CR3 is actively growing its clean energy business, which will account for 25% of Group revenues by the end of 2027. This will involve CR3 acquiring more clean energy customers that produce energy using renewable sources like wind, solar, biomass, geothermal, and tidal and exploring alternate entry strategies through partnering with existing players with complementary experience and acquisition.
We are pursuing green projects in biofuels, green hydrogen, and plastics recycling to support our customers in transitioning to a clean energy future. Biofuels can be converted into energy feedstocks to launch us into a more sustainable tomorrow.
At the same time, green hydrogen enables us to combine energy production with storage and transmission systems that could power countries with secure and independent access to clean energy.
Plastic recycling offers a twofold benefit; the first is it tackles one of the most challenging environmental issues plaguing our planet – plastic waste – by turning it into something useful, and the second is providing renewable raw materials that can be used in chemical processes to produce more clean energy.
We believe that our three core skills of energy efficiency, engineering excellence, and sustainable solutions can be of great value in the following clean energy sources.
Hydrogen energy is an increasingly viable energy source for the future. Hydrogen has a high energy density, is non-toxic, and can be generated from renewable sources, making it an excellent way to secure affordable energy supplies.
Unlike brown or grey hydrogen produced from coal or natural gas, respectively, blue and green forms of hydrogen ensure that emissions are kept to a minimum.
Wind farms are one of the most popular forms of clean energy. They harness wind power to produce electricity that can be stored and used whenever needed. However, regular maintenance is required to ensure these wind turbines run at peak efficiency.
This is where CR3’s rotating maintenance solutions, combined with our rope access technicians for applying protective coatings and repairing defects caused by corrosion or bird strikes, ensure that wind turbines stay in the best possible condition over time.
Solar power has become a go-to energy source for households, businesses, and cities worldwide. Renewable, clean, and inexpensive compared to traditional fossil fuels, solar energy can provide a viable alternative to electricity from non-renewable sources.
With its development taking off in sunny regions of the globe, solar energy is becoming an increasingly attractive option for those looking for a cleaner energy supply.
Biofuels are one of the most effective forms of clean energy, as they are created from animal fats, waste oils, and plant-based materials such as soybeans or palm oil. However, traditional biodiesel has drawbacks; it still emits carbon dioxide and other pollutants.
Advances in biofuel technology now make Renewable and Sustainable Aviation Fuel (SAF) a viable option for powering planes. The Finnish company Neste Corporation recently launched their production of Renewable HVO (Hydrotreated Vegetable Oil) in Singapore.
Unlike solar power, clean energy sources such as hydroelectric power provide a consistent, reliable source of clean energy that is better for the environment. This is because dams use large amounts of water to generate electricity by forcing it through turbines connected to generators.
CR3’s rotating equipment solutions are ideal for providing preventive maintenance solutions on behalf of large turbine manufacturers. In addition, owners of such facilities welcome CR3’s plant maintenance, industrial cleaning, and full turnaround capabilities. Our use of advanced equipment and multi-skilled personnel helps to minimise downtime and maximise returns.
Although we are still far from an entirely green energy ecosystem, clean energy is critical to driving a cleaner future. Leading energy-producing countries and organisations actively research, innovate, and implement clean energy solutions. Hence, governments must incentivise investments in cleaner alternatives and encourage industries to continue developing larger, more efficient, and more economical processes.
While a mix of energy sources will be around for some time, CR3’s three decades of expertise, innovation, and growth in the energy industry make it ideal for supporting cleaner, clean energy projects. We look forward to seeing powerful results from our commitment to green energy and invite you to join us in embracing a cleaner and greener energy future.