#Canada #Toronto #Kanin Energy #PaceZero Capital #Waste Heat

Kanin Energy and PaceZero Capital Partners Forge Partnership for Sustainable Growth

In an exciting development for the renewable energy sector, Kanin Energy has secured a significant credit facility from PaceZero Capital Partners to support its innovative Waste Heat to Power (WHP) projects throughout North America. The announcement made on August 12, 2025, highlights the growing demand for sustainable energy solutions and underscores the commitment of both companies to drive the clean energy transition.

Understanding the Partnership

Founded in 2020, Kanin Energy focuses on transforming industrial waste heat into reliable, carbon-free electricity. Their mission coincides with a rising urgency to decarbonize heavy industries like natural gas, cement, steel, and metals. By utilizing waste heat that would otherwise be lost, Kanin aims to provide clean energy alternatives without requiring extensive upfront investments from partner facilities.

Jordan Peckham, the Founder and CEO of PaceZero, expressed enthusiasm about the partnership, citing the vast growth potential within the waste heat power sector. He stated, “The demand for baseload electricity is rapidly rising; we see immense growth potential for waste heat to power.” His support for Kanin's leadership and vision demonstrates a shared ambition to address energy challenges facing modern industries.

The Role of Innovative Financing

One of the noteworthy aspects of this partnership is the innovative financing model that Kanin Energy implements. Janice Tran, CEO of Kanin Energy, emphasized that the capital provided by PaceZero will significantly enhance their ability to transform project concepts into viable solutions. “Development capital is traditionally the hardest to access,” she shared, highlighting the importance of secure funding in moving crucial projects along the pipeline. This partnership not only facilitates financial backing but enhances the potential for Kanin Energy to unlock the full capacity of waste heat resources available across various industries.

How Waste Heat to Power Technology Works

The technology behind WHP systems is ingenious, employing closed-loop thermodynamic cycles that convert high-temperature exhaust into electricity. Organic Rankine Cycle (ORC) technology is pivotal in this process, utilizing a low-boiling-point working fluid that evaporates and condenses to generate power. This allows Kanin to harness medium-grade heat with minimal disruption to existing operations, enabling industries to continue functioning while transitioning to greener energy sources.

With Kanin’s expertise in project development, encompassing project design, engineering, construction, operations, and maintenance, the potential for delivering clean energy solutions is amplified. By minimizing initial costs and allowing facilities to avoid upfront investments, Kanin assists its industrial partners in reducing carbon emissions, cutting energy costs, and generating revenue from waste streams.

Looking Ahead: A New Era of Clean Energy

As industries seek to mitigate their environmental impact while maintaining profitability, partnerships like the one between Kanin Energy and PaceZero Capital Partners represent a significant step in the right direction. The collaboration signals a renewed focus on sustainability and the urgent need for innovative solutions that drive both economic and environmental benefits.

This funding marks just the beginning of a broader initiative aimed at expanding clean energy access throughout North America. With challenges such as climate change and energy sustainability at the forefront of global discussions, the work undertaken by Kanin and its partners will play an integral role in shaping a more sustainable future for heavy industries.

In summary, as Kanin Energy moves forward with its waste heat to power projects, backed by PaceZero's support, it stands poised to lead the charge in the transformative shift toward clean energy solutions, demonstrating the potential of collaborative efforts in addressing the urgent energy needs of our time.