Move will help Cat develop off-grid energy access Caterpillar Venture Capital Inc., a wholly owned subsidiary of Caterpillar Inc., has made an equity investment in Powerhive, a Berkeley, California, U.S.A.-based energy solutions provider for emerging markets. Powerhive, founded in 2011, also has offices in Nairobi and Manila, and received early backing from First Solar. Powerhive develops Read More
“Mining companies are looking at ways to reduce their operating expenses in light of the downturn in the industry,” says Rick Rathe, Managing Director at Caterpillar, Inc. Given that 20-30 percent of operational expenses at most mines are related to energy costs, finding innovative energy solutions is appealing, he contends. “In this environment of cost-cutting and Read More
Join leading mining and renewables experts for a webinar next Thursday October 8th at 11.00 AM EST - click here to sign up. This hour-long webinar will offer current insight from Caterpillar, the leading supplier of diesel generators to the mining sector, on the business pressures and energy priorities of the mining sector. It will also Read More
Caterpillar and First Solar, Inc. today announced a strategic alliance to develop an integrated photovoltaic (PV) solar solution for microgrid applications. Under the agreement, First Solar will design and manufacture a pre-engineered turnkey package for use in remote microgrid applications, such as small communities and mine sites. The package will feature Cat-branded solar panels manufactured by Read More
