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Sign upCooling as a Service
A service that allows users to pay for cooling instead of purchasing entire systems
01.
Identification
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.
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Label Date
September 15, 2021
By
BASE
From
Switzerland
Maturity stage
Medium and large scale commercialization
Looking For
Network, Visibility, Partners, Credibility
02.
The environmental benefits
- •0% upfront investment
- •Pay per use servitisation model (for instance: $USD / crate of herbs stored in a cold room, or USD/ TR-hour). - TR: Ton of refrigerated air.
- •In industrial or real estate applications: can enable at least 30% improvement in Energy efficiency
- •In the off-grid solar refrigeration agrisector: up to 49% reduction in emissions - related to the removal of diesel generators.
03.
The Financial benefits
- •20% increase in revenues for business implementing CaaS, with constant revenue streams.
- •In the off-grid solar refrigeration agri-sector: 50% increase in farmers income, and 50% reduction in food spoilage.
- •Incentivising a circular economy approach - which potentially further increases business revenues beyond the 20% increase, besides environmental and social benefits.
04.
Activity Region
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Europe
Africa
North america
Mexico, Grenada, Costa Rica, Dominican Republic, Jamaica, United States,
South america
Australia
- Headquarters
- Activity
05.
Company Profile
BASE
Developing financial mechanisms to accelerate the implementation of Energy Efficient and sustainable technologies.
View company profile Solution website
Headquarters
4051 Basel, Switzerland
06.
Related Topics
07.
Related Articles
08.
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator BASE has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.