GENNYATION INNOVATOR HYLIION PARTNERS WITH JEC AUGUST 25, 2021, Hyliion Holdings Corp. NASDAQ: HYLN today announced said it has entered into a strategic partnership power systems business headquartered in Hong Kong, with Jardine Engineering Corporation (JEC), to cooperate in the field of synergistic trials with Hyliion Holdings’ revolutionary KARNO technology for power generation projects in Hong Kong, Macau, and JFR.
It is within this regard that the flexible and efficient power generating solution has been built; the solution is referred to as the KARNO generator. The generator is a linear generator architecture; it allows fuel flexibility by operating on a variety of fuels like hydrogen, natural gas, biogas, and propane. Among the key benefits that KARNO technology offers is that it substantially reduces the level of maintenance and emissions compared to the conventional method for power generation. Thereby, it becomes an attractive option for markets that are growingly demanding sustainability and being environmentally responsible.
This underscores the very strong background for JEC, which was established in 1923 for all types of power systems and engineering solutions in the Asia-Pacific region. The firm represents key electric generator suppliers from the USA and Europe, with it being a leading contractor on public works in Hong Kong. With such embracing market knowledge, extensive experience, and reliable implementation capabilities, JEC is very fit to bring Hyliion’s KARNO technology to the region.
This alliance is surely going to bear green power solutions to the markets of JEC, consisting of Hong Kong and Macau, which are places acknowledged for the fast-rising and intensive rate of urban development and concurrently increasing demand for sustainable energy. By leveraging the state-of-the-art technology of Hyliion in KARNO generator technology merged with JEC’s experience and market position, the two corporations will seek to offer a cheap and eco-friendly solution for producing electrical power in a rapidly changing market in that region.
The partnership brings both Hyliion and JEC a step further and ensures that the operational advantages of either are harnessed in exploring new possibilities that will emerge in the power systems. Because of the capability of the KARNO to generate power from more than one source of fuel, it is meant for flexibility purposes in the market most affected by levels of energy needed. Meanwhile, its design features prioritize on efficiency and sustainability, two principles gaining increased force in today’s energy environment.
It is part of firm commitment, the collaboration between Hyliion and JEC toward advancement in green power solutions. Collaboration like this has increasingly become instrumental in asserting accelerated deployment for sustained development in the marketplace, which attains recognition upon global demand of cleaner and more efficient sources of energy. KARNO technology, and its potential in the markets the company targets, will therefore best position Hyliion and JEC to lead the way into the future with more green-oriented energy solutions.
Source: Hyliion