B.Grimm Power and Texplore Collaborate to Enhance Energy Efficiency in Cold Storage Warehouses

Introduction

B.Grimm Power Public Company Limited (SET: BGRIM) and Texplore Company Limited, a subsidiary of SCG Chemicals (SCGC), have signed a Memorandum of Understanding (MOU) to jointly conduct a feasibility study. The study aims to develop new business models focused on expanding the market for CHILLOX, an energy-efficient solution designed for cold storage warehouses. This initiative emphasizes reducing electricity consumption and improving cooling system efficiency, directly supporting the Sustainable Development Goals (SDGs) related to affordable and clean energy (SDG 7) and climate action (SDG 13).

Objectives and Strategic Alignment

• Enhance and expand the application of CHILLOX solutions to reduce energy consumption in cold storage facilities.
• Explore opportunities to apply CHILLOX technology in other industries requiring consistent temperature control and optimal energy use.
• Leverage combined expertise in technology and energy management to design innovative solutions for industrial customers.
• Align with B.Grimm’s “Green Leap Strategy: Global & Green” under the Industrial Solution Business framework, promoting sustainable industrial development (SDG 9).

Collaborative Expertise and Past Success

1. Partnership Strength: B.Grimm Power and Texplore have a longstanding partnership, previously collaborating on successful projects such as floating solar energy systems within and outside industrial estates.
2. Technological Synergy: Texplore’s technological capabilities combined with B.Grimm Power’s energy management expertise are expected to accelerate the market introduction of new energy-efficient solutions.

Statements from Leadership

• Nopadej Karnasuta, Co-President – Thailand Business and Energy & Industrial Solutions Business at B.Grimm Power, highlighted the strengthened collaboration and expressed confidence in the joint capabilities to innovate and promote sustainable energy solutions.
• Dr. Suracha Udomsak, Chief Operations and Innovation Officer at SCG Chemicals, emphasized SCGC’s commitment to developing technologies and innovations that create positive social and environmental impacts, marking this study as a significant step towards revolutionizing the cold storage warehouse industry.

Impact on Sustainable Development Goals

The collaboration and deployment of CHILLOX solutions contribute significantly to multiple SDGs:

1. SDG 7 – Affordable and Clean Energy: By reducing electricity consumption and improving energy efficiency in cooling systems, the initiative promotes access to sustainable energy solutions.
2. SDG 9 – Industry, Innovation, and Infrastructure: The development of innovative cooling technologies supports sustainable industrialization and fosters innovation.
3. SDG 12 – Responsible Consumption and Production: Optimizing energy use in cold storage and related industries encourages responsible resource management.
4. SDG 13 – Climate Action: Lowering greenhouse gas emissions through energy-efficient cooling solutions contributes to combating climate change.

Broader Industry Benefits

• Reduction of energy consumption and greenhouse gas emissions in cold storage warehouses and other temperature-controlled industries.
• Support for cold chain logistics to maintain product temperatures efficiently, especially in hot climates.
• Significant energy cost savings for businesses, facilitating a transition toward a green economy and a low-carbon society.

Conclusion

The MOU between B.Grimm Power and Texplore represents a strategic partnership aimed at advancing sustainable energy solutions in industrial cooling. This initiative exemplifies a commitment to the Sustainable Development Goals by fostering innovation, reducing environmental impact, and promoting energy efficiency across multiple sectors.

1. Sustainable Development Goals (SDGs) Addressed or Connected

1. SDG 7: Affordable and Clean Energy – The article focuses on energy-efficient solutions and reducing electricity consumption, which aligns with ensuring access to affordable, reliable, sustainable, and modern energy for all.
2. SDG 9: Industry, Innovation, and Infrastructure – The development of new business models and technological innovations in cooling systems supports building resilient infrastructure, promoting inclusive and sustainable industrialization, and fostering innovation.
3. SDG 12: Responsible Consumption and Production – Improving energy efficiency and reducing greenhouse gas emissions in industrial processes contributes to sustainable consumption and production patterns.
4. SDG 13: Climate Action – The initiative aims to reduce greenhouse gas emissions and support the transition to a low-carbon society, directly contributing to combating climate change and its impacts.

2. Specific Targets Under Those SDGs Identified

1. SDG 7 Targets:
   • Target 7.3: By 2030, double the global rate of improvement in energy efficiency.
2. SDG 9 Targets:
   • Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes.
3. SDG 12 Targets:
   • Target 12.2: By 2030, achieve the sustainable management and efficient use of natural resources.
4. SDG 13 Targets:
   • Target 13.2: Integrate climate change measures into national policies, strategies, and planning.

3. Indicators Mentioned or Implied to Measure Progress

1. Energy Consumption Metrics: The article implies measuring reductions in electricity consumption in cold storage warehouses and other industries using CHILLOX solutions.
2. Greenhouse Gas Emissions: Reduction in greenhouse gas emissions is a key outcome, implying the use of emission metrics to track progress.
3. Adoption Rate of Energy-Efficient Technologies: The extent of market expansion and application of CHILLOX solutions in various industries can serve as an indicator of innovation uptake and sustainable industrial practices.
4. Cost Savings in Energy Use: The article mentions significant lowering of energy costs for businesses, which can be tracked as an economic indicator of energy efficiency improvements.

4. Table of SDGs, Targets, and Indicators

Source: kaohooninternational.com