CapitaLand has awarded 10 start-ups to testbed their innovations at the firm’s selected properties worldwide.
Among the winners of the CapitaLand Sustainability X Challenge (CSXC) 2022 are CleanAir.ai, Enexor BioEnergy and Sunman Energy, which won the High Impact Award, Most Innovative Award and Carbon Action Hero Award respectively. Each winner will receive a S$100,000 grant to fund their pilot projects.
CleanAir.ai’s ALVI CleanAir Safety System uses sensors and active polarisation to provide buildings with HEPA-class air quality. Enexor BioEnergy’s renewable energy system can convert any combination of organic, biomass, or plastic waste into on-site renewable electricity and thermal power while offsetting significant volumes of carbon dioxide. Sunman Energy has created the world's first glass-free, lightweight and flexible solar panel which can be used on roofs that are unable to support glass modules for static-related reasons.
Seven other innovations on low-carbon transition and water conservation and resilience have won S$50,000 each to fund their pilots. The projects are from Singapore, Canada, China, India, Israel, South Africa, South Korea and the United States.
More than 340 submissions from 50 countries were received this year for the second edition of CSXC, the first global sustainability innovation challenge by a Singapore-based real estate company.
“Through initiatives such as CSXC, our S$50 million CapitaLand Innovation Fund and Smart Urban Co-Innovation Lab, we are galvanizing innovators from around the world and supporting start-ups in the development and commercialization of their technologies to green our portfolio and shape a climate-resilient built environment,” says Lee Chee Koon, group chief executive officer of CapitaLand Investment.