Purpose of the project
For better energy efficiency and reduction of carbon footprint, we embarked on an upgrading program to replace the existing split unit air-cooled air-conditioning system to water-cooled central air-conditioning system.
Engaged mechanical engineer and energy consultant to carry out systematic study on the feasibility to upgrade the air-conditioning system, along side with other improvements such as upgrading lighting system to LED, waste recycling, water conservation among others.
Contract for replacement of the existing split unit air-cooled air-conditioning system to water-cooled central air-conditioning system was awarded and implemented in phases.
We expect an estimated savings of 33% in energy costs upon completion of the upgrading works.
Annual energy consumption and greenhouse gas emission (CO2) is estimated to be reduced by 848,985 kWh and 425 tons respectively.
"Alpha Investment Partners Ltd inspires to be a fund manager that creates value while integrating sustainable practices into our invested assets and be socially responsible towards people and environment. We have been constantly exploring means to reduce the carbon footprint of the assets under our management by reducing the energy cost and encourage recycling where possible. The air conditioning system retrofitting at ibis Novena hotel is a great example of how we manage to reduce the energy consumption (hence carbon footprint) while enhance the viability of the asset."