Energetix helps existing buildings retrofit for less with Green Mark Incentive Scheme 2.0

Singapore 30 March 2023 - Energetix, the real-time building intelligence and controls platform from Green Koncepts can help existing buildings lower their retrofitting costs. This is by supporting requirements for the Green Mark Incentive Scheme for existing buildings 2.0.

In March 2021, Building Construction Authority (BCA) launched the Singapore Green Building Masterplan (SGBMP) to set out the environmental sustainability ambitions and targets to accelerate the transition to a low-carbon Built Environment. As part of the SGBMP, BCA introduced the $63-million Green Mark Incentive Scheme for Existing Buildings 2.0 (GMIS-EB2.0) on 30 June 2022, with the objective to raise the energy performance of existing buildings and step up the pace to green 80% of our buildings by 2030.

GMIS-EB2.0 supports up to $1,200,000 in grant funding based on the Green Mark certification rating and the extent of carbon emissions reduction achieved through Energy Improvement Works.

Energetix can support attainment of Green Mark certification and energy savings, lowering retrofit costs with GMIS-EM2.0. Some solutions to achieve this include the use of ACMV and intelligent lighting controls to improve energy efficiency.

A client that went through a building retrofit is DBS, whose DBS Newton Green is the first net-zero building in Singapore by a bank.

The 30-year-old, 4-storey office DBS building was retrofitted with innovative technologies and design features, including over 1,000 square metres of solar panels on its rooftop, self-powered solar air-conditioning systems, exhaust fans and lap-posts. Collectively, these technologies reduce its energy consumption by 70%.

See the real-time building energy performance of DBS Newton Green here supported by EnergetixTM.

To see DBS Newton Green's listing on BCA's SLEB Smart Hub site, visit here

For a discussion on how your building can take advantage of grant support from the GMIS-EB 2.0 with EnergetixTM, contact us by clicking the button below.

About Green Koncepts
Green Koncepts is an Enterprise SaaS IoT Platform and Applications company focused on Smart Building and Workplace Systems. We use data and AI to create intelligent systems to drive sustainability, occupant well-being and operational efficiency.

Founded in 2011, Green Koncepts pioneered Singapore's 1st Cloud IoT Energy Management application. With a vision to unleash the full potential of data to optimize systems and operations, we created EnergetixTM, an IoT Platform with an integrated suite of applications that spans Energy Management, Lighting & HVAC Controls, Indoor Air Quality, Equipment Condition Management, Fault Management and Data Centre Infrastructure Management.

Converging OT and IT, Green Koncepts brings together stakeholders across real estate, energy, facility management and IT, accelerating digitalization and optimizing connected portfolios. Leveraging a global partner ecosystem, Green Koncepts serves 100+ clients globally who manage corporate real estate portfolios in industry verticals such as financial services, hospitality, healthcare, industrial, retail and government. For more information, visit www.greenkoncepts.com or follow us on Linkedin




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