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New York recently announced the largest procurement of offshore wind power in U.S. history: to develop 9.0 GW of projects by 2035. New Jersey has set a goal of 3.5 GW by 2030. Barely a year after Massachusetts pledged to at least 1.6 GW of offshore wind, the Department of Energy Resources released a report…

K2 Management, sustainable energy consultancy, rounded up 2018 with its most successful quarter in North America since its inception in 2010, signing 23 orders in Q4 of last year. These new orders, spanning offshore wind, onshore wind and solar technologies, will support projects with an expected total installed capacity of 9 GW if built out.…

Renewable energy investment is now mainstream. The ongoing global growth of the wind power sector requires substantial investments from the international financial community and support from the insurance sector, bringing long-term opportunities for many different players. However, despite the continued successful growth of onshore and offshore wind, success cannot be taken for granted and project…

Global sustainable energy consultancy, K2 Management, has launched a report titled, Pre-Construction Projects: The battle to reduce uncertainty and improve business case bankability, at the American Wind Energy Association (AWEA) Offshore WINDPOWER 2018 Conference, which kicked off this week in Washington, D.C. The report identifies major project development trends in the fast-growing renewables sector, based on data gathered…

Global sustainable energy consultancy K2 Management has secured the construction monitoring contract for the circa 860-MW Triton Knoll offshore wind farm, which reached financial close last week. The contract’s scope includes the monitoring of permitting, design, manufacturing and construction activities and project expenditure on behalf of a consortium of international lenders. The construction monitoring for the…

Global sustainable energy consultancy, K2 Management launched a report titled; Pre-construction projects: The battle to reduce uncertainty and improve business case bankability, in partnership with specialist insurance broker and risk consultant, JLT Speciality, at Africa Energy Forum, which kicked off today in Mauritius. The report identifies trends and developments in the development and pre-construction phases of projects.…

A study conducted by K2 Management found that wind project owners can increase their overall project earning by up to 2% if they plan for lifetime extension at an earlier stage in the project, rather than beginning the process in the project’s final year. The study is based on a 24 MW German onshore wind…

K2 Management has opened an office in Poland to support the growing wind and solar markets in Eastern and Central Europe, K2 Management has opened an office in Gdynia, Poland. “We have been active in the Polish market since 2016, supporting a local client with the development of an offshore wind project,”Chief Sales Officer and…

K2 Management has signed 10 new renewable contracts in the Asia Pacific region this month. After a successful execution of Dam Nai phase 1 wind project in Vietnam the developer, The Blue Circle and Armstrong Asset Management, appointed K2 Management as Owner’s Engineer for phase II. Armstrong Asset Management, from Singapore, also commissioned the team to undertake wind…

Editor’s note: This article comes from K2 Management, an experienced owner’s engineer and lender’s technical advisor for wind ad solar projects. It is authored by Carsten Ploug Jensen, K2 Management’s Country Manager, North America. When U.S. President Donald Trump recently reduced the corporate tax rate from 35% to 21% he decreased the appetite for tax equity…

By Axel Juhnke, Managing Director, Germany K2 Management Would you go to war without properly planning or training for the mission? It is a heavy question, but one that has resulted in a strategy now recognized by military and business leaders alike. It goes a little like this: plan, prepare, and practice, practice, practice. The…

Specialist wind consultancy, K2 Management, has been appointed by Triton Knoll Offshore Wind Farm, to deliver an independent technical and commercial advisory mandate for the up to 860MW UK project. Triton Knoll is one of three projects which were successful in the September 2017 UK Government Contract for Difference auction, marking it as one of…

K2 Management has agreed to acquire global yield analysis consultancy, Prevailing. Headquartered in Bristol, United Kingdom, the company has offices in Scotland, Germany, Australia and the United States. Founded in 2009, Prevailing has been involved in energy yield analysis for more than 1,200 projects in over 30 countries. Completion of the acquisition, which is a…

K2 Management has been awarded a lump sum service agreement by Northland Power. The agreement includes full scope construction management on the €1.2bn (over $1.4bn USD) Deutsche Bucht (DeBu) offshore wind farm in the German North Sea. K2 Management has been working on the 252-MW project since 2013, providing engineering and development services, supporting it…

Wind consultancy, K2 Management, has been awarded a 12-month contract to deliver comprehensive owner’s engineer services on phase one of the CUTIA Complex onshore wind farm, in Rio Grande do Norte, Brazil. Appointed by developer Companhia Paranaense de Energia S.A. Copel after a public bidding process, K2 Management’s scope of work will include responsibility for…

A report launched by wind consultancy K2 Management and specialist insurance broker, JLT Specialty Ltd., has identified the key challenges and trends that will shape the future of onshore and offshore wind projects over the next 12 months. Launched at the Offshore Wind Conference 2017 in London, Reducing The Levelized Cost of Energy: Challenges, trends, and…

AES Tietê Energia has acquired the 386-MW Alto Sertão II wind portfolio in Brazil for $193m USD, with technical due diligence support from K2 Management and TNEI. The 230-turbine portfolio is spread across 15 sites in the Bahia region of Brazil, and this acquisition represents a positive move in the Brazilian energy market, given the uncertainty…

A consortium led by Australian bank, Macquarie, has agreed to purchase the UK’s Green Investment Bank in a £2.3bn GBP deal. K2 Management led the transaction’s technical due diligence on behalf of Macquarie after being appointed in 2016. K2 Management’s specialists undertook detailed technical reviews of the status and performance of GIB’s wind assets. This involved…

Wind turbine towers are set to reach heights of up to 170m with new construction techniques and materials, according to wind power engineering specialists K2 Management. Tower heights have grown steadily over the last decade as operators seek stronger wind speeds higher up in the atmosphere.