Since establishing its presence in Singapore two decades ago, ENGIE’s latest investment cements the city state as ENGIE’s innovation hub for the Asia-Pacific. This new injection will be channelled towards the creation of a Centre of Expertise for District Cooling that will support the development of new, innovative district cooling projects in Singapore and in the Asia-Pacific region. ENGIE is a major player in highly efficient cooling networks, that are typically 50% more energy efficient than individual cooling solutions and generate 50% less CO2. ENGIE operates more than 320 low-carbon urban heating and cooling networks in 20 countries, such as China, Malaysia, The Philippines and New-Zealand. Singapore will become one of ENGIE’s main regional development platforms, besides existing operations in the Middle East, Western Europe and North America.
In addition, ENGIE will develop and roll out digital solutions and services across Asia-Pacific, from Singapore, to harness real-time data and insights. This will help customers manage and improve energy efficiency, maximise performance, and create better ambient experiences for their end-users. These digital initiatives include:
Isabelle Kocher, CEO of the ENGIE Group, said: “Together with governments, citizens, customers and businesses, we co-create smart solutions to increase energy efficiency, and to improve the quality of life. Singapore’s vision to be a Smart Nation and its leadership in sustainability, innovation and ease of doing business, make it an obvious choice to continue
to build and test our innovations there.”
“Singapore has been accelerating efforts to develop digitalisation as a key competency across the different sectors in our economy. ENGIE’s decision to anchor its Centre of Expertise in Singapore to drive digital and energy efficiency initiatives in the region is a strong vote of confidence in our capabilities. At the same time, this centre will also help groom more Singaporeans to participate in this area of growth,” said Dr Beh Swan Gin, Chairman, EDB.
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