Based in Hong Kong, Blue Sky has successfully developed multiple energy management projects using a variety of technical solutions for leading corporates across Asia. Our award winning projects have consistently generated significant reductions in capital costs, operating costs, energy consumption and emissions.
We partner with Commercial and Industrial building owners and operators who are seeking to integrate Building Energy Efficiency into a Net Zero strategy by developing, financing and derisking energy efficient building retrofits and upgrades as part of a comprehensive, actionable, cost efficient plan.
Blue Sky Energy Asia was founded in 2013 to help building owners and operators identify, select, implement and fund energy efficient retrofits and upgrades of key equipment in their facilities. Leveraging our founder's past experience with with utility scale renewable energy developers and projects, we saw a parallel opportunity to partner with leading engineering companies in the region to work directly with building owners and operators to reduce their energy demand and their carbon footprint by upgrading their building infrastructure to be more efficient.
Blue Sky Energy Asia is led by Tienyu Sieh. Tienyu specialises in Cleantech and Renewable Energy financing. Since the 1990s, he has held a variety of senior roles with leading financial services companies including Merrill Lynch, Zurich Insurance , Goldman Sachs, and Nomura in Hong Kong, New York and Singapore. Tienyu is a graduate of the Management and Technology program at the University of Pennsylvania and began his career with the Singapore Economic Development Board.
We have successfully developed energy efficiency projects in partnership with leading engineering partners for a variety of clients with energy intensive facilities including hotels, telecom infrastructure, retail and office sites.
We have successfully developed and operated multiple projects in Hong Kong and Singapore over the last seven years. Cumulatively, we have helped our clients avoid significant capital expenditures while reducing their energy consumption by over 15 GWh, and eliminating over 11,000 tons of carbon emissions in the process.
From our experience, most buildings are not optimised for energy efficiency for a variety of reasons. These include basic design and configuration, especially versus actual operating requirements, the advent of new and more efficient technology, better data analytics and diagnostics, and aged or malfunctioning equipment.
Depending on the age and type of equipment in use and their operating profile, individual upgrades of specific equipment can generate energy savings of up to 20-50% and comprehensive upgrades of key equipment at a site can result in aggregate savings of between 20 to 40% per year.
We free up our clients' management and financial resources to focus on their core operations by supporting the management of energy intensive "back of the house" assets. We partner with the building owner or operator to review the existing energy footprint, operating profile and relevant equipment before proposing relevant retrofits or upgrades based on a lifecycle cost of ownership. We then fund the agreed projects and assume the performance risk of the upgrades.