Challenge: Reduce Energy Consumption of Industrial Water Heating and Cooling
HAECO is one of the world’s leading independent aircraft engineering and maintenance groups. It’s also one of the largest Maintenance, Repair and Overhaul (MRO) service providers in terms of capacity.
As part of a commitment to sustainability, the business now needs a partner dedicated to reducing its energy consumption from electroplating through a wide range of possible solutions. Find out more
What You Need to Know
The Challenge
To reduce energy consumption associated with industrial water heating, pre-heating and cooling for use in electroplating.
HAECO Landing Gear Services offers electroplating, as a critical part of the landing gear repair process. Electroplating is responsible for ~20 percent of the total electricity consumption of the operation with most of the energy demand coming from heating and cooling of the water and solution required for the process.
We are looking for innovation in areas such as, but not limited to, Efficient heating and colling systems, efficient water-cooling systems, Software-enabled water heaters/chillers, and Materials solutions including innovative passive heating and cooling materials.
The Opportunity
Swire Pacific’s Sustainable Development Fund, an annual HK$100 million fund, seeks primarily to fund proof of concept pilots of innovative technologies and approaches that, when scaled up more widely within the group’s various operations, have the potential to significantly positively impact environmental performance of operating companies.
The innovator chosen for a pilot project aimed at solving the challenge presented here, will be awarded full funding for that pilot after final approval of the suggested pilot by the SD Fund committee. If results are successful, this partner may have the opportunity to scale their solution across the operating company’s operations and, where applicable, across Swire’s portfolio of companies in Property, Aviation, Beverages, Marine Services and Trading & Industrial.
Timeline
- Application Open: 19 April 2021 – Apply Now
- Application Close: 21 May 2021
- Shortlist Selection : 4 June 2021
- Finalists Pitch (virtually): 14 June – 25 June 2021
Find out more about the fund and the selection criteria
Questions? Contact us
About Swire Pacific
Swire Pacific is a Hong Kong based international conglomerate with a diversified portfolio of market leading businesses. The Company has a long history in Greater China, where the name Swire or 太古 has been established for over 150 years.
Our aims are to deliver sustainable growth in shareholder value, achieved through sound returns on equity over the long term, and to return value to shareholders through sustainable growth in ordinary dividends.