![GE and Hyundai Electric form a partnership to manufacture offshore wind turbines in South Korea GE and Hyundai Electric form a partnership to manufacture offshore wind turbines in South Korea](/images/stories/News/News2022/GE_and_Hyundai_Electric_form_a_partnership_to_manufacture_offshore_wind_turbines_in_South_Korea.jpg)
GE Renewable Energy will bring its offshore expertise and the Haliade-X technology, and Hyundai Electric will bring its local expertise in Korean market knowledge and electrical equipment. A Memorandum of Understanding signed by the two companies outlines initial plans for the establishment of a nacelle assembly factory in South Korea for assembling HaliadeX turbines. The detailed timeline of any industrial development will depend on the volume of customers’ orders and the specific project timing.