Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

37226

K2 Management supports final phase of Vietnam renewable energy project

RELATED TOPICS​

K2 Management (K2M), a leading renewable energy engineering and project management consultancy, has worked as owner’s engineer on the final phase of a vast renewable energy project in Vietnam, which has incorporated the development of the country’s largest salt production facility, powered by wind and solar.

Commercial operation has begun at the 22-turbine wind farm in Ninh Thuan, a joint venture between AC Energy and BIM Group.

Completion of this particular onshore wind project is the final milestone of a significant technical challenge to build a wind farm in a salt production hub, covering an area of 2,500 hectares. The wind farm is now providing power to the salt facilities and the grid, powering thousands of homes.

It will produce 327 gigawatt hours per year once fully operational, enough to power around 50,000 homes and avoid 298,551 tons of carbon dioxide (CO2) consumption annually.

K2M provided its wind development expertise to the project, working for two years towards end-to-end delivery, providing owner’s engineer services that saw its teams assist in technical specifications, multi-contract negotiation, wind assessment, design reviews, bankable reporting, and construction follow-up.

As part of the project, K2M – which was able to draw on the company’s wider expertise in Europe together with local Vietnamese specialists – issued 800 technical notes and memos, managed four contractors and up to 600 staff who were working on site.

Patrick Architta, President – Asia Pacific, K2 Management, says: “We are thrilled to have been able to play such an important role in the development of this particular wind project, and to have had the chance to add value through our end-to-end owner’s engineer services. K2 Management worked on a design, a layout and construction methodology adapted to the complicated sea salt aggression in respecting the environment of the natural existing salt farms.

“After the success of the Dam Nai wind farm project, two years ago, in the same region, in the middle of rice fields, K2 Management has shown precisely what renewable energy can achieve in transforming regions and decarbonising industry.

“These power assets will not only provide green power to thousands of homes, but will also preserve natural sea salt and rice production, two industries that are vital to local economies in Vietnam, and decarbonising them is a huge step forward.

“It shows that with strong vision, a clear technical plan and outstanding delivery, co-located wind and solar farms can provide clean energy to homes and businesses – securing the long-term health and prosperity of local people and the planet.”

Latest News

MSCI has launched MSCI AI Portfolio Insights, writing that it combines generative artificial intelligence “GenAI”..
The Capgemini Research Institute’s World Wealth Report 2024, published today, reveals the number of high-net-worth..
New research from cloud security firm Zscaler reports a disconnect between European company confidence in..

Related Articles

Waves
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published, entitled The urgent need for better ocean-related data to make informed investment decisions...
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published,..
Frozen soap bubble
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct Authority says has a simple aim: “Financial products that are marketed as sustainable should do as they claim and have the evidence to back it up.”..
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct..
Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by