Graphic of the KTEC tidal site (courtesy of KIOST)
Graphic of the KTEC tidal site (courtesy of KIOST)

From European Marine Energy Centre (EMEC) in Orkney:

The Korea Institute of Ocean Science and Technology (KIOST) has contracted the European Marine Energy Centre (EMEC) to support the development of its tidal energy test site at Jang-Juk Strait near Jindo Island, Korea. The signed agreement strengthens the relationship between the two organisations, and sees EMEC use its experience and knowledge as a tidal test site operator to advance the Korean test site development. KIOST are developing a grid-connected tidal energy test site development on the Jang-Juk Strait in the southwestern sea of Korea. The Korea Tidal Current Energy Centre (K-TEC) site, which will have a 4.5 MW grid capacity, is expected to be operational by 2022. Having managed the design, build and operation of its four marine test facilities over the last seventeen years in Orkney, EMEC have been contracted to deliver technical support to KIOST.

http://www.emec.org.uk/emec-supports-kiost-tidal-test-site-in-korea/

Funding for EMEC:

To date, around £34 million of public funding has been invested in the Centre by the Scottish GovernmentHighlands and Islands EnterpriseThe Carbon Trust, UK Government, Scottish Enterprise, the European Union and Orkney Islands Council.

http://www.emec.org.uk/about-us/funders/#:~:text=To%20date%2C%20around%20%C2%A334,Union%20and%20Orkney%20Islands%20Council.