Daikin Singapore and SP Group are collaborating to develop Singapore’s largest industrial district cooling system for STMicroelectronics (ST)’s Ang Mo Kio TechnoPark. The JV will build the district cooling system (DCS) which will have a cooling capacity of up to 36,000 refrigerant tonnes (RT).
When completed in 2025, it will help ST achieve 20 percent savings in cooling-related electricity consumption annually and support its target of achieving carbon neutrality by 2027.
The partners also signed a separate Memorandum of Understanding (MOU) to explore the potential of district cooling in other Southeast Asian countries, starting with Indonesia. Under the MOU, Daikin and SP will combine their expertise, experience and resources to bring this sustainable cooling solution to the various markets to help lower their energy consumption and reduce their carbon footprint.
The expanded collaboration between both companies signifies their commitment to empowering smart, low-carbon cities across the region, and to supporting Singapore’s sustainability ambitions under the Singapore Green Plan 20301, according to a statement from them.
This project aligns with Daikin’s mission to build upon Singapore’s ongoing roadmap for greener buildings as well as the longer-term vision for a Singapore Smart-city that includes sustainability in its advocacy. The JV will be 70 percent owned by SP and 30 percent by Daikin. The new facility is designed to optimise chiller efficiency and deliver a 24/7 chilled water supply to meet ST’s wafer fabrication needs.
In addition, Daikin will be deploying one of its most efficient 2,000-tonne HFO Chiller for this project. HFO or Hydrofluro-Olefins is the new generation of synthetic refrigerants with zero ozone depletion effect and is designed to significantly reduce the global warming potential.
“We are excited to collaborate with SP Group, and we look forward to working together closely towards greater environmental sustainability,” said Yoshihiro Mineno, member of the board and senior executive officer of Daikin Industries, Ltd.
Daikin is also planning to launch other green initiatives, including a solution that uses chemical-free water treatment that leverages applied electrochemistry and an intelligent controller to enhance system performance, providing a sustainable and scalable solution to large building HVAC systems and industrial chiller circuits, but also saves energy, water, maintenance and chemical costs in cooling water management.
Group CEO of SP Group, Stanley Huang, said, “We are honoured to partner Daikin in this joint venture to provide district cooling to STMicroelectronics at AMK TechnoPark. We look forward to a broader collaboration in Southeast Asia with Daikin.”
“Daikin fully supports our national directions and is keen to play an active role in this journey, especially in going Green, Smart and Sustainable in the Living Environment. With this project, we are excited to take another step towards our goals for a sustainable smart nation,” said Liu Shaw Jiun, CEO of Daikin Airconditioning Singapore Pte Ltd.
