EESCO is an energy technology startup from Vietnam that is gradually asserting its position with a solution to optimize the performance of water-based cooling systems (chillers) – one of the most electricity-consuming devices in commercial buildings and industrial plants.
EESCO’s technological development journey began with a practical challenge in the construction and industrial sectors, where chillers account for a large portion of energy consumption yet are often overlooked in energy optimization efforts. The founding team, consisting of technology experts and energy engineers, spent years researching to build a software model based on actual operational data from cooling systems. Instead of requiring a full equipment replacement, EESCO’s platform allows businesses to monitor, analyze, and optimize the operation of their existing systems. Parameters such as cooling load, inlet/outlet water temperature, and Coefficient of Performance (COP) are analyzed in real time to generate optimal operation recommendations.
Unlike traditional solutions that rely on initial design or manual controls, EESCO’s technology acts as an intelligent “brain” that coordinates the chiller system in real time. Even without hardware upgrades, the platform can improve system performance by 10% to 25%. When combined with equipment improvement solutions, this figure can reach up to 40%. This level of improvement is highly meaningful for businesses that operate chillers continuously, such as shopping malls, hotels, food factories, or electronics component plants. The benefits come not only from reduced electricity bills but also from extended system lifespan and reduced maintenance costs.
To date, EESCO has made significant strides in commercializing its product. In 2024, EESCO was honored at the Energy Efficiency Initiative competition organized by the Ministry of Industry and Trade, recognizing the feasibility and positive real-world impact of its solution. In addition, EESCO has attracted attention from several domestic angel investment funds, particularly those focused on sustainable development and green technology.
In the context of Vietnam’s commitment to achieving net-zero emissions by 2050, solutions like EESCO’s are seen as playing a key role. The potential market for cooling system optimization in Vietnam is estimated at over 1.6 billion kWh annually. This opens up opportunities not only for domestic scaling but also for expansion into other developing countries in Southeast Asia – where energy efficiency in the cooling sector remains an unresolved issue.
Amid the emerging green startup ecosystem in Vietnam, EESCO stands as a clear example of how a deep-tech, data-driven, and application-focused solution can create substantial value — not only for businesses but also for the country’s sustainable development goals.
