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 infrastructure
• Expanding the foundation for the commercialization of waste heat recovery power generation targeting North American pipeline boosters

CALGARY, AB and SEOUL, South Korea, May 21, 2026 /PRNewswire/ -- Hanwha Power (CEO Rafi Balta) announced on the 20th local time that it had signed a non-binding memorandum of understanding (MOU) with Pembina Pipeline Corporation (Pembina), a leading Canadian energy transportation and midstream service provider that has served North America's energy industry for more than 70 years, to collaborate on a low-carbon power generation project.

This collaboration is being pursued in parallel with a waste heat recovery (WHR) project based on supercritical carbon dioxide at compressor stations operated by Pembina, as well as industrial and technological benefits (ITB) linked to Hanwha Ocean's participation in the Canadian Patrol Submarine Project (CPSP).

The MOU is significant as a proposed strategic collaboration that connects Hanwha Group's energy technology capabilities with Canada's local industrial ecosystem. Under this MOU, the two companies plan to jointly assess the feasibility of deploying WHR power generation systems at Pembina's compressor stations and gas infrastructure.

Specifically, the two companies will work together to identify pilot project candidates, jointly assess their technical and economic feasibility, and collaborate on lower-carbon power generation opportunities in the North American midstream market.

Hanwha Power's WHR power generation system is a next-generation technology that uses supercritical carbon dioxide, a working fluid with both liquid and gas properties. It can reduce equipment size, and it is characterized by 100% water-free operation and uncrewed operation.

In particular, this technology is expected to be a promising lower-carbon solution in the North American oil and gas market, where water use is limited, and the need to reduce carbon emissions is high. It can generate electricity without additional fuel consumption by reusing waste heat from industrial equipment, such as gas turbines, thereby improving energy efficiency and reducing carbon emissions. Compared with organic Rankine cycle (ORC) power generation, which uses low-temperature waste heat from factories and incineration plants, it offers better performance, a more compact system, and a non-explosive, non-toxic working fluid.

Pembina, headquartered in Calgary, Alberta, Canada, owns an extensive network of strategically located assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. Through this collaboration, Pembina is expected to improve the energy efficiency of its existing assets, reduce carbon emissions, and explore the application of new green technologies.

Through this collaboration, Hanwha Power plans to expand strategic cooperation in Canada based on its CPSP-linked ITB strategy and strengthen its entry base into the North American market. The company aims to further expand its global business in green power generation solutions.

Hanwha Power's Michael Sicker, Head of the Americas, said, "This collaboration is a meaningful first step toward expanding our green energy solutions business in the Canadian market. By combining ITB-based industrial cooperation with lower-carbon technology, we will contribute to mutual growth with local industry and create long-term business value."

Pembina's Chris Rousch, Senior Vice President, Commercial, said, " Actively exploring opportunities to enhance the efficiency and long-term value of our operating assets is core to our business at Pembina. Our collaboration with Hanwha creates further opportunity to deliver differentiated value for our customers and stakeholders."

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Hanwha Power Signs Strategic Memorandum of Understanding with Canadian Energy Company Pembina Pipeline for Lower-Carbon Power Generation Business

CHONGQING, China, Sept. 26, 2026 /PRNewswire/ -- Gastech 2026 drew 59,468 attendees from more than 150 countries to the Bangkok International Trade Exhibition Centre. Endurance Energy fielded over 100 business inquiries from 1,000+ booth visitors, with Southeast Asia the clear centre of gravity.

A recurring theme on the floor, especially in Thailand, Indonesia and neighbouring markets: many small gas fields and biogas projects clear the geology long before they clear the economics. Much of that gas is stranded not by thin reserves, but by an off-spec composition a conventional train cannot take.

Endurance Energy presented one answer: move the complexity into the factory. Desulfurization, decarbonization, dehydration and mercury removal are integrated with the liquefaction unit into standardized skids. Shipped complete and commissioned quickly on site, they make phased small-field development viable on engineering and economic terms for the first time.

"Small-scale projects rarely fail on engineering," said David Li, the company's Global Business Development Group Vice president. "They fail on schedule, and on who answers when something stops."

The same logic runs across the stand: LNG liquefaction plants, LNG/L-CNG integrated skids, box-type refueling units, mobile CNG equipment and hydrogen solutions, all built to one path: factory prefabrication, whole-station delivery, fast commissioning.

Beyond Southeast Asia, Endurance Energy has an African track record verifiable on the ground. As a core supplier to Nigeria's Abuja CNG Hub programme, it delivers the full equipment package, from compression for CNG mother stations and refueling sub-systems to station integration, plus technical teams for installation, commissioning, O&M standards and local training.

In May, a hub station it supplied entered commercial operation, with the first batch of equipment running stably. Several Nigerian companies have since expressed a clear intent to cooperate.

The company operates 500+ overseas refueling stations across 15+ countries, demonstrating how modular design and localized service accelerate clean energy adoption.

About Endurance Energy

Endurance Energy Equipment Co., Ltd., founded in 1997, is a national high-tech enterprise and one of the few manufacturers offering integrated natural gas and hydrogen processing, liquefaction and refueling equipment, with solutions spanning purification, liquefaction, storage, peak shaving, vaporization, refueling and metering.

For more information, visit www.endurance-energy.com.

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Endurance Energy Wraps Up Gastech 2026 with Southeast Asia Focus on Skid-Mounted Liquefaction and Localized Service