Saving the planet by replacing your aircon & reducing your electricity bills?

Seeking the next Gigacorns, today, we talk about the multi-billion dollar investment opportunity of Urban Retrofitting in megacities.

Have you ever heard about HVCA? Well, it stands for Heating, ventilation, and air conditioning. This is the use of various technologies to control the temperature, humidity, and purity of the air in an enclosed space. And yes that’s a massive market, here to stay! In fact, 39% of Global Greenhouse Gases (GHG) Emission comes from the Building Sector (28% from operations, 11% from materials & construction).

Singapore is one of the cities with the most green buildings in the world (Source)

A huge amount of electricity is required to operate buildings (HVAC, lighting) and building materials (concrete, steel, aluminum) and of course, a heavy carbon footprint associated with it. ⅔ of the buildings that existed today will be in use by 2060. “Urban Retrofitting” is the massive market for the new solutions making these buildings greener as well as improving the ambiance and aesthetics of the buildings. This is a market we are looking into with Atlas Capital, so what is urban retrofitting? What…