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35 high-quality applications received from almost 20 countries

Applications for CaaS incubator projects were due February 14th and the team has received a great response from around the world – 35 applications!

 

We recently issued a global call for project proposals offering highly efficient air-conditioning or refrigeration solutions using low-global-warming potential or natural refrigerants. In just a few short weeks, the team received applications from 18 different countries – a huge success.

 

We are delighted to see so much interest from technology providers to implement the CaaS model,” said Thomas Motmans, Sustainable Energy Finance Specialist at BASE. “We have received a great number of high-quality applications and it will be challenging to select only five for the CaaS Incubator!

 

From these applications, five will be selected to receive free support from BASE to integrate CaaS into their business lines. These companies will receive assistance on technical, legal and financial aspects to implement the CaaS model, such as contractual arrangement, pricing strategy, and financial structuring, including risk mitigation mechanisms, among others. At the end of the incubator program, the aim is to have providers fully equipped to launch their first demonstration project.

 

On March 3rd we will announce the five winners. Stay tuned!

 

Breakdown of applications

Region_transparent
The 35 applications spanned seven regions and 18 different countries.
Technology_transparent
With regards to technology, applications were received for air conditioning (other), air conditioning (chiller), air conditioning (VRV/VRF), off-grid refrigeration, and on-grid refrigeration projects
Industry_transparent
Divided by industry, applications ranged from agriculture to hospital, airport, cold chain, and school/university. The vast majority were for commercial or industrial projects.