SP links with Frasers Property Vietnam to implement smart energy solutions

Thursday, Aug 31, 2023 12:00

The MoU signing ceremony between SP Group and Frasers Property Vietnam (FPV) to develop and implement integrated smart energy solutions at FPV’s Bình Dương Industrial Park. — Photo Courtesy of SP Group

Energy utilities group and sustainable energy solutions provider SP Group and property developer Frasers Property Vietnam (FPV) recently signed a memorandum of understanding (MoU) to jointly develop and implement integrated smart energy solutions at FPV’s Bình Dương Industrial Park (BDIP).

The partnership, SP said, will help the industrial park accelerate the adoption of green energy solutions, and enable energy savings and carbon emissions reduction for all tenants.

In the initial phase, SP will design, invest, install, operate, and maintain integrated smart energy solutions for BDIP’s Industrial Service Centre (ISC).

This includes the installation of solar photovoltaics for renewable energy, digital building solutions, electric vehicle charging, and smart energy optimisation and management systems.

SP and FPV will collaborate on a feasibility study to implement a green micro-grid for BDIP that will accelerate the clean energy transition for the industrial park, facilitate access to renewable energy and will provide greater power reliability and resilience for tenants.

The 837sq.m ISC will cater to the business and social requirements of all BDIP tenants with shared facilities including meeting rooms, outdoor sport and recreational facilities, F&B options, and open green spaces.

"Our collaboration with Frasers Property Vietnam underscores our goal of empowering the sustainability ambitions of industrial parks and contributing to the net-zero targets of Việt Nam.

Through our bespoke and integrated system of smart and sustainable energy solutions, industrial parks can seamlessly harness renewable energy sources and transition to energy-efficient operations that will enhance cost savings, carbon emission reductions, and promote productivity," said Brandon Chia, managing director, sustainability energy solutions, Southeast Asia and Australia, SP Group.

Located in one of Việt Nam’s key southern economic hubs in Bình Dương Province, BDIP is FPV’s first industrial park development in Việt Nam well served by National Route 13 and connected to major seaports and airports in the region.

BDIP sits on more than 106 hectares of land, providing high quality industrial facilities built to international standards.

The industrial park is among one of few developments in Việt Nam to be LEED (Leadership in Energy and Environmental Design) certified, which is an accreditation for healthy, efficient, carbon and cost-saving green buildings.

This partnership with FPV highlights SP’s commitment to help Việt Nam’s energy-intensive sectors decarbonise, and to contribute towards the country’s sustainability targets through the proliferation of various sustainability energy solutions. — VNS

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