{"id":2496,"date":"2022-05-18T04:52:40","date_gmt":"2022-05-18T04:52:40","guid":{"rendered":"https:\/\/www.daikin.com.sg\/business\/?post_type=blogs&#038;p=2496"},"modified":"2026-08-01T10:00:55","modified_gmt":"2026-08-01T10:00:55","slug":"daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system","status":"publish","type":"blogs","link":"https:\/\/www.daikin.com.sg\/business\/blogs\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\/","title":{"rendered":"Daikin Singapore Signs JV with SP Group for Largest Industrial District Cooling System"},"content":{"rendered":"<p><iframe width=\"560\" height=\"660\" src=\"https:\/\/www.youtube.com\/embed\/L4OpWGWV8sI?si=TdFOEufVzCWcNrXL\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>On Wednesday, 18 May 2022, Daikin Singapore has formed a new joint venture (JV) with SP Group for ST Microelectronics.<\/p>\n<p>This will be Singapore\u2019s largest district cooling system for an industrial facility, with a cooling capacity of up to 36,000 refrigerant tonnes, which is set to be completed by 2025. The network has the potential to reduce carbon emissions by up to 120,000 tonnes per year, which is equivalent of taking 109,090 cars off the road.<\/p>\n<p>Hailing district cooling as key to empowering a low-carbon future for cities, townships and industrial parks, SP group chief executive Stanley Huang said the solution was customised to help energy-intensive manufacturing developments such as STMicroelectronics&#8217; TechnoPark reduce their energy consumption and carbon footprint in line with sustainability strategies.<\/p>\n<p>\u201cWe are excited to collaborate with SP Group, and we look forward to working together closely towards greater environmental sustainability\u201d, said Mr Yoshihiro Mineno, Daikin Industries, Ltd.<\/p>\n<p>\u201cDaikin fully supports our national directions and is keen to play an active role in this journey, especially in going Green, Smart and Sustainable in the Living Environment. With this project, we are excited to take another step towards our goals for a sustainable smart nation,\u201d said Mr Liu Shaw Jiun, Daikin Airconditioning Singapore Pte Ltd.<\/p>\n<p>SP and Daikin have also signed an agreement to explore the potential of district cooling in South-east Asia, starting with Indonesia.<\/p>\n<p><strong>Read more:<\/strong> <a href=\"https:\/\/www.straitstimes.com\/singapore\/largest-industrial-district-cooling-system-to-be-built-in-ang-mo-kio-by-2025\" target=\"_blank\">Straits Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday, 18 May 2022, Daikin Singapore has formed a new joint venture (JV) with SP Group for ST Microelectronics. This will be Singapore\u2019s largest district cooling system for an industrial facility, with a cooling capacity of up to 36,000 refrigerant tonnes, which is set to be completed by 2025. The network has the potential [&hellip;]<\/p>\n","protected":false},"featured_media":2497,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"class_list":["post-2496","blogs","type-blogs","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Daikin Singapore Signs JV with SP Group for Largest Industrial District Cooling System - Daikin Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.daikin.com.sg\/business\/blogs\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daikin Singapore Signs JV with SP Group for Largest Industrial District Cooling System - Daikin Business\" \/>\n<meta property=\"og:description\" content=\"On Wednesday, 18 May 2022, Daikin Singapore has formed a new joint venture (JV) with SP Group for ST Microelectronics. This will be Singapore\u2019s largest district cooling system for an industrial facility, with a cooling capacity of up to 36,000 refrigerant tonnes, which is set to be completed by 2025. The network has the potential [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.daikin.com.sg\/business\/blogs\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\/\" \/>\n<meta property=\"og:site_name\" content=\"Daikin Business\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-01T10:00:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.daikin.com.sg\/business\/wp-content\/uploads\/sites\/3\/2026\/07\/Daikin-and-SP-Group.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"666\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/blogs\\\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\\\/\",\"url\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/blogs\\\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\\\/\",\"name\":\"Daikin Singapore Signs JV with SP Group for Largest Industrial District Cooling System - Daikin Business\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/blogs\\\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/blogs\\\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2026\\\/07\\\/Daikin-and-SP-Group.jpg\",\"datePublished\":\"2022-05-18T04:52:40+00:00\",\"dateModified\":\"2026-08-01T10:00:55+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/blogs\\\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/blogs\\\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/blogs\\\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2026\\\/07\\\/Daikin-and-SP-Group.jpg\",\"contentUrl\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2026\\\/07\\\/Daikin-and-SP-Group.jpg\",\"width\":1000,\"height\":666},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/blogs\\\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daikin Singapore Signs JV with SP Group for Largest Industrial District Cooling System\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/#website\",\"url\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/\",\"name\":\"Daikin Business\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.daikin.com.sg\\\/business\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daikin Singapore Signs JV with SP Group for Largest Industrial District Cooling System - Daikin Business","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.daikin.com.sg\/business\/blogs\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\/","og_locale":"en_US","og_type":"article","og_title":"Daikin Singapore Signs JV with SP Group for Largest Industrial District Cooling System - Daikin Business","og_description":"On Wednesday, 18 May 2022, Daikin Singapore has formed a new joint venture (JV) with SP Group for ST Microelectronics. This will be Singapore\u2019s largest district cooling system for an industrial facility, with a cooling capacity of up to 36,000 refrigerant tonnes, which is set to be completed by 2025. The network has the potential [&hellip;]","og_url":"https:\/\/www.daikin.com.sg\/business\/blogs\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\/","og_site_name":"Daikin Business","article_modified_time":"2026-08-01T10:00:55+00:00","og_image":[{"width":1000,"height":666,"url":"https:\/\/www.daikin.com.sg\/business\/wp-content\/uploads\/sites\/3\/2026\/07\/Daikin-and-SP-Group.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.daikin.com.sg\/business\/blogs\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\/","url":"https:\/\/www.daikin.com.sg\/business\/blogs\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\/","name":"Daikin Singapore Signs JV with SP Group for Largest Industrial District Cooling System - Daikin Business","isPartOf":{"@id":"https:\/\/www.daikin.com.sg\/business\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.daikin.com.sg\/business\/blogs\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\/#primaryimage"},"image":{"@id":"https:\/\/www.daikin.com.sg\/business\/blogs\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\/#primaryimage"},"thumbnailUrl":"https:\/\/www.daikin.com.sg\/business\/wp-content\/uploads\/sites\/3\/2026\/07\/Daikin-and-SP-Group.jpg","datePublished":"2022-05-18T04:52:40+00:00","dateModified":"2026-08-01T10:00:55+00:00","breadcrumb":{"@id":"https:\/\/www.daikin.com.sg\/business\/blogs\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.daikin.com.sg\/business\/blogs\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.daikin.com.sg\/business\/blogs\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\/#primaryimage","url":"https:\/\/www.daikin.com.sg\/business\/wp-content\/uploads\/sites\/3\/2026\/07\/Daikin-and-SP-Group.jpg","contentUrl":"https:\/\/www.daikin.com.sg\/business\/wp-content\/uploads\/sites\/3\/2026\/07\/Daikin-and-SP-Group.jpg","width":1000,"height":666},{"@type":"BreadcrumbList","@id":"https:\/\/www.daikin.com.sg\/business\/blogs\/daikin-singapore-signs-jv-with-sp-group-for-largest-industrial-district-cooling-system\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.daikin.com.sg\/business\/"},{"@type":"ListItem","position":2,"name":"Daikin Singapore Signs JV with SP Group for Largest Industrial District Cooling System"}]},{"@type":"WebSite","@id":"https:\/\/www.daikin.com.sg\/business\/#website","url":"https:\/\/www.daikin.com.sg\/business\/","name":"Daikin Business","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.daikin.com.sg\/business\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"acf":[],"_links":{"self":[{"href":"https:\/\/www.daikin.com.sg\/business\/wp-json\/wp\/v2\/blogs\/2496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.daikin.com.sg\/business\/wp-json\/wp\/v2\/blogs"}],"about":[{"href":"https:\/\/www.daikin.com.sg\/business\/wp-json\/wp\/v2\/types\/blogs"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.daikin.com.sg\/business\/wp-json\/wp\/v2\/media\/2497"}],"wp:attachment":[{"href":"https:\/\/www.daikin.com.sg\/business\/wp-json\/wp\/v2\/media?parent=2496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}