PARIS - French energy group Total and Macquarie's Green Investment Group have concluded a partnership to develop five large floating offshore wind projects in South Korea, said Total on Tuesday.

The wind projects have a potential cumulated capacity of more than 2 gigawatts (GW), and Total and Macquarie aim to launch construction of the first project of around 500 megawatts by end 2023.

"Our entry in the floating offshore wind segment in South Korea is in line with Total’s strategy to profitably develop renewable energy worldwide and contribute to our net zero ambition," said Total Chairman and CEO Patrick Pouyanné.

(Reporting by Sudip Kar-Gupta; Editing by Kim Coghill) ((sudip.kargupta@thomsonreuters.com; +33 1 49 49 53 84;))