STMicroelectronics And SP Group Unveil 36,000 RT District Cooling System Serving 90,000 Square Meters At Ang Mo Kio TechnoPark

STMicroelectronics NV Sponsored ADR RegS -0.09%

STMicroelectronics NV Sponsored ADR RegS

STM

34.52

-0.09%

Singapore's largest industrial district cooling system begins operations to support STMicroelectronics' decarbonization strategy
 

  • Designed, built, owned, and operated by a joint venture between SP Group and Daikin Airconditioning (Singapore), the innovative district cooling system will significantly improve the environmental performance of ST's high-volume semiconductor manufacturing site in Singapore
  • New system expected to reduce carbon emissions by 120,000 tonnes per year, cooling-related electricity costs by 20 percent each year, and repurposing over half a million cubic meters of water consumption per year
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