October 22, 2021

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Caterpillar to Expand Hydrogen-Driven Options to Shoppers

DEERFIELD, Sick., Sept. 1, 2021 /PRNewswire/ — Caterpillar Inc. (NYSE: CAT) now declared it will commence giving Cat® generator sets capable of working on 100% hydrogen, like fully renewable green hydrogen, on a designed-to-purchase foundation in late 2021. Extra promptly, the enterprise will launch commercially out there electric power generation alternatives that can be configured to run on purely natural fuel blended with up to 25% hydrogen.

These sector-focused improvements create upon Caterpillar’s hydrogen options portfolio, like Solar® Turbines’ fuel turbine generator sets, which have run on substantial hydrogen blends for many years and are capable of running on 100% hydrogen today. The capacity to operate with hydrogen gas assists address customers’ carbon-reduction targets with significant-executing, cost-helpful technologies.  

“At Caterpillar, we are performing alongside our consumers to comprehend their wants, and they are looking for trusted electric power sources that aid their local weather-relevant objectives,” reported Joe Creed, Caterpillar team president of Electricity & Transportation. “Our continued financial investment in new products and solutions, technologies and companies is one particular way we are supporting them with the good quality options they’ve arrive to depend on from Caterpillar.”  

With the reciprocating motor abilities of up to 100% hydrogen, Caterpillar is increasing on its legacy in gasoline engines and Solar® gasoline turbines with additional than 35 several years of experience with substantial-hydrogen gasoline. Caterpillar continues to make investments aimed at strengthening the functionality of hydrogen-powered alternatives and replicating them across motor platforms as this fuel will probably engage in a position in customers’ programs for a lowered-carbon potential.

About Caterpillar

With 2020 sales and revenues of $41.7 billion, Caterpillar Inc. is the world’s primary manufacturer of development and mining devices, diesel and pure fuel engines, industrial fuel turbines, and diesel-electric powered locomotives. Since 1925, we’ve been driving sustainable progress and encouraging consumers create a far better planet via revolutionary items and companies. Through the product or service daily life cycle, we supply providers designed on chopping-edge technological innovation and decades of item skills. These products and solutions and companies, backed by our world wide supplier community, supply extraordinary price to enable our shoppers triumph. We do small business on every single continent, principally running by means of a few key segments – Design Industries, Useful resource Industries, and Electrical power & Transportation – and providing financing and connected companies by means of our Economic Solutions section. Pay a visit to us at caterpillar.com or sign up for the conversation on our social media channels at caterpillar.com/social-media.

Forward-Hunting Statements

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Caterpillar’s genuine final results may perhaps vary materially from those people explained or implied in our ahead-searching statements based mostly on a range of elements, together with, but not confined to: (i) global and regional economic conditions and economic problems in the industries we serve (ii) commodity value improvements, materials price increases, fluctuations in desire for our goods or major shortages of product (iii) authorities financial or fiscal procedures (iv) political and economic risks, business instability and activities past our command in the international locations in which we work (v) international trade procedures and their influence on demand for our merchandise and our competitive placement, such as the imposition of new tariffs or variations in present tariff charges (vi) our capability to produce, deliver and market place quality goods that satisfy our customers’ requirements (vii) the influence of the very competitive ecosystem in which we work on our income and pricing (viii) details technological know-how stability threats and computer system criminal offense (ix) inventory management conclusions and sourcing techniques of our dealers and our OEM consumers (x) a failure to realize, or a delay in realizing, all of the predicted positive aspects of our acquisitions, joint ventures or divestitures (xi) union disputes or other personnel relations problems (xii) adverse results of unanticipated gatherings (xiii) disruptions or volatility in world fiscal markets limiting our resources of liquidity or the liquidity of our buyers, dealers and suppliers (xiv) failure to preserve our credit rating scores and likely resulting boosts to our value of borrowing and adverse outcomes on our expense of funds, liquidity, aggressive situation and entry to funds markets (xv) our Fiscal Merchandise segment’s risks associated with the fiscal providers business (xvi) adjustments in desire costs or current market liquidity conditions (xvii) an maximize in delinquencies, repossessions or net losses of Cat Financial’s clients (xviii) currency fluctuations (xix) our or Cat Financial’s compliance with economic and other restrictive covenants in debt agreements (xx) increased pension plan funding obligations (xxi) alleged or genuine violations of trade or anti-corruption guidelines and restrictions (xxii) more tax cost or exposure, which include the effect of U.S. tax reform (xxiii) important legal proceedings, claims, lawsuits or govt investigations (xxiv) new polices or changes in monetary products and services laws (xxv) compliance with environmental laws and polices (xxvi) the period and geographic spread of, company disruptions triggered by, and the all round world financial affect of, the COVID-19 pandemic and (xxvii) other aspects explained in extra depth in Caterpillar’s Kinds 10-Q, 10-K and other filings with the Securities and Exchange Fee.

Resource Caterpillar Inc.

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