# Kanin Energy

> Kanin Energy is a clean-energy developer that captures the heat heavy industry throws away - the wasted warmth pouring off cement kilns, steel furnaces and natural gas compressors - and converts it into carbon-free baseload electricity. It pays for the projects, pays the factory for its heat, and sells the resulting power, so a plant can decarbonize without spending a dollar of its own capital. Founded in 2020 and led by CEO Janice Tran, the company works across natural gas, cement, steel, refining and data centers in the US and Canada.

- **Founded:** 2020
- **Headquarters:** Calgary, Alberta, Canada
- **Founders:** Janice Tran (CEO & Co-Founder), Dan Fipke (Co-Founder), Jake Bainbridge (Co-Founder)
- **Team size:** ~23 employees
- **Products:** Waste Heat to Power (WHP), Combined Heat & Power (CHP), Data Center Power Solutions
- **Notable:** First commercial waste-heat-to-power projects announced coming online in 2025-2026, Ohio project expected to cut the University of Dayton's carbon footprint by 71% and offset ~250,000 short tons of CO2e annually, Secured a committed credit facility from PaceZero Capital Partners in August 2025 to scale development across North America

## Products & services

- **Waste Heat to Power (WHP)** — Captures waste heat from industrial processes and converts it into carbon-free baseload electricity using technology-agnostic systems - Organic Rankine Cycle, Steam Rankine Cycle or supercritical CO2 - selected to fit the host facility's heat profile.
- **Combined Heat & Power (CHP)** — On-site cogeneration assets that produce firm power and usable process heat simultaneously, improving overall energy efficiency at industrial facilities.
- **Data Center Power Solutions** — Rapidly deployable on-site power systems for data centers, combining gas turbines, engines, fuel cells and battery storage to meet fast-rising baseload demand.

## Achievements

- First commercial waste-heat-to-power projects announced coming online in 2025-2026
- Ohio project expected to cut the University of Dayton's carbon footprint by 71% and offset ~250,000 short tons of CO2e annually
- Secured a committed credit facility from PaceZero Capital Partners in August 2025 to scale development across North America
- CEO Janice Tran nominated for the 2023 Pritzker Emerging Environmental Genius Award
- Featured in Forbes and Harvard Business Review; Tran a CERAWeek speaker
- Reduces host-facility CO2 emissions by an annual average of ~35,000 metric tonnes per project

## Latest updates

- **2025-08** — Secured a committed credit facility from PaceZero Capital Partners to advance waste-heat-to-power projects across North America.
- **2026-01** — Ohio waste-heat project with Tallgrass and AES Ohio targeted to come into service, powering the University of Dayton campus.
- **2024** — Expanded into on-site data center power solutions to meet surging baseload demand.

## Links

- Website: https://kaninenergy.com
- LinkedIn: https://www.linkedin.com/company/kaninenergy
- Twitter/X: https://twitter.com/kaninenergy
- Facebook: https://facebook.com/kaninenergy

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Profile page: https://yespress.io/kanin-energy
Published by YesPress — https://yespress.io
Last updated: 2026-08-19