Sustainability

Tabreed, GIZ Partner to Accelerate Adoption of Energy-efficient District Cooling Solutions in India

FacebookFacebookTwitterTwitterLinkedinLinkedinGmailGmail

Leading cooling player Tabreed has signed an MoU with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) through the ‘Energy Efficient Cooling’ programme.

Tabreed says that this initiative is jointly implemented by GIZ and the Bureau of Energy Efficiency (BEE), to continue working together in catalysing the market, to drive adoption of energy-efficient district cooling systems and thermal storage solutions in India.

As such it aligns with the country’s Nationally Determined Contribution under the Paris Agreement to adopt a climate friendly approach to development.

Tabreed held that by 2050, cooling could be responsible for 60% of peak energy demand in India. Drawing upon GIZ’s proficiency in sustainable development strategies, notably its collaboration with BEE on district cooling guidelines, and the firm’s unrivalled experience in the industry, the partnership aims to promote widespread adoption of energy-efficient district cooling systems to deliver on sustainable and holistic economic and human development in India.

Through this alliance, Tabreed and GIZ will work together to complement each other’s global and local expertise across three broad focus areas. First, to facilitate bilateral exchange between governments to strengthen national and regional policy, regulatory, legal, and institutional frameworks in support of the development of district cooling markets.

Second, to democratise Cooling as a Service across key urban, educational and industrial clusters through collaborative project development. Third, to support other ongoing initiatives to build human, institutional and corporate capacities at regional, national and local levels through unique and innovative training workshop formats, supplemented by exchange visits to plants for participants across the value chain, including policymakers, developers, urban planners and consultants.

Sudheer Perla, MD, Tabreed Asia said, “Over the past five years, Tabreed has steadfastly pursued the development of district cooling markets in India. Tabreed, in a joint venture with the International Finance Corporation (IFC), established an investment platform committing to invest up to $400 million in India and Southeast Asia.”

Nitin Jain, Programme Head, Energy-Efficient Cooling, added, “our partnership with Tabreed couldn’t have come at a better time. As India strides toward a sustainable future with a bold vision for sustainability, the role of district cooling becomes more pivotal than ever.”

Commenting on the partnership, Arijit Sengupta, Director, BEE, held, “Our collective aim is to forge a path towards sustainable cooling solutions that mitigate the environmental impact while simultaneously driving economic growth and societal well-being.”

Subhash Yadav

Recent Posts

India can cut upto 8 Gigatons of emissions from buildings by 2050: NIUA & RMI Report

India is undergoing a significant influx of urban migration and a reclassification of rural areas,…

24 hours ago

Hyderabad’s Juno Joule, Germany’s Select Energy to build green hydrogen project at Andhra port

India’s quest toward green hydrogen economy received a significant boost with a strategic MoU between…

2 days ago

Ethanol & CBG vital to India’s green transport quest: S&P Global

A new report by S&P Global has revealed that India’s growing biofuels industry is emerging…

2 days ago

Amul creates bioethanol from cheese whey; mulls setting-up Rs. 70 crore production facility

In a significant breakthrough for India’s renewable energy and dairy sectors, dairy major Amul has…

2 days ago

Anaergia, Capwatt to begin construction of first of 9 biomethane plants in Italy

Renewable energy conglomerate Anaergia Inc, through its subsidiary, Anaergia S.r.l., entered into a contract with…

2 days ago

MEGA CBG PUSH BY RELIANCE: Mukesh Ambani promises 350 biogas plants across North East

Reliance Industries Ltd (RIL) Chairman Mukesh Ambani has announced a massive ₹75,000 crore investment in…

5 days ago