LS Cable & System and Equinor Bandibuli/Firefly Partnership
South Korea’s LS Cable & System (LS Cable) signed a memorandum of understanding (MoU) with Norway-based Equinor for the 750 MW Bandibuli/Firefly floating offshore wind project. The partnership supports South Korea’s offshore wind targets and also strengthens both companies’ roles in global renewables.
Learn more about LS Cable & System at https://www.lscns.co.kr and explore Equinor’s offshore wind portfolio at https://www.equinor.com.
Details of the Bandibuli/Firefly Floating Offshore Wind Project
The Bandibuli/Firefly project aims to deliver up to 750 MW of floating offshore wind capacity by 2030. Developers plan the wind farm about 70 km off the coast of Ulsan, where deeper waters make floating technology especially suitable.
Moreover, Bandibuli ranks among South Korea’s first large-scale floating offshore wind projects. It therefore plays a key role in accelerating the country’s energy transition and expanding its offshore wind supply chain.
BIXPO 2024 MoU Signing and LS Cable’s Dynamic Cable Capability
LS Cable & System and Equinor signed the MoU during BIXPO 2024 at the Kim Dae-jung Convention Centre in Gwangju. The event brought together energy and technology leaders to showcase innovation in power and renewables.
LS Cable & System developed South Korea’s first dynamic submarine cable for floating offshore wind, positioning the company as a key supplier for dynamic export and array cable systems. This expertise aligns closely with the technical needs of the Bandibuli/Firefly project.
Grid Connection and Turbine Technology
The Bandibuli/Firefly floating offshore wind farm recently entered into a Transmission Service Agreement with Korea Electric Power Corporation (KEPCO), securing a path for grid connection. This agreement supports long‑term delivery of clean power into South Korea’s electricity network.
The project also plans to deploy Siemens Gamesa 15 MW wind turbines under an agreement signed in October. These large‑capacity turbines will help maximize energy output and improve project economics for the 750 MW development.