Gree Electric Appliances, Inc. of Zhuhai (Gree) (000651.SZ), the world's leading manufacturer of air conditioners and appliances, has been named the winner of the award 2021 Global Cooling for its innovative "zero carbon source" cooling technology.
Leading AC manufacturer Gree named big winner of 2021 "Global Cooling" award (PRNewsfoto / Gree Electric Appliances, Inc)
"Gree is a global diversified technology industrial group that has expanded its business into household consumer goods and industrial equipment and insists on continuous innovation and R&D to improve people's lives. winner of the Global Cooling award, will reduce the impact of carbon emissions from existing air conditioners by 80%, "said Ms. Dong Mingzhu, CEO and President of Gree Electric Appliances.
The Global Cooling award was launched jointly in 2018 by the Rocky Mountain Institute, Government of India and Mission Innovation, which is committed to developing innovative refrigeration technologies that have a five times (5X) less impact on climate than air conditioning units standards currently available on the market (including indirect carbon emissions generated by electricity from the grid and direct carbon emissions corresponding to the greenhouse effect of soft drinks), aiming to solve the climate threat caused by the increasing demands of residential air conditioners.
Gree's innovative "zero carbon source" cooling technology integrates advanced vapor compression cooling, direct-acting evaporative photovoltaic cooling, ventilation and more, efficiently using renewable energy sources and free cooling sources.
The climate impact of Gree's new project with "zero carbon source" cooling technology is less than the impact caused by one fifth of conventional air conditioners. Through innovation and intelligent design, Gree's climate-compatible technology is a major breakthrough in the energy efficiency limitations of conventional air conditioners.
With rapid population growth and accelerated urbanization, it is estimated that by 2050, global demand for air conditioners will increase from 1.2 billion units in 2016 to 4.5 billion units. When environmentally friendly cooling solutions are effectively promoted and applied, 100 billion tonnes of equivalent carbon dioxide emissions can be avoided, helping the world to mitigate more than 0.5 ° C from global warming by 2100, and at the same time, improve the quality of life for people living in hot and humid climates.
About Gree
Founded in 1991, Gree is a diversified global industrial group that has expanded its business into household consumer goods and industrial equipment under three brands: GREE, KINGHOME and TOSOT.
For more information, visit: http://global.gree.com/ .
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SOURCE Gree Electric Appliances, Inc
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http://global.gree.com
SOURCE Gree Electric Appliances, Inc
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