Jardine Engineering Corporation and Hyllion Sign Memorandum of Understanding to Explore the KARNO Generator’s Potential in Asian Power Generation Markets

(19 August 2024 – Hong Kong) Jardine Engineering Corporation Limited (“JEC”) today announced that it has entered into a non-binding Memorandum of Understanding (MOU) with Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”),  a developer of sustainable electricity-producing technology.

The MOU represents the first step toward a commitment from both companies to work together to explore the potential of Hyliion’s advanced KARNO^TM technology in power generation projects and to collaborate jointly on select business opportunities in Hong Kong, Macau, and other markets where JEC operates. The KARNO generator is a groundbreaking fuel-agnostic solution that utilizes a linear generator architecture to produce electricity both economically and efficiently. Capable of operating on various fuels, including hydrogen, natural gas, biogas, and propane, the generator is expected to offer lower maintenance costs and a significantly reduced emissions profile compared to conventional technologies.

With a history dating back to 1923, JEC is one of the key leaders of power system business in Hong Kong and represents top brand electric generator suppliers from the US and Europe. Headquartered in Hong Kong, JEC is a listed specialist contractor for public works and is a premier provider of electrical and mechanical engineering solutions in the Asia Pacific region. This relationship aims to leverage the advanced capabilities of Hyliion’s KARNO generator, along with JEC’s extensive domain knowledge, market presence, and project implementation capabilities, to provide innovative, sustainable power solutions in this dynamic region.

“Hyliion’s KARNO generator technology aligns perfectly with our commitment to providing advanced and sustainable engineering solutions,” stated Mr. Noky Wong, Chief Executive of JEC. “This collaborative effort with Hyliion represents a strategic step forward in advancing our capabilities and offerings in the power systems sector. Together, we look forward to exploring new ways to enable our customers to achieve engineering breakthroughs in ever more efficient and sustainable ways.”

Thomas Healy, Founder and CEO of Hyliion, added, “We are thrilled to partner with JEC, a leader in integrated power systems with a strong presence in Asia. This collaboration is a significant step in our mission to provide sustainable and innovative energy solutions globally. By combining our innovative KARNO technology with JEC’s extensive market knowledge and engineering expertise, we are confident in delivering exceptional value and performance to meet the evolving energy needs of our customers worldwide.”

The MOU between JEC and Hyllion is subject to the execution of a binding agreement. For more information about JEC and how it helps engineer a better Asia, please visit jec.com. For more information about Hyliion and its innovative electrification solutions, please visit hyliion.com.

About JEC

JEC is a leading provider of engineering services, sourcing and contracting expertise.  It enables customers to operate their facilities at world-class standards by providing the professional expertise to design, supply and install building and specialized processes; facility operation and management; asset enhancement and energy management; and the sourcing of electrical and mechanical equipment and architectural fixtures.

JEC is headquartered in Hong Kong and operates throughout Asia. JEC is a member of the Jardine Matheson Group.

About Hyliion

Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The Company’s primary focus is to provide distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, Ohio, Hyliion is initially targeting the commercial and waste management industries with a locally deployable generator that can offer prime power as well as energy arbitrage opportunities. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The Company aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy.

Contacts

Jardine Engineering Corporation
cherry.wy.tsang@jec.com

Hyliion Holdings Corp.
press@hyliion.com

(30 November 2023 – Hong Kong) Jardine Engineering Corporation Limited (JEC) and Krueger Engineering Group (Krueger) are pleased to announce a strategic investment from JEC in Krueger. This investment signifies a significant milestone for both companies, as they unite to capitalise on growth opportunities.

JEC has always placed great importance on sustainable business expansion to meet the needs of customers. With over 30 years of experience and operations across Hong Kong, Mainland China, and Macau, Krueger brings valuable building services expertise to JEC.

As a leading provider of engineering solutions and services with 100 years of history, JEC has deep expertise in a wide range of E&M solutions. Mr. Noky Wong, Chief Executive of JEC, expressed, “By incorporating Krueger’s building services capabilities, JEC will bolster our suite of multi-disciplinary E&M services, which will enable us to better serve our customers.”

The Managing Partners of Krueger, Mr. Raymond Synn and Mr. Bernard Leung, added, “We are excited about this partnership as it gives us enhanced access to large-scale projects, new technologies, and JEC’s corporate resources.”

Raymond and Bernard will continue as Managing Partners and steer Krueger as it enters a new chapter of growth.

About JEC

JEC is a leading provider of engineering services, sourcing and contracting expertise.  It enables customers to operate their facilities at world-class standards by providing the professional expertise to design, supply and install building and specialized processes; facility operation and management; asset enhancement and energy management; and the sourcing of electrical and mechanical equipment and architectural fixtures.

JEC is headquartered in Hong Kong and operates throughout Asia. JEC is a member of the Jardine Matheson Group.

About Krueger

Krueger offers comprehensive multi-discipline engineering capabilities for design, supply, installation, commissioning, and maintenance of Electrical and Mechanical systems. Engineering expertise encompasses integrated systems. Krueger’s vertically integrated structure allows a “turnkey” service to the Clients and ensure better quality control.

Krueger was established in 1986, and has a strong business presence in Hong Kong, Mainland China and Macau.

Media Enquiry

The Jardine Engineering Corporation Limited
Telephone: 2807 4705
Email: cherry.wy.tsang@jec.com

Krueger Engineering Group
Email: agnesho@krueger.com.hk

It is our great delight to announce that our iconic projects O·PARK2 and Tseung Kwan O Desalination Plant have been awarded the prestigious Gold Awards of CIC Sustainable Construction Award 2023 Presentation Ceremony on 20 November at The Ritz-Carlton.

The CIC Sustainable Construction Award is a pinnacle of recognition celebrating organizations that demonstrate exemplary commitment to sustainable practices and outstanding innovation. Winning not just one, but two Gold Awards is a testament to our project teams’ unwavering dedication to sustainable construction and our relentless pursuit of excellence.

Alex Law, Managing Director – E&M Contracting expressed, “O·PARK2 and Tseung Kwan O Desalination Plant showcase JEC’s core values of integrating sustainability into every aspect of construction, from design and materials selection to energy efficiency and waste management. These achievements would not have been possible without the generous support from our clients, Environmental Protection Department and Water Supplies Department, our joint-venture partners and all the stakeholders.”

We extend our heartfelt appreciation to the esteemed panel of judges at the CIC Sustainable Construction Award for recognizing our contributions. And massive congratulations to our dedicated project teams who have navigated the challenges and have propelled our projects to new heights, setting benchmarks within the industry.

Hong Kong Tallest Landmark ICC’s Chiller Plant to be Digitally Transformed with JEC’s In-House Developed Solution, JEDI for Sustainable and Efficient Energy Management

Jardine Engineering Corporation (JEC) has formulated a charter with Kai Shing Management Services Limited (Kai Shing), a member of Sun Hung Kai Properties to provide artificial intelligence (AI) smart energy optimization at the International Commerce Centre (ICC), a Hong Kong landmark managed by Kai Shing.

ICC is a 118-story landmark skyscraper, comprising 2.5 million square feet of grade-A office space. Under the charter, JEC will help ICC to digitally transform its energy management system through a smart energy optimization solution powered by AI and machine learning technology provided by its in-house digital arm, Jardine Engineering Digital Insights (JEDI).

Kai Shing’s management team will empower JEDI Energy Suite to monitor the operations of their chiller plants and air-conditioning systems in real-time. This AI-powered solution enables the team to achieve energy and cost efficiency through Chiller Plant Optimization by continuously tracking its performance and making automatic adjustments. With Fault Detection & Diagnosis, predictive maintenance is also made possible through predicting and rectifying faults before they occur, in turn increasing economic efficiency of maintenance cycle planning. With the customized rich-data Energy Dashboards, operators can analyze, adjust, and make informed decisions. ICC’s chiller plants have a maximum capacity of 12,000 refrigeration tonnes. This collaboration will last for 24 months, during which JEC and JEDI will work closely with Kai Shing to achieve energy-saving goals.

Kai Shing’s Deputy Managing Director, Kevin Chu shared, “Kai Shing, as a member of Sun Hung Kai Properties, has always put into practice the long-standing belief of its parent company ‘Building Homes with Heart’. The property management sector has been placing great importance in sustainability in recent years. Kai Shing has been actively working with different organization and playing a leading role in various aspects, such as energy saving and carbon reduction, the use of renewable energy and waste management. In 2011, Kai Shing has collaborated with PolyU for the first time to implement a life-cycle commissioning exercise at the air conditioning system of the International Commerce Centre (ICC), the tallest building in Hong Kong. The collaboration has successfully achieved a remarkable energy saving of over 20M kWh between 2012 and 2022. To build on this success, we invited JEC to join the collaboration leveraging JEDI to study and implementing smart energy optimization with AI analytics for ICC. Under the impact of global warming, it is not easy to attain the goal, however, with the support and collaborative efforts from relevant parties, we are confident that Kai Shing is able to do it!”

John Chan, JEC’s Managing Director of Maintenance & Renovation, highlighted that “sustainability is JEC’s key business driver. Innovation helps us deliver the best solutions our clients and communities need in ever more efficient and sustainable ways. We are pleased to make the in-house developed JEDI solution accessible to different sectors across the regions, as it not only allows us to help make our clients’ buildings future-proof, but also unleashes the building’s efficiency to its best performance at every stage of its lifecycle. This year, as we celebrate our centennial anniversary, we are proud to take this as a key milestone that our innovative business and digital strategies are forging new paths for growth.”

JEDI’s smart energy optimization solutions can be customized for specific projects based on the client’s needs, enabling clients in any sector to take advantage of the one-stop services and value-added solutions while reducing their energy costs and advancing their journey towards decarbonization. By working closely with partners who share our vision and commitment, significant contributions can be made towards Hong Kong’s goal of achieving carbon neutrality.

To celebrate the 100^th anniversary of the establishment of Jardine Engineering Corporation (“JEC”), a kick-off ceremony of Noonday Gun firing was held at Causeway Bay on 15 February. The company’s Chief Executive Noky Wong and longest-serving employee, Mr. Kim Wai Pang have joined forces to officiate at the opening ceremony. Mr. Pang has worked in JEC for over 50 years in Maintenance and Renovation team.

Chief Executive Noky Wong remarks, ‘This is a proud moment for JEC. My heartfelt appreciation goes to our staff, customers, business partners and stakeholders for their unswerving support that enables JEC to grow along with Hong Kong over the past Century. Looking ahead, we will manifest upon our motto “Engineering a Century, Leading the Future” for another brilliant chapter.’

First founded in Shanghai in 1923, JEC has since called Hong Kong home with operations in Macau, The Philippines, Singapore, Thailand and Myanmar. The slogan of the centennial celebration is “Engineering a Century, Leading the Future”. Through a deep commitment to innovation and on-the-ground expertise, JEC strives to continue to explore new ventures and assist partners to achieve engineering breakthroughs in ever more efficient and sustainable ways.