ENGIE will be investing S$80 million over the next five years in Singapore to develop its Centre of Expertise for District Cooling and to drive digital initiatives and technical competencies in energy efficiency for the region.
Singaporeâs Smart Nation initiatives will provide ENGIE with an opportunity to test new solutions in real cases and to establish one of its main regional development platforms for district cooling systems.
The Groupâs latest expansion, supported by the Singapore Economic Development Board (EDB), will increase its workforce (currently standing at 1,600) by another 170 highly skilled employees, mostly engineers.
Isabelle Kocher, CEO of the ENGIE Group, said: âTogether with governments, citizens, customers and businesses, we co-create smart solutions to increase energy efficiency and to improve the quality of life.
Singaporeâs 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.â Since establishing its presence in Singapore two decades ago, ENGIEâs latest investment cements the city state as ENGIEâs innovation hub for Asia-Pacific.
This new injection will support the development of new and 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 carbon dioxide.
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 ENGIEâs main regional development platforms, besides existing operations in the Middle East, Western Europe and North America.
The Group 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: AVRIL Digital which is a digital platform that can provide initial and predictive analysis to manage efficiency of data centres.
This service will be launched in the second quarter of 2018.
Digital IoT (Internet of Things) and remote monitoring platforms which will provide real-time data reporting and insights on the environmental conditions of critical facilities such as hospitals, hotels or airports, to create optimal comfort and improve energy efficiency.
ENGIE iBMS which is an integrated building management system providing real-time data on all equipment and conditions such as room temperature and air quality.
Digitalisation of facility management processes, through computerised management solutions.
âSingapore has been accelerating efforts to develop digitalisation as a key competency across the different sectors in our economy.
ENGIEâs 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,â said Dr Beh Swan Gin, Chairman of EDB..