Hexicon has signed a Memorandum of Understanding (MoU) with Busan Techno Park and Renewable Energy Center in Busan in South Korea. Busan Techno Park will develop Hexicon’s floating offshore wind technology for the Korean market.Hexicon with the Korean partner Coens Co Ltd and Busan Techno Park have already received the grant from Korean Business and Energy Agency to investigate how multi-turbine platforms can be adapted to local conditions in Korea. Hexicon provides complete drawings enabling South Korean shipyards to build multi-turbine platforms in series. The technology is patented and makes it possible to upscale it and enable the whole industry to serve the needs of other markets.
