SP Group

The Mobility House Secures $50 Million Series C to Expand Smart Charging and Vehicle-to-Grid Leadership

Retrieved on: 
Thursday, November 3, 2022

The $50 million Series C financing will be used to expand the companys leading market position in the field of electric vehicle smart charging and vehicle-to-grid (V2G) integration across Europe, North America and Asia.

Key Points: 
  • The $50 million Series C financing will be used to expand the companys leading market position in the field of electric vehicle smart charging and vehicle-to-grid (V2G) integration across Europe, North America and Asia.
  • View the full release here: https://www.businesswire.com/news/home/20221103006068/en/
    The Mobility House's $50 million Series C financing raise will be used to expand the companys leading market position in electric vehicle smart charging and vehicle-to-grid (V2G) integration across Europe, North America and Asia.
  • It also has incredible economic and environmental potential for us to tap into, said Robert Hienz, CEO of The Mobility House.
  • The Mobility House has more than 250 employees across its operations in Munich, Zurich and Belmont, Calif. For more information visit mobilityhouse.com .

MHI Group Delivers Two Large-Capacity Centrifugal Chillers for Singapore's Marina Bay District Cooling System

Retrieved on: 
Tuesday, October 4, 2022

Ltd. (MHI-AP) - have jointly delivered two large-capacity centrifugal chillers for a large-scale district cooling system in Singapore's Marina Bay as part of plans to expand the system.

Key Points: 
  • Ltd. (MHI-AP) - have jointly delivered two large-capacity centrifugal chillers for a large-scale district cooling system in Singapore's Marina Bay as part of plans to expand the system.
  • and will bring the total number of centrifugal chillers provided by MHI Group to the Marina Bay area to 18.
  • The GART-400PLS.SCF model centrifugal chillers each have a cooling capacity of 4,200 RT, the largest capacity of all units delivered to the Marina Bay district cooling system to date.
  • Designed, built and operated by SP Group, a leading utilities group and sustainable energy solutions provider in the Asia Pacific, the Marina Bay district cooling system is the world's largest underground district cooling network.

Precision Immersion Cooling Specialist, Iceotope Technologies, Secures £30m Funding from Global Syndicate Led by Impact Investor ABC Impact

Retrieved on: 
Wednesday, July 6, 2022

This alliance will further drive the rapid deployment of Iceotope's technology globally through its holistic suite of data centre solutions.

Key Points: 
  • This alliance will further drive the rapid deployment of Iceotope's technology globally through its holistic suite of data centre solutions.
  • Tan Shao Ming, Chief Investment Officer at ABC Impact said: "Climate and water solutions form a key investment theme for us.
  • Iceotope's precision cooling solutions enable data centres to transit to a more sustainable infrastructure with a reduced environmental and real estate footprint.
  • By increasing efficiency in their use of energy and water, data centres can contribute to global efforts to reduce carbonemissions.

Precision Immersion Cooling Specialist, Iceotope Technologies, Secures £30m Funding from Global Syndicate Led by Impact Investor ABC Impact

Retrieved on: 
Wednesday, July 6, 2022

This alliance will further drive the rapid deployment of Iceotope's technology globally through its holistic suite of data centre solutions.

Key Points: 
  • This alliance will further drive the rapid deployment of Iceotope's technology globally through its holistic suite of data centre solutions.
  • Tan Shao Ming, Chief Investment Officer at ABC Impact said: "Climate and water solutions form a key investment theme for us.
  • Iceotope's precision cooling solutions enable data centres to transit to a more sustainable infrastructure with a reduced environmental and real estate footprint.
  • By increasing efficiency in their use of energy and water, data centres can contribute to global efforts to reduce carbonemissions.

STMicroelectronics Appoints SP Group to Establish Singapore’s Largest Industrial District Cooling System for its Local Manufacturing Site

Retrieved on: 
Wednesday, May 18, 2022

At an estimated project value of 370 million USD over 20 years, it will be Singapores largest district cooling system (DCS) to be implemented for an industrial development when operational in 2025.

Key Points: 
  • At an estimated project value of 370 million USD over 20 years, it will be Singapores largest district cooling system (DCS) to be implemented for an industrial development when operational in 2025.
  • The cooling system will be STs first deployment of district cooling at a manufacturing facility globally.
  • Group Chief Executive Officer of SP, Stanley Huang, said, District Cooling is a key sustainable energy solution to empower a low-carbon future for cities, townships, and industrial parks.
  • The solution centralizes the production of chilled water which is then piped to buildings in the district for air-conditioning and process cooling.

The Mobility House Expands Vehicle-to-Grid (V2G) Solutions to New Global Markets

Retrieved on: 
Tuesday, August 10, 2021

SP Group (formerly Singapore Power), Singapores national grid operator and leading sustainable solutions provider, has increased its initial investment in The Mobility House in conjunction with the start of its V1G and V2G technology trial.

Key Points: 
  • SP Group (formerly Singapore Power), Singapores national grid operator and leading sustainable solutions provider, has increased its initial investment in The Mobility House in conjunction with the start of its V1G and V2G technology trial.
  • View the full release here: https://www.businesswire.com/news/home/20210810005385/en/
    Vehicle-to-grid (V2G) leader The Mobility House expands global technology solutions to Southeast Asia and North America.
  • (Photo: Business Wire)
    The Mobility House has become a market leader in V2G around the world and has demonstrated the broad range of its technology applications.
  • The Mobility House has more than 200 employees across its operations in Munich, Zurich and Belmont, Calif. For more information visit mobilityhouse.com .