KALiNA Power: Awards Enerflex contract to modularise KALiNA Cycle

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KALiNA Power: Awards Enerflex contract to modularise KALiNA Cycle

  • KALiNA Power (KPO) has awarded an engineering contract to Enerflex for the modularisation of KALiNA Cycle plants
  • These plants utilise KALiNA’s cycle technology which uses waste heat from industrial processes to save and produce renewable electricity
  • Enerflex made the cut due to its vast engineering and industrial experience in over 50 countries
  • This contract is an important step in KALiNA’s strategy of deploying multiple, combined cycle power plants in Alberta, Canada
  • Alberta increasingly focused on reducing the reliance on coal energy and switching to renewable energy
  • Then the company shares are up 10 per cent and trading for 3.3 cents each
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.
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