renewable energy

are there government rebates or incentives for using energy efficient motors in heavy machinery like excavators

Are there government rebates or incentives for using energy-efficient motors in heavy machinery like excavators?

First, it’s essential to understand why energy-efficient motors are all the rage. These motors not only reduce energy consumption—saving you bucks on utility bills—but they also decrease greenhouse gas emissions. It’s a win-win situation! Governments recognize this, and many have implemented programs to encourage the adoption of energy-efficient technologies. In the U.S., for example, the …

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Saudi Arabia’s Zahid Group Eyes Acquisition of South African Giant Barloworld

In a move that could significantly alter the landscape of heavy machinery distribution in Africa, Saudi Arabia’s Zahid Group is reportedly in negotiations to acquire Barloworld Ltd., a leading South African distributor of Caterpillar Inc. machinery. The potential acquisition is valued at approximately 16.4 billion rand, or around $886 million. This development follows an April …

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Fortescue achieves milestone with electric excavator

Fortescue Metals Group has reached a significant operational milestone with one of its pioneering electric excavators, which has efficiently moved over a million tonnes of material in a mere three months since deployment. Positioned at the Cloudbreak mine within the prodigious Chichester Hub, situated in the Pilbara region of Western Australia, this 300-tonne behemoth is …

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