Temperate Technologies has developed a new energy-efficient air conditioning technology with up to 50% lower annual energy consumption. Our technology offers up to 35% lower total cost of ownership and a 2-year payback period.
The core innovation is a new type of evaporative cooling tower which cools to a much lower temperature and has significantly lower maintenance requirements than existing products. These increase energy efficiency and reduce maintenance costs. We have filed three patent applications to protect our innovation.
The first target market is small-medium sized commercial buildings with air conditioning systems of 10-100 tons (35-350 kW) cooling capacity, which so far was not able to use the energy-efficiency advantage of evaporative cooling towers. These include retail stores, restaurants, banks and office buildings.
Air conditioning is a large and rapidly growing source of greenhouse gas emissions globally. Our technology reduces direct CO2 emissions by up to 50%