CapitaLand has unveiled 10 shortlisted innovations as finalists of its CapitaLand Sustainability X Challenge (CSXC) 2022, which has received overwhelming response of more than 340 entries from 50 countries. This far exceeds the over 270 entries from more than 25 countries received for its inaugural challenge last year. CSXC is the first global sustainability innovation challenge by a Singapore-based real estate company.
The 10 finalists from Singapore, Canada, China, India, Israel, South Africa, South Korea and USA will pitch their innovations at CSXC 2022 Demo Day on 20 July as they vie for a chance to pilot their projects at selected CapitaLand properties worldwide and win up to S$50,000 each. Three special recognition award winners (High Impact Award, Most Innovative Award and Carbon Action Hero Award) will receive an additional S$50,000 each. The prizes will go towards covering the cost of their pilots.
The 10 innovations, categorised by CSXCâ€™s challenge statements, are as follows:
Low carbon transition
â€¢ The world’s first glass-free, lightweight and flexible solar panel which is 70% lighter than typical solar panels and can be used on roofs that are unable to support conventional modules.
â€¢ A high-tech coating that uses sunlight to activate a cooling mechanism, effectively providing cooling without electricity and reducing energy consumption by up to 20%.
â€¢ A vertical-axis wind turbine that produces twice the energy of solar panels at a fraction of the size of the common horizontal axis turbines found in large wind farms.
â€¢ Smart louvres that reduce building energy dependency by up to 50% while producing up to 80% of rooftop solar power.
â€¢ A heating and cooling system that utilises a thermal battery made of phase-change material and artificial intelligence (AI) energy control technology to reduce energy consumption by 25-35%.
Water conservation & resilience
â€¢ A technology that helps to improve the efficacy of water meter readings, reducing businesses’ water costs by up to 30%.
â€¢ A chemical-free, automated, and low-energy solution for the treatment of cooling tower water that reduces blowdown water by up to 80%.
â€¢ An intelligent water leakage management platform that integrates high-precision acoustic sensors with AI, IoT, and cloud technology.
Waste management & circular economy
â€¢ A renewable energy system that can convert any combination of waste into onsite renewable electricity and thermal power while offsetting significant volumes of carbon dioxide.
Healthy & safe buildings
â€¢ A clean air system that uses sensors and active polarisation to provide buildings with High Efficiency Particulate Air (HEPA)-class air quality, while reducing energy consumption in buildings.
Ms Lynette Leong, who launched CSXC in 2020 and was recently appointed CapitaLand Investment (CLI)â€™s new CEO, Environment, Social & Governance (ESG) Funds & Stewardship, said: â€œSustainability is a core tenet of CapitaLandâ€™s business, and we are committed to taking an active global leadership role in the transition to a climate-resilient built environment. Through CSXC and provision of sandboxes and funding for the piloting of technologies, we are helping innovators from around the world to accelerate their path towards commercialisation and industry adoption. From CSXC 2022â€™s staggering submissions, we are encouraged by the increasing momentum in technological innovations globally towards solving climate change issues.â€
Mr Vinamra Srivastava, who succeeded Ms Leong as CLIâ€™s Chief Sustainability Officer on 1 July 2022, said: â€œOur CSXC initiatives, S$50 million Innovation Fund and Smart Urban Co-Innovation Lab are pushing the boundaries of innovation to make a substantial, long-lasting impact for a better, more sustainable built environment. Eventually, we hope to see the large-scale implementation of some of these projects in our global portfolio to contribute to our ambitious sustainability targets in our 2030 Sustainability Master Plan and achieve Net Zero emissions by 2050.â€
Catch the finalists live at CSXC 2022 Demo Day on 20 July 2022
The 10 finalists will pitch their projects to an esteemed judging panel comprising a global lineup of senior experts from Temasek, GGV Capital, Golden Gate Ventures, Singapore University of Technology & Design, Matrix Partners China, Rocky Mountain Institute and RSK Group at the CSXC 2022 Demo Day:
Date: Wednesday, 20 July 2022
Time: 2:30pm to 5:30pm (GMT +8)
Venue: The Big Picture, Level 9, Capital Tower, CapitaLandâ€™s headquarters in Singapore
Global live stream platforms: CSXC website, and CapitaLandâ€™s Facebook, YouTube and WeChat channels
Guest-of-Honour: Dr Koh Poh Koon, Senior Minister of State for Sustainability and the Environment, and Manpower, Singapore
The 10 projects were shortlisted based on the impact, potential outcomes, depth of innovation, as well as scalability and effectiveness of deploying the solutions at CapitaLandâ€™s diversified assets across different geographies. The finalists have been paired with leading industry experts for a mentorship programme to prepare them for their pitches.
Over 60 partners globally including firms and institutes in various sectors such as engineering, technology, venture capital, entrepreneurship, and trade, as well as country embassies, are supporting CSXC this year. The partners provide expertise and expand the reach of the challenge, amplifying its efforts to advance innovation and collaboration in sustainability within the built environment.
During Demo Day, a plenary session titled â€˜Transition to Net Zero in the Built Environmentâ€™ will be held, where senior executives from Singapore-based global investor EDBI, and an investment platform company aimed at accelerating decarbonisation globally, GenZero will share their insights.
Pilot projects from CSXC 2021
Seven projects, including the two winners, INOVUES, INC and Climatec Corp, from CSXC 2021, are currently being piloted at CapitaLand properties in India, Singapore and the USA. INOVUES, INCâ€™s insulating glass retrofitting technology which is being testbedded at Creekside 5 in Oregon, USA, is expected to reduce energy consumption by up to 40%. Climatecâ€™s unique water treatment process without chemicals is being piloted at CapitaGreen in Singapore.
Four innovations including an air duct sealing technology using airborne adhesive particles, a waterless self-cleaning technology for solar panels, a new generation bio water saving stick and an indoor air disinfection solution that aims to decrease virus survivability, are being testbedded at CapitaLandâ€™s various commercial, lodging and business park properties in Singapore and India. One pilot, a patented ceramic net which acts as an infrared emitting filter, has been successfully completed in Singapore.