Cathie Associates and Blue Wind Sign South Korea OW Deal
Cathie Associates has signed a Memorandum of Understanding (MoU) with Blue Wind Engineering (BWE) to cooperate on expanding within the offshore wind industry in South Korea.
According to Robin Comrie, Co-Managing Director of Cathie Associates, the company hopes to play a role in the growth of offshore wind in the region as South Korea aims to triple the share of renewables in its power mix by 2030.
The two parties have previously worked together on a project in the subsea power cable market and thus want to continue to share knowledge benefitting both companies, Cathie Associates said.
“Offshore Wind in South Korea is set to grow and it is a key market for us,” said Robin Comrie, Co-Managing Director of Cathie Associates.
“We are happy to have partnered with BWE as this provides us with a unique opportunity to bring our 40GW of offshore wind engineering expertise to South Korea. Having previously worked with BWE, we know that both companies are focussed on providing innovative, high value and cost-effective solutions to South Korean clients.”
Blue Wind Engineering was established to contribute to the development of wind power industry in South Korea, offering services ranging from the design of wind farms to the design and certification support of wind power components, production and construction.
The company signed a MoU with the UK-based engineering consultancy AgileTek in September 2018 to cooperate on offshore wind in the country.