24-27, September, 2024 - Hamburg, Germany (Wind Energy Hamburg 2024 exhibition)
- Attendees : HOIIN JUNG / CEO
- Date : September 24-27 , 2024
- Location: Hamburg, Germany (Wind Energy Hamburg 2024 exhibition)
1. Exhibition Overview
Wind Energy Hamburg 2024 is the world’s largest exhibition dedicated to the wind energy industry, showcasing cutting-edge technologies for both offshore and onshore wind power. Major companies from around the world participated, presenting innovative solutions for sustainable energy transition. This exhibition provided a valuable opportunity for HJTND to gather essential information and network as it seeks to enter the global wind energy market.
2. Key Exhibits and Meeting Outcomes
- Strengthening the Partnership with ENABL
- HJTND established a strategic technology partnership with ENABL in 2023, laying the groundwork for entering the wind energy market. At this exhibition, we reinforced our collaboration by participating in ENABL’s booth. ENABL, a Danish company, is a global leader in providing equipment for wind turbine installation and maintenance, especially in offshore wind farms.
- Meetings with Major Wind Energy Companies
- HJTND held meetings with key companies in the wind energy sector, such as Siemens Gamesa, Vestas, and GE Renewable Energy. These companies expressed strong interest in HJTND's heavy-duty lifting devices, which are essential for the installation and maintenance of large offshore wind turbines. Our technology is seen as crucial for the safe and efficient installation of turbines in offshore wind farms.
3. Current Status and Outlook of the Korean Wind Energy Industry
Korea is actively pursuing renewable energy expansion strategies, with offshore wind energy and floating offshore wind farms taking center stage in the country’s effort to achieve carbon neutrality by 2050.
The floating offshore wind farm project off the coast of Ulsan is one of the world’s most anticipated large-scale offshore wind projects, aiming to generate 6GW of electricity by 2030. This project utilizes floating structures, allowing wind turbines to be installed in deep waters where wind speeds are higher and more consistent.
Key Technical Features of the Ulsan Floating Offshore Wind Farm
- Floating Structures: Unlike fixed-bottom turbines, floating wind turbines are anchored to the seabed but float on the water's surface, enabling deployment in deep waters.
- Turbine and Tower Installation: Offshore installation is complex and requires heavy-duty equipment to ensure precision and safety.
- Blade and Turbine Loading: Large blades and turbines need to be securely loaded onto the floating structures, demanding advanced lifting technology.
4. HJTND’s Strategy for Entering the Wind Energy Market
With 30 years of experience in heavy-duty lifting devices and expertise in the shipbuilding industry, HJTND is well-positioned to make a significant impact in the wind energy market. The demand for heavy-duty lifting and installation technology is expected to rise sharply, especially in floating offshore wind projects, and HJTND plans to capitalize on this through the following strategies:
Phase 1: Technology Development and Product Diversification
- Development of Specialized Lifting Devices for Floating Offshore Wind Farms
- We will develop new lifting equipment tailored to the needs of the Ulsan floating offshore wind farm project. This equipment will ensure precise and safe installation of large turbines, blades, and towers in offshore environments.
- Leveraging our extensive experience in handling and installing heavy loads in the shipbuilding sector, we will design and supply equipment suited to the harsh conditions of offshore wind farm installations.
- Additionally, we will develop hydraulic systems and specialized lifting solutions to enhance safety and efficiency in offshore wind turbine installations.
Phase 2: Market Entry and Localization
- Participation in Domestic and Global Offshore Wind Projects
- Our initial focus will be on supplying equipment for domestic projects like the Ulsan floating wind farm, strengthening our foothold in the Korean market. Following this, we will aim to expand into global markets, including Europe and North America.
- By forming local partnerships and strategic technology alliances, we plan to actively participate in major global offshore wind projects.
Phase 3: Strengthening Collaboration with ENABL
- Integrating ENABL’s Advanced Technology
- ENABL possesses cutting-edge equipment for wind turbine installation, and by leveraging our partnership, we can offer customized solutions for the Korean offshore wind market. Utilizing ENABL’s extensive network in the European and global wind energy markets, we will expand the reach of HJTND’s equipment to international projects.
- We aim to combine ENABL’s offshore installation expertise with HJTND’s lifting technology to develop high-value-added products for the global market.
Step 4: Enhancing Technology and Brand Value
- Strengthening the global brand value of HJTND
We will continue to develop and supply proven, reliable equipment critical for floating offshore wind farm projects. This will ensure our competitive edge in global markets and strengthen our brand’s value as a trusted supplier in the wind energy industry.
5. Conclusion
The Wind Energy Hamburg 2024 exhibition served as a crucial stepping stone for HJTND’s entry into the wind energy market, particularly in identifying opportunities to contribute to large-scale projects like the Ulsan floating offshore wind farm. We have confirmed the potential for our heavy-duty lifting devices to play a vital role in this emerging market.
By strengthening our partnership with ENABL and continuously developing advanced technology, HJTND is poised to establish itself as a key player in the global wind energy industry.
24-27, September, 2024 - Hamburg, Germany (Wind Energy Hamburg 2024 exhibition)
1. Exhibition Overview
Wind Energy Hamburg 2024 is the world’s largest exhibition dedicated to the wind energy industry, showcasing cutting-edge technologies for both offshore and onshore wind power. Major companies from around the world participated, presenting innovative solutions for sustainable energy transition. This exhibition provided a valuable opportunity for HJTND to gather essential information and network as it seeks to enter the global wind energy market.
2. Key Exhibits and Meeting Outcomes
3. Current Status and Outlook of the Korean Wind Energy Industry
Korea is actively pursuing renewable energy expansion strategies, with offshore wind energy and floating offshore wind farms taking center stage in the country’s effort to achieve carbon neutrality by 2050.
The floating offshore wind farm project off the coast of Ulsan is one of the world’s most anticipated large-scale offshore wind projects, aiming to generate 6GW of electricity by 2030. This project utilizes floating structures, allowing wind turbines to be installed in deep waters where wind speeds are higher and more consistent.
Key Technical Features of the Ulsan Floating Offshore Wind Farm
4. HJTND’s Strategy for Entering the Wind Energy Market
With 30 years of experience in heavy-duty lifting devices and expertise in the shipbuilding industry, HJTND is well-positioned to make a significant impact in the wind energy market. The demand for heavy-duty lifting and installation technology is expected to rise sharply, especially in floating offshore wind projects, and HJTND plans to capitalize on this through the following strategies:
Phase 1: Technology Development and Product Diversification
Phase 2: Market Entry and Localization
Phase 3: Strengthening Collaboration with ENABL
Step 4: Enhancing Technology and Brand Value
We will continue to develop and supply proven, reliable equipment critical for floating offshore wind farm projects. This will ensure our competitive edge in global markets and strengthen our brand’s value as a trusted supplier in the wind energy industry.
5. Conclusion
The Wind Energy Hamburg 2024 exhibition served as a crucial stepping stone for HJTND’s entry into the wind energy market, particularly in identifying opportunities to contribute to large-scale projects like the Ulsan floating offshore wind farm. We have confirmed the potential for our heavy-duty lifting devices to play a vital role in this emerging market.
By strengthening our partnership with ENABL and continuously developing advanced technology, HJTND is poised to establish itself as a key player in the global wind energy industry.