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SP Group has secured a bid to design, build, own and operate a district cooling and heating system for the International Sports Park City in Chengdu, China. SP will invest over RMB 200 million ($37.27 million) under a 19-year energy service contract, with operations expected to start in 2025.
“This is SP’s first deployment in China of such a system, where thermal energy is stored in the form of ice.”spgroup-asia.com
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