Market Update

Daikin provides district cooling system in Singapore’s Smart City Project


Daikin Industries, Ltd. has recently agreed to provide a district cooling system for Tengah Town, a smart energy town project being promoted in Singapore by the Singaporean government. “Investigation will soon begin toward the establishment of a joint venture company with the Singapore Power Group (SP Group) to realise a district cooling business,” a company statement said.
Under this project, collaborating with SP Group, Daikin supplies advanced district cooling system covering all residences in the smart city. With this system, Daikin claims, 30% life cycle costs savings is realised at each household compared to individual air-conditioning installment.

Daikin also aims to introduce its high energy-saving equipment in other public facilities and contribute to a significant reduction in power consumption. A district cooling system is a cooling mechanism that supplies water cooled from a newly developed, high-efficiency modular chiller, which is a large-scale air conditioner, to a fan coil unit (an indoor unit with an air blowing function) that is installed in each residence. Residents and commercial building owners will use air conditioning in a “subscription model” that charges a usage fee according to time used. Moreover, Daikin has also concluded maintenance contracts for large-scale air conditioners and fan coil units throughout the city, as a means to provide smart support to the township and develop a sustainable business model.

Air-conditioning expense is said to occupy 40% of total electricity usage at households. Daikin contributes to saving energy of total smart city highlighting air-conditioning field, and will keep on working for environment protection and development of smart city offering solution business, it said.

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Click to comment

You must be logged in to post a comment Login

Leave a Reply


To Top