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Hanwha Power Signs Strategic Memorandum of Understanding with Canadian Energy Company Pembina Pipeline fo

The companies will assess pilot projects that reuse waste heat at compressor stations and midstream assets to cut fuel use and emissions.

  • On Wednesday, Hanwha Power and Pembina Pipeline Corporation signed a non-binding memorandum of understanding to jointly develop low-carbon waste-heat power generation projects across North American energy infrastructure.
  • Using Hanwha's supercritical carbon dioxide technology, the companies plan to deploy waste heat recovery systems at Pembina compressor stations, improving energy efficiency while maintaining 100% water-free operation.
  • This strategic cooperation connects Hanwha Group's energy capabilities with the local industrial ecosystem, operating as part of the ITB program linked to the Hanwha Ocean Canada Submarine Program.
  • Chris Rousch, Senior Vice President, Commercial, said the companies will identify pilot project candidates and assess their technical and economic feasibility to drive differentiated value.
  • The initiative strengthens Hanwha's entry into the North American market while helping Pembina, which has served the energy industry for more than 70 years, explore new green technologies.
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Hanwha Power Signs Strategic Memorandum of Understanding with Canadian Energy Company Pembina Pipeline for Lower-Carbon Power Generation Business

Strategic cooperation is pursued as part of the ITB program linked to the Hanwha Ocean Canada Submarine Program(CPSP)Power generation from waste heat discarded by pipeline boosters, establishing a carbon-reduction solution for North American energy infrastructureExpanding the foundation for the commercialization…

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Benzinga broke the news in New York, United States on Thursday, May 21, 2026.
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