{"id":24006,"date":"2025-05-19T14:19:32","date_gmt":"2025-05-19T07:19:32","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=24006"},"modified":"2025-05-19T14:19:32","modified_gmt":"2025-05-19T07:19:32","slug":"singapore-building-owners-save-1-2-million-in-energy-costs-through-academic-industry-partnership-between-acwise-and-ngee-ann-polytechnics-cfes","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=24006","title":{"rendered":"Singapore Building Owners Save $1.2 Million in Energy Costs Through Academic-Industry Partnership between ACwise and Ngee Ann Polytechnic&#8217;s CfES"},"content":{"rendered":"<p>WOODLANDS, SINGAPORE &#8211;  <a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach Newswire<\/a> &#8211; 19 May 2025 &#8211; Buildings in Singapore account for over 20% of the nation&#8217;s carbon emissions, making energy efficiency a top priority under the Singapore Green Plan 2030. To drive reductions and meet net-zero targets, the carbon tax jumped from S$5\/tCO2e to S$25\/tCO2e in 2024 and will hit S$45\/tCO2e by 2026, adding an estimated S$52,000 in monthly costs for the average commercial building. <\/p>\n<p> A pioneering collaboration between ACwise and Ngee Ann Polytechnic&#8217;s Centre for Environmental Sustainability (CfES) is demonstrating how certified energy-saving technologies can cut costs while reducing scope 2 and 3 emissions, offering a practical path toward sustainable operations. <\/p>\n<p> Through this partnership, building owners have collectively saved $1.2 million in energy costs in the last 6 months by integrating ACwise&#8217;s NanoRefrigerant into HVAC systems. This innovative solution improves efficiency, reduces emissions, and extends equipment lifespan, offering a practical, cost-effective path to greener buildings <\/p>\n<p> <b>Real-world results highlight the impact of this collaboration.<\/b> <\/p>\n<div>\n<ul>\n<li>       Seo Eng Joo Food Hub, which manages several large cold storage facilities across Southeast Asia, was able to reduce its HVAC-R energy consumption by 19%.     <\/li>\n<li>       Song Fish, a leading frozen seafood and poultry supplier, achieved a 12.3% reduction in HVAC energy consumption through a recent trial.     <\/li>\n<\/ul><\/div>\n<ul> <\/ul>\n<ul> <\/ul>\n<p> <b>    <br \/>   At the core of this success is a unique academic-industry collaboration.<\/b> <\/p>\n<p> By combining CfES&#8217;s rigorous research with ACwise&#8217;s industry expertise, the initiative accelerates the adoption of proven, high-performance solutions. The Singapore Green Building Council (SGBC) certification further reinforces the credibility of these technologies, ensuring they meet stringent sustainability standards. <\/p>\n<p> <i>&#8220;Our collaboration goes beyond technology,&#8221; <\/i>explains  <b>Tommy Chan, Founder and CEO of ACwise<\/b>.  <i>&#8220;We&#8217;re creating a replicable framework that demonstrates how academic insights can drive meaningful industry transformation. Each percentage point of energy saved represents not just financial benefit, but a step towards Singapore&#8217;s net zero target by 2050.&#8221;<\/i> <\/p>\n<p> <i>&#8220;CfES is committed to bridging innovative research with real-world applications, and our collaboration with ACwise exemplifies this approach&#8221;<\/i>, says  <b>Jason Tang, Chief Sustainability Officer, Ngee Ann Polytechnic and Director, CfES<\/b>.  <i>&#8220;By rigorously assessing the performance of NanoRefrigerant in a VRF air-conditioning system, the results have demonstrated measurable efficiency gains, reinforcing the importance of evidence-based solutions in advancing sustainability within the built environment.&#8221;<\/i> <\/p>\n<p> The centre has played a key role in translating and developing technologies and solutions into practical innovations for the industry. Currently, CfES has successfully completed over 500 consultancy and R&amp;D projects, filed more than 30 patents and know-hows, and licensed 1 in 3 of their intellectual properties. <\/p>\n<p> <b>The initiative&#8217;s impact extends beyond immediate savings.<\/b> <\/p>\n<p> Building owners are not just cutting costs; they are channelling savings into sustainability upgrades like solar panels and smart energy systems. These investments go beyond individual buildings, strengthening Singapore&#8217;s green ecosystem and driving continuous improvements in energy efficiency. <\/p>\n<p> As the nation accelerates its Green Plan 2030 efforts, this partnership serves as a blueprint for integrating certified solutions into existing infrastructure. With clear financial and environmental gains, building owners have a unique opportunity to lead Singapore&#8217;s transition toward a more sustainable, energy-efficient future. <\/p>\n<p> Join us on May 23rd to explore how collaborative innovation is transforming Singapore&#8217;s green building ecosystem and shaping the future of sustainable urban development. <br \/>Hashtag: #ACwise #CfES #HVAC<\/p>\n<p><a href=\"https:\/\/acwise.com\/\" class=\"social-media-link\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/generic_link.png\" width=\"24\" height=\"24\" data-no-lazy=\"1\" \/>https:\/\/acwise.com\/<\/a><br \/><a href=\"https:\/\/www.linkedin.com\/company\/acwiseenergysavings\/\" class=\"social-media-link\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/iconmonstr-linkedin-1-24.png\" width=\"24\" height=\"24\" data-no-lazy=\"1\" \/>https:\/\/www.linkedin.com\/company\/acwiseenergysavings\/<\/a><\/p>\n<p>The issuer is solely responsible for the content of this announcement.<\/p>\n\n<h4>About ACwise<\/h4>\n\n<div>   We are an Energy Savings Company. Our mission is to bring awareness and actionable change to those who want to make a difference. Energy savings not only benefit the environment but also positively impact your bottom line. Sustainability can be simple and accessible, with easy-to-adapt and easy-to-implement solutions. <\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/track.media-outreach.com\/index.php\/WebView\/380151\/118699\" alt=\"\" width=\"1\" height=\"1\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p>WOODLANDS, SINGAPORE &#8211;  <a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach Newswire<\/a> &#8211; 19 May 2025 &#8211; Buildings in Singapore account for over 20% of the nation&#8217;s carbon emissions, making energy efficiency a top priority under the Singapore Green Plan 2030. To drive reductions and meet net-zero targets, the carbon tax jumped from S$5\/tCO2e to S$25\/tCO2e in 2024 and will hit S$45\/tCO2e by 2026, adding an estimated S$52,000 in monthly costs for the average commercial building. <\/p>\n<p> A pioneering collaboration between ACwise and Ngee Ann Polytechnic&#8217;s Centre for Environmental Sustainability (CfES) is demonstrating how certified energy-saving technologies can cut costs while reducing scope 2 and 3 emissions, offering a practical path toward sustainable operations. <\/p>\n<p> Through this partnership, building owners have collectively saved $1.2 million in energy costs in the last 6 months by integrating ACwise&#8217;s NanoRefrigerant into HVAC systems. This innovative solution improves efficiency, reduces emissions, and extends equipment lifespan, offering a practical, cost-effective path to greener buildings <\/p>\n<p> <b>Real-world results highlight the impact of this collaboration.<\/b> <\/p>\n<div>\n<ul>\n<li>       Seo Eng Joo Food Hub, which manages several large cold storage facilities across Southeast Asia, was able to reduce its HVAC-R energy consumption by 19%.     <\/li>\n<li>       Song Fish, a leading frozen seafood and poultry supplier, achieved a 12.3% reduction in HVAC energy consumption through a recent trial.     <\/li>\n<\/ul>\n<\/div>\n<ul> <\/ul>\n<ul> <\/ul>\n<p> <b>    <br \/>   At the core of this success is a unique academic-industry collaboration.<\/b> <\/p>\n<p> By combining CfES&#8217;s rigorous research with ACwise&#8217;s industry expertise, the initiative accelerates the adoption of proven, high-performance solutions. The Singapore Green Building Council (SGBC) certification further reinforces the credibility of these technologies, ensuring they meet stringent sustainability standards. <\/p>\n<p> <i>&#8220;Our collaboration goes beyond technology,&#8221; <\/i>explains  <b>Tommy Chan, Founder and CEO of ACwise<\/b>.  <i>&#8220;We&#8217;re creating a replicable framework that demonstrates how academic insights can drive meaningful industry transformation. Each percentage point of energy saved represents not just financial benefit, but a step towards Singapore&#8217;s net zero target by 2050.&#8221;<\/i> <\/p>\n<p> <i>&#8220;CfES is committed to bridging innovative research with real-world applications, and our collaboration with ACwise exemplifies this approach&#8221;<\/i>, says  <b>Jason Tang, Chief Sustainability Officer, Ngee Ann Polytechnic and Director, CfES<\/b>.  <i>&#8220;By rigorously assessing the performance of NanoRefrigerant in a VRF air-conditioning system, the results have demonstrated measurable efficiency gains, reinforcing the importance of evidence-based solutions in advancing sustainability within the built environment.&#8221;<\/i> <\/p>\n<p> The centre has played a key role in translating and developing technologies and solutions into practical innovations for the industry. Currently, CfES has successfully completed over 500 consultancy and R&amp;D projects, filed more than 30 patents and know-hows, and licensed 1 in 3 of their intellectual properties. <\/p>\n<p> <b>The initiative&#8217;s impact extends beyond immediate savings.<\/b> <\/p>\n<p> Building owners are not just cutting costs; they are channelling savings into sustainability upgrades like solar panels and smart energy systems. These investments go beyond individual buildings, strengthening Singapore&#8217;s green ecosystem and driving continuous improvements in energy efficiency. <\/p>\n<p> As the nation accelerates its Green Plan 2030 efforts, this partnership serves as a blueprint for integrating certified solutions into existing infrastructure. With clear financial and environmental gains, building owners have a unique opportunity to lead Singapore&#8217;s transition toward a more sustainable, energy-efficient future. <\/p>\n<p> Join us on May 23rd to explore how collaborative innovation is transforming Singapore&#8217;s green building ecosystem and shaping the future of sustainable urban development. <br \/>Hashtag: #ACwise #CfES #HVAC<\/p>\n<p><a href=\"https:\/\/acwise.com\/\" class=\"social-media-link\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/generic_link.png\" width=\"24\" height=\"24\" data-no-lazy=\"1\" \/>https:\/\/acwise.com\/<\/a><br \/><a href=\"https:\/\/www.linkedin.com\/company\/acwiseenergysavings\/\" class=\"social-media-link\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/iconmonstr-linkedin-1-24.png\" width=\"24\" height=\"24\" data-no-lazy=\"1\" \/>https:\/\/www.linkedin.com\/company\/acwiseenergysavings\/<\/a><\/p>\n<p>The issuer is solely responsible for the content of this announcement.<\/p>\n<h4>About ACwise<\/h4>\n<div>   We are an Energy Savings Company. Our mission is to bring awareness and actionable change to those who want to make a difference. Energy savings not only benefit the environment but also positively impact your bottom line. Sustainability can be simple and accessible, with easy-to-adapt and easy-to-implement solutions. <\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/track.media-outreach.com\/index.php\/WebView\/380151\/118699\" alt=\"\" width=\"1\" height=\"1\" \/><\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2,4],"tags":[],"class_list":["post-24006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-outreach-newswire","category-media-outreach-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/24006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24006"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/24006\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}