Cooling as a Service - An innovative business model which enables users to pay for the amount of cooling used instead of purchasing the systems.
Cooling as a Service (CaaS) is an innovative business model that enables end-users to access clean and efficient cooling solutions without the need of an upfront investment. This servitization model addresses the key market barriers that hinder the adoption of sustainable cooling by allowing customers to pay for the service consumed, on a fixed-fee-per-unit basis. Meanwhile, the ownership of the system remains with the technology provider, who is responsible for all operation costs. Through its CaaS initiative, the Basel Agency for Sustainable Energy (BASE), with support from the Kigali Cooling Efficiency Program (K-CEP) and with the endorsement of the Global Innovation Lab for Climate Finance, has accelerated the adoption of the business model around the world in a variety of sectors and industries, from industrial refrigeration and commercial air-conditioning to agricultural and medical cold chains.
Financially viable Green Cooling
A cooling technology that reduces electricity consumption by 70% without any harmful refrigerant or negative emission.
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