Vestas Secures Substantial 43 MW Wind Turbine Contract in South Korea as Wind Symbols of Clean Energy Growth

LiquidationSurvivor · 2026-01-04T15:31:56+00:00

Vestas Wind Systems A/S secured a contract with DaeMyoung Energy Co., Ltd. for a 43 MW wind project in South Korea, featuring seven turbines. The project will be delivered in 2027 with maintenance for 20 years, showcasing Vestas' growth in the APAC wind energy sector.

LiquidationSurvivor

2026-01-04 15:31:56

Abstract generation in progress

Vestas Wind Systems A/S has announced a significant new turbine deployment agreement in South Korea through its Asia Pacific division, securing a contract from DaeMyoung Energy Co., Ltd. for a renewable energy initiative. The Gokseong Green Wind Power Project will be equipped with seven V162-6.2 MW wind turbine units, representing a combined capacity of 43 megawatts. This contract signals continued momentum in the region’s wind energy sector and has been counted within the company’s fourth-quarter order intake figures.

Project Timeline and Service Framework

The project follows a phased implementation schedule, with physical delivery of the turbines anticipated in 2027, followed by full commissioning in 2028. Beyond the initial installation, Vestas has secured a comprehensive two-decade partnership through a 20-year AOM5000 maintenance and operations service agreement. This long-term commitment underscores the expanding role of wind symbols in Asia Pacific’s energy transition strategy.

Market Response and Regional Significance

The contract represents another milestone for Vestas’ expanding footprint across the APAC region. Market participants responded positively, with Vestas Wind Systems shares climbing 1.67% to DKK 173.75 on the Copenhagen Stock Exchange. Meanwhile, DaeMyoung Energy shares adjusted 2.36% downward, closing at KRW 19,000 on the Kosdaq exchange. The agreement reinforces how wind energy infrastructure continues to serve as a key symbol of corporate commitments to sustainable power generation in rapidly developing Asian markets.

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