Midea Building Technologies (MBT), a business unit of Midea Group, together with Keppel Ltd.’s Infrastructure Division (Keppel), has entered into a strategic collaboration agreement to jointly develop AI-enabled, energy-efficient cooling solutions across Asia. The signing was witnessed by Cindy Lim, CEO of Keppel’s Infrastructure Division and Peter Guan, Vice President of Midea Group and President of MBT.
The non-exclusive collaboration will combine MBT’s capabilities in heating, ventilation, and air conditioning manufacturing and intelligent building systems with Keppel’s strengths in Cooling-as-a-Service (CaaS) and digital optimisation, to co-develop standardised, modular cooling systems. Implementation of the modular cooling system in specific projects will be carried out through project agreements separately negotiated by Keppel and MBT on a case-by-case basis.
It is envisaged that the jointly developed modular cooling systems will offer a flexible, capex-light solution that can be deployed and scaled across multiple sectors, which will enhance the energy efficiencies of cooling processes while reducing the complexity of on-site installation.
By adopting a modular, pre-engineered approach, Keppel can pre-fabricate cooling modules and assemble them onsite. The modular cooling systems will be connected to Keppel’s state-of-the-art Operations Nerve Centre (ONC).
