ORSTED WILL WORK WITH SOUTH KOREAN STEEL GIANT

Highlights:

• Orsted, energy firm Denmark, has signed a memorandum of understanding (MoU) with South Korean steel giant POSCO to focus on offshore wind and renewable hydrogen.
• Major steel producer POSCO and its affiliates would support the development of offshore wind projects.
• Orsted is planning to develop 1.6 gigawatts (GW) of offshore wind in the area.

Denmark’s ....