SP Group Targets 360,000 Refrigeration Tonnes in China as District Cooling Demand Grows

Shanghai, 2 November 2026 – Singapore-based SP Group plans to triple its district-cooling capacity in mainland China to approximately 360,000 refrigeration tonnes (RT) by 2031, from its current capacity of around 120,000 RT, as it expands its sustainable energy business across the country. The company, which entered China in 2015 and now operates projects in 20 provinces and municipalities, is positioning itself as an integrated energy solutions provider rather than competing directly with local operators on price.

For Asian businesses and investors, the expansion highlights the growing commercial importance of energy-efficient cooling infrastructure as cities, commercial developments and industrial facilities face increasing energy requirements. The strategy is particularly relevant to markets such as Malaysia, where data-centre development, manufacturing investment and urban expansion are increasing demand for electricity and cooling. SP Group’s approach also illustrates how energy infrastructure providers can differentiate themselves through long-term operating savings, renewable energy integration and digital energy management.