LS Cable & System and LS Marine Solutions have signed a memorandum of understanding (MOU) with British marine engineering company Balmoral Comtec for collaboration on a floating offshore wind power project.

A press release said that Balmoral Comtec is an energy company “with the world’s best technology in building cable protection systems, buoyancy solutions, and submarine infrastructure for the offshore wind power and marine energy industries.”

LS Cable & System notes that it is the first South Korean company to develop a dynamic cable for floating offshore wind power that operates stably even in harsh marine environments. “Under this partnership, we aim to collaborate with Balmoral Comtec to build a safe operation system for floating offshore wind power cables, optimized for extreme marine conditions.”

LS Marine Solutions Co. will support the collaboration by enhancing the installation and operational efficiency of the cables and ensuring stable maintenance. “While the floating offshore wind projects currently account for only about 1% of the market, it is expected to grow rapidly,” the release said. “We will lead the market by driving continuous technology advancements and global cooperation.”