Building Investment (March-April 2021)

NEWS & EVENTS
Grundfos launches investment-free guaranteed
energy savings programme for Thai businesses
Grundfos, a leading pump and water solutions manufacturer,
has launched a new service model in Thailand that can help local
businesses cut energy consumption by more than one-third,
achieving greater sustainability at a lower cost while supporting
the country’s goal of reducing greenhouse gas emissions by at
least 20% by 2030 1 .
Grundfos Energy Earnings (GEE) is a new shared energy
saving programme where Grundfos absorbs the investment
cost of replacing customers’ current equipment with new
environmentally friendly solutions, as well as installation and
ongoing maintenance. Under this new self-funding service
model, Grundfos and customers will share the realised savings
from GEE for five years. Products offered through GEE include LS
pumps, controllers and energy-efficient motors.
Pumps account for 10% of global energy consumption and
therefore, switching to newer technology can have a significant
positive impact. Advanced pump solutions, which can be used
for various applications across diverse segments, are especially
suitable for the hospitality industry where hotels, entertainment
arenas and other facilities play a critical role in supporting the
Thai economy. GEE can also help municipal electricity authorities
reduce their energy consumption.
Mr Lewis Brown, Grundfos Regional Service Business
Developer, Asia Pacific Region, said, “Sustainability is a very
important part of Grundfos’ DNA. The pandemic this year has
reaffirmed the importance of achieving our climate ambitions,
as we are reminded of the impact human activities have on the
environment. We are committed to helping our customers to
reduce their water and energy consumption to limit their carbon
footprint.
1
In the lead-up to the 2015 Paris Agreement, Thailand proposed its nationally
determined contribution to reduce greenhouse gases by around 20 to 25% by 2030.
Mr Lewis Brown, Grundfos Regional Service Business
Developer, Asia Pacific Region.
“At the same time, we aim to demonstrate that financial
and environmental goals are not mutually exclusive. Our GEE
model showcases the benefits of replacing energy-intensive
equipment with our pioneering technology that can reduce both
environmental and financial costs.”
Grundfos this year launched GEE with Ramayana Water Park
in Pattaya, replacing the existing pumps at Thailand’s largest
water park and enabling it to reduce its energy consumption
by 31%. The project will exceed 1,000,000 kWh in savings and
450 tonnes of CO 2
emissions – about the same as permanently
removing 170 cars off the road.
Financial savings for a customer can reach up to 1.5 million
baht per year of cost saving.
“These savings will have a significant impact on our
customers’ bottom line, as well as our commitment towards
sustainability and the environment. We forecast to reach 30 Asia
Pacific customers within the next five years,” said Mr Brown.
8 Mar-Apr 2021 | www.b-i.biz