K2 Management has been appointed as technical advisor on the Goto Floating Wind Farm (Goto) – the first commercial scale floating offshore wind farm in Japan. Set to be built off the shore of Goto City, Nagasaki Prefecture, the 16.8MW Goto Floating Wind Farm is being developed by a consortium led by Toda Corporation which..
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K2 Management has been selected by Inch Cape Offshore Limited to operate as lender’s technical advisor on its wind farm located off the Angus coast in Scotland. Recently awarded a Contract for Difference (CfD) under the UK Round 4 Allocation, ICOL is a joint venture between Red Rock Power Limited and Irish energy company ESB...
The offshore wind industry in the UK and around the world is undergoing immense growth. According to a report by Research and Market, the global market is expected to grow 12.3% between 2021 and 2026, with revenue increasing from $31.8 billion to $56.8 billion. With Ireland, Germany, France, Spain, South Korea, Japan and..
The biggest ever round of the UK government’s flagship renewables auction scheme was finalised last week with offshore wind emerging as one of the sector’s biggest winners. Fundamentally, these auctions represent another positive step in the longer-term realisation of the UK's offshore wind capacity. It will, however, be..
The European wind industry needs to slow down in its attempts to further drive down the levelized cost of energy (LCOE) and scale back on building bigger turbines. This, at least, is the view of K2 Management, a leading renewable energy engineering and project management consultancy, which believes that unless the inexorable..
Asia Pacific’s renewable energy potential is huge. The region is home to some of the fastest growing economies in the world and a rapidly expanding population. Unsurprisingly, the United Nations recently cited that the demand for energy is growing faster in this corner of the world than anywhere else. With an abundance of..