STMicroelectronics
Appoints SP Group to
Establish Singapore’s Largest
Industrial District Cooling
System for its Local
Manufacturing Site
- Industrial District Cooling System,
to be designed and installed by SP Group, is Singapore’s largest
with a cooling capacity of up to 36,000 refrigerant tons (RT)
- Benefits include 20% savings in
cooling-related electricity consumption and reduced carbon
emissions by up to 120,000 tons annually
- Estimated project value of 370
million USD over 20 years
Geneva, Switzerland and
Singapore, May
18, 2022 – STMicroelectronics (NYSE:
STM), a global semiconductor leader serving customers
across the spectrum of electronics applications, and SP Group
(SP), a leading utilities group in the Asia
Pacific and Singapore’s national grid operator, announced today the
signing of an agreement to install a district cooling system at ST
AMK TechnoPark. At an estimated project value of 370 million USD
over 20 years, it will be Singapore’s largest district cooling
system (DCS) to be implemented for an industrial development when
operational in 2025.
Under the agreement, SP will design, build, own
and operate the DCS, providing chilled-water-as-a-service to meet
both the manufacturing and spatial cooling needs of ST. With a
cooling capacity of up to 36,000 refrigerant tons (RT), it will
help ST achieve 20 per cent savings in cooling-related electricity
consumption annually by improving aggregated chiller system
efficiency, as well as enable ST to reduce carbon emissions of up
to 120,000 tons per year for ST Technopark, equivalent to taking
109,090 cars off the road. This decarbonization is a result of
lower energy consumption and an increased capacity to incorporate
solar energy and Perfluorocarbons (PFC) abatement equipment by
repurposing more than 4,000 square meters (sqm) of chiller plant
space that will be freed up once the DCS is operational.
Ms Low Yen Ling, Minister of State, Ministry of Culture,
Community and Youth & Ministry of Trade and Industry, attended
the event as guest-of-honor to bear witness to the signing of the
agreement.
She said: "The private sector plays an important role, alongside
the public and the people sector, in advancing Singapore’s climate
and sustainability goals. Businesses that adopt sustainable
practices, such as energy efficiency improvements, send strong
signals to their partners and customers about the urgency of
sustainability issues and the need for serious action. At the same
time, businesses can harness sustainability as a competitive
advantage.”
She further added: “I hope this initiative will inspire many
more innovative decarbonization solutions across other industrial
developments and spur more companies to seek opportunities in
sustainability.”
The cooling system will be ST’s first deployment
of district cooling at a manufacturing facility globally. ST is
committed to a global target to become carbon neutral by 2027.
Adopting district cooling at its single largest wafer-fabrication
site (by volume) will be a key enabler for the facility to meet the
Minimum Energy Efficiency Standards (MEES) set by the National
Environment Agency (NEA), and for the company to achieve its
sustainability goals.
“The cooling system in Singapore will be ST’s
first deployment of district cooling at a manufacturing facility
globally and is a strong statement of our commitment to our target
to become carbon neutral globally by 2027,” said Rajita D’Souza,
President of Human Resources and Corporate Social Responsibility at
STMicroelectronics. “Our adoption of district cooling at our single
largest wafer-fabrication site (by volume), where it will eliminate
120,000 tons of carbon from the environment, equivalent to 30% of
ST Singapore’s carbon emission in 2021, is a key enabler for the
facility and the company to achieve its sustainability goals.”
Group Chief Executive Officer of SP, Stanley
Huang, said, “District Cooling is a key sustainable energy solution
to empower a low-carbon future for cities, townships, and
industrial parks. To enable the decarbonization of Singapore’s
industrial sector, we have customized this solution to help
energy-intensive manufacturing developments such as
STMicroelectronics’ TechnoPark reduce their energy consumption and
carbon footprint in line with their sustainability strategies. With
our full suite of sustainable energy solutions including solar and
electric vehicle charging, we look forward to collaborating with ST
to meet its net-zero targets.”
-Ends-
About STMicroelectronicsAt ST, we are 48,000
creators and makers of semiconductor technologies mastering the
semiconductor supply chain with state-of-the-art manufacturing
facilities. An integrated device manufacturer, we work with more
than 200,000 customers and thousands of partners to design and
build products, solutions, and ecosystems that address their
challenges and opportunities, and the need to support a more
sustainable world. Our technologies enable smarter mobility, more
efficient power and energy management, and the wide-scale
deployment of the Internet of Things and connectivity. ST is
committed to becoming carbon neutral by 2027. Further information
can be found at www.st.com.
About SP GroupSP Group is a
leading utilities group in the Asia Pacific, empowering the future
of energy with low-carbon, smart energy solutions for its
customers. It owns and operates electricity and gas transmission
and distribution businesses in Singapore and Australia, as well as
sustainable energy solutions in Singapore, China and Vietnam.
As Singapore’s national grid operator, about 1.6
million industrial, commercial and residential customers benefit
from its world-class transmission, distribution and market support
services. These networks are amongst the most reliable and
cost-effective worldwide.
Beyond traditional utilities services, SP Group
provides a suite of sustainable and renewable energy solutions such
as microgrids, cooling and heating systems for business districts
and residential townships, solar energy solutions, electric vehicle
fast-charging stations and digital energy solutions for customers
in Singapore and the region.
For more information, please visit
spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG, on
LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG.
Notes to Editor:
In Singapore, district cooling is gaining
traction as an innovative solution to redesign and make more
sustainable the cooling of building interiors while simultaneously
reducing its carbon footprint. The solution centralizes the
production of chilled water which is then piped to buildings in the
district for air-conditioning and process cooling. District cooling
benefits are fourfold: it enhances energy efficiency, lowers the
cost of cooling, frees up prime space for potential commercial
purposes, and reduces carbon emissions.
Press Contacts
STMicroelectronics Dennis TanManager,
Integrated Marketing & Communications Tel: 6216 5598
Email: wddennis.tan@st.com
SP GroupAndrew AngDeputy
Director, Communications Tel: 6916 8231Email:
andrewang@spgroup.com.sg
- T4451R -- May 18 2022 -- Industrial District Cooling System at
ST Singapore_FINAL FOR PUBLICATION
- T4451R -- May 18 2022 -- Industrial District Cooling System at
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