, joining other industry leaders to lead discussions on how nations can seize the opportunities of offshore wind. Our team of experts: Woojin Choi (Head of South Korea), Benoit Lavinal (Head of Procurement), Yi-Hua Lu (Head of APAC), and Alma Roxas-Aguila, MBA (Head of Philippines), will also be speaking at sessions across the three-day conference. ?? As an Event Ambassador sponsor, we are delighted to support this important platform for collaboration and innovation. If you are attending, be sure to stop at our booth to meet the team and learn more about how we are advancing offshore wind across the region. ?? The conference runs until 28 November. ?? Location: Exhibition Hall 1, Booth A25, APAC Wind Energy Summit, Incheon Explore Corio’s project across Asia-Pacific Projects: https://lnkd.in/eeuR3AsB #offshorewind #windenergy #GWECAsia #ActioninAPAC #SouthKorea #APACWindEnergySummit

?? Ahead of the #APACWindEnergySummit, between 26-28 November 2024, we're taking a look at each of the markets in Asia-Pacific where Corio is developing offshore wind projects. Next up, Vietnam ?? Vietnam has a national power plan to reach 6 GW in offshore wind capacity by 2030. Corio has three proposed offshore wind projects totalling 4.5 GW under development in the country. If fully realised, the portfolio of projects is expected to provide enough clean energy for up to 3.6 million homes and help support over 7,000 jobs. The Northern Binh Thuan offshore wind farm could be the first gigawatt-scale offshore wind farm in Binh Thuan province. The project of up to 3 GW was first proposed in 2019 and, since then, Corio has been actively engaging with the provincial authority and relevant central Vietnamese Government ministries and agencies. In March 2024, Corio signed a Memorandum of Understanding (MOU) with a leading supplier of electricity to the Vietnamese power market: Vietnam Electricity (EVN) subsidiary Power Generation Corporation 3. EVN is Vietnam's largest state-owned power company. Find out more about Corio's presence in Vietnam: https://lnkd.in/eBtpQ_Ns #offshorewind #windenergy #GWECAsia #ActioninAPAC

?? Ahead of the #APACWindEnergySummit, between 26-28 November 2024, we're taking a look at each of the markets in Asia-Pacific where Corio is developing offshore wind projects. Next up, Australia ?? The Australian federal government is aiming to reach net zero carbon emissions by 2050. While offshore wind is new to Australia, it is set to play a critical role in the nation’s energy mix. Corio is developing Great Eastern Offshore Wind, a 2.5 GW fixed-bottom offshore wind project, located 24 km off the Wellington Shire coast in central Gippsland, Victoria, in Australia’s first declared offshore wind zone. The Great Eastern Offshore Wind project is one of the largest proposed offshore wind farms developments in the country. Once operational, the project would help meet both the Victorian Government’s offshore wind target, and contribute to the Australian Federal Government’s net zero emission targets by 2050. Corio has built a team of offshore wind and infrastructure specialists on the ground in the state of Victoria. This team has deep experience in delivering offshore wind projects overseas and complex infrastructure projects locally in Victoria. Find out more about Corio's presence in Australia: https://lnkd.in/dwn_6_jk #offshorewind #windenergy #GWECAsia #ActioninAPAC

?? Ahead of the #APACWindEnergySummit, between 26-28 November 2024, we're taking a look at each of the markets in Asia-Pacific where Corio is developing offshore wind projects. Next up, Taiwan ?? Taiwan is one of the largest offshore wind markets in Asia, aiming to deliver an additional 15 GW of offshore wind from 2026 to 2035. As one of the largest offshore wind markets in Asia, Taiwan is aiming to achieve net-zero emissions by 2050. Offshore wind is set to play a significant role in achieving this target. As one of the world’s leading offshore wind developers, Corio Generation is expertly placed to support the energy transition in Taiwan. Our team led the development and construction of two operating offshore wind farms in Taiwan, Formosa 1 and Formosa 2. Today Corio Generation is jointly developing the Formosa 3 project with TotalEnergies in Taiwan, a planned multi-phase offshore wind projectoff the coast of Changhua County on Taiwan’s central-western coast. Find out more about Corio's presence in Taiwan: https://lnkd.in/e4DW8GFy #offshorewind #windenergy #GWECAsia #ActioninAPAC

?? Ahead of the #APACWindEnergySummit, between 26-28 November 2024, we're taking a look at each of the markets in Asia-Pacific where Corio is developing offshore wind projects. Next up, the Philippines ?? The Philippines is looking to reach a target of 35 per cent of renewables in its energy mix by 2030 and 50 per cent by 2040. Corio is aiming to develop up to five offshore wind projects in the Philippines totalling 3 GW. This pipeline comprises 2 GW of fixed-bottom and 1 GW of floating wind projects, located off the coasts of Cavite, Batangas-Mindoro, IIoilo and Guimaras. In July 2024, two of our offshore wind projects received green lane certification from the Philippine Board of Investments. This green lane certification means the projects in Cavite and Guimaras will benefit from expedited processing of permits and licenses. Find out more about Corio's presence in the Philippines: https://lnkd.in/eTKQQiUz #offshorewind #windenergy #GWECAsia #ActioninAPAC

?? Ahead of the APAC Wind Energy Summit next week we're taking a look at each of the markets in Asia-Pacific where Corio is developing offshore wind projects. First up, South Korea, which is hosting the event co-organised by the Global Wind Energy Council (GWEC) and the Korean Wind Energy Industry Association between 26-28 November 2024 ?? South Korea was one of the first countries in Asia-Pacific to adopt a national target to reach carbon neutrality by 2050. Corio has an established local Korean team of industry leading experts developing around 3 GW of offshore wind projects in South Korea across two portfolios: Busan and BadaEnergy. Corio’s Busan portfolio comprises a series of near-shore fixed-bottom offshore wind projects capable of being deployed by 2030. The portfolio aims to supply clean energy to Busan Metropolitan City, a market with heavy electricity consumption and strong grid capacity. The BadaEnergy portfolio, a joint venture of Corio Generation, TotalEnergies and SK ecoplant, plans to develop two fixed-bottom and three floating wind farms off the coast of Ulsan and South Jeolla province. This comprises the Maenggoldo, Geomundo and Gray Whale projects. The 1.5 GW Gray Whale project, comprising three wind farms, is expected to become one of the world’s largest floating offshore wind developments. Check out our South Korea webpage for more information: https://lnkd.in/eHjjuA9r #offshorewind #windenergy #GWECAsia #ActioninAPAC

?? BadaEnergy, Corio Generation’s joint venture with TotalEnergies and SK ecoplant in South Korea, recently joined with other offshore wind developers in Ulsan City to reaffirm our commitment to creating what will be one of the world’s largest floating offshore wind clusters. At a recent Letter of Intent signing ceremony hosted by Ulsan Mayor Kim Doo-gyeom, the city pledged to cooperate with developers to facilitate the smooth development of floating offshore wind farms in the region. Woojin Choi, Head of South Korea for Corio Generation, says: “With an anticipated investment of KRW 12 trillion, the Gray Whale project aims to deliver a 1.5 GW floating wind power facility, marking a major milestone in Korea’s renewable energy landscape and its path toward a green energy future while creating long-term economic value for Ulsan.” Corio is developing 3.2 GW of offshore wind capacity in South Korea through two portfolios: BadaEnergy and Busan. This includes the 1.5 GW Gray Whale floating project off the coast of Ulsan. The Gray Whale project has achieved major milestones recently, including the completion of the Environmental Impact Assessment (EIA) consultation and the signing of a Grid Connection Agreement with Korea Electric Power Corporation (KEPCO) that secures the connection of the entire project to the national grid. ?Visit our webpage for more information about our projects in South Korea: coriogeneration.com #offshorewind #windenergy #SouthKorea

??? The Global Offshore Wind Alliance (GOWA) is a future-focused coalition of governments and leading companies, who share the same high ambition and clear determination for accelerating offshore wind deployment in the energy mix. At COP29 in Baku, Azerbaijan, Corio’s Head of Corporate Affairs, Will Henley, spoke at a specially convened GOWA Ministerial Dialogue hosted at the Global Renewables Hub. “GOWA’s ambition is to achieve at least 380 GW? of offshore wind power globally by 2030. This target can be achieved by industry and the public sector working closely together to help reduce the cost of capital, expand sources of finance and de-risk projects by addressing bottlenecks in permitting, grids and the supply chain,” he says. GOWA was first launched two years ago at COP27 by the Government of Denmark, the International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC). The alliance now comprises some 30 members including national governments and sub-national governments. With national delegations at COP29 working on updating and upgrading their national climate plans – known as Nationally Determined Contributions (NDCS) – attention is firmly focused on how offshore wind can provide a pathway to decarbonisation. This was the perfect time for GOWA to bring together governments to exchange views on the way forward. We were delighted to hear from leading ministers such as Ireland’s Minister for the Environment, Climate and Communications Eamon Ryan, Colombia’s Minister of Mines and Energy Omar Andrés Camacho Morales and Belgium’s Minister of Energy Tinne Van der Straeten among many others. A new NDC Guidance Tool - supported and endorsed by GOWA - was also launched by Ocean Conservancy during COP29. Thank you to the whole GOWA team including GWEC CEO Ben Backwell, Deputy CEO Rebecca Williams, GOWA Interim Head of Secretariat Amisha Patel, IRENA Team lead Simon Benmarraze, and Danish Energy Agency Denmark Director General Kristoffer B?ttzauw. #GOWA #OffshoreWind #RenewableEnergy #ClimateAction #EnergyTransition #3xRE #ClimateChangeMitigation #COP29

?? Register today to attend the #APACWindEnergySummit to explore how countries across Asia-Pacific are embracing offshore wind power to provide clean, secure and affordable electricity for their fast-growing economies. Our CEO Jonathan Cole leads a stellar line-up at this year’s Summit in Icheon, South Korea, looking at how countries can best take advantage of the opportunity of harnessing offshore wind energy. The summit is co-organised by the Global Wind Energy Council (GWEC) and the Korean Wind Energy Industry Association between 26-28 November 2024. ?? Corio is proud to be an Event Ambassador sponsor, with Woojin Choi (Head of South Korea, Corio Generation), Benoit Lavinal (Head of Procurement, Corio Generation) and Yi-Hua Lu (Head of APAC, Corio Generation) also speaking at sessions across the two-day conference. Must-see sessions that Corio will participate in are listed below ?? ?? 26 November ?11:15am | Jonathan Cole, CEO, Corio Generation | REnewable eXperts Session: Leading Industry CEOs on Action in APAC ?12:45pm | Woojin Choi, Head of South Korea, Corio Generation | Knowledge Theatre session: Offshore wind as a springboard for the global hub city of Busan ?2pm | Benoit Lavinal, Head of Procurement, Corio Generation | Industrialising the Supply Chain to Unlocking Bottlenecks to Increase Value and Scalability ?4:30pm | Yi-Hua Lu, Head of APAC, Corio Generation | Spotlight on Emerging OSW markets: Australia, Vietnam, Philippines, India, and Sri Lanka ?? 27 November ?9:45am | Woojin Choi, Head of South Korea, Corio Generation | Turbocharging offshore wind in Korea ?3:30pm | Yi-Hua Lu, Head of APAC, Corio Generation | Innovative Support Mechanisms for Renewable Energy Project Development Explore Corio’s project across Asia-Pacific Projects: https://lnkd.in/eeuR3AsB #offshorewind #windenergy #GWECAsia #ActioninAPAC