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From left, Mr. Nguyen Thanh Phat – SP Group’s Managing Director for Vietnam, Mr. Brandon Chia - SP Group’s Managing Director, Sustainable Energy Solutions (South-east Asia & Australia), Mr. Lim Hua Tiong - CEO of Frasers Property Vietnam, and Mr. Paolo Bevilacqua - Frasers Property’s Group Head of Sustainability at the MOU signing ceremony. (Photo from Frasers Property)

SP Group to develop smart energy solutions for industrial park in Vietnam

Frasers Property Vietnam is the developer of the industrial park.

SP Group (SP) will be collaborating with Frasers Property Vietnam (FPV) to develop and implement integrated smart energy solutions at the latter’s Binh Duong Industrial Park (BDIP). 

Under the Memorandum of Understanding (MoU) signed by the parties, SP will design, invest, install, operate and maintain integrated smart energy solutions for BDIP’s 837 square metres (sqm) 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,” Frasers Property said.

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

“To regulate the ISC’s indoor environment balancing energy efficiency with users’ thermal comfort and wellbeing, SP will deploy its suite of smart building energy management solutions – Green Energy Tech (GETTM),” Frasers Property said.

Meanwhile, SP and FPV will also jointly conduct 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 provide greater power reliability and resilience for tenants. 

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