Sarens, Canada’s top crane rental services and heavy lifting transport, unveiled and investment of $2,5 million Canadian dollars to expand its business to civil engineering, mining, oil and gas, and onshore wind energy.
Firstly, the investment is aimed at buying new equipment to further reinforce its leading position in Canada; where the company has more than 10 years operating. In fact, Sarens has central offices in Edmonton, Fort McMurray, Grande Prairie, Vancouver and Toronto.
In the latter, the company just recently took the construction of the metro line, which is currently the biggest in the country. Other big project of Sarens’ is the erection of Canada’s largest wind turbine; in the Whitla Wind Project in Alberta.
Secondly, the company underlined in its statement that expanding into the onshore wind business was a priority. Indeed, Canada has a wind energy potential like no other. According to the Canadian Wind Energy Association in 2020 the country ended with a total wind capacity of 13,588 MW.
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Sarens to leverage Canada’s wind expansion
It also had 3,000 MW of solar capacity added and significant storage growth. As a result, projections for 2021 are optimistic.
There are currently at least 240 MW of large-scale solar projects under development and 745 MW of wind projects under construction in Canada. Overall, CanREA expects a total of 2 GW of capacity to be installed in 2021.
Consequently, “this is a great investment opportunity in the country; and therefore represents a massive opportunity for Sarens.” Said Lee Rowe, country manager in Canada; while also adding: “we have acted accordingly; investing in new equipment to respond to the growing industry demands toward clean energies.”
Finally, he concluded: “There are many economic, industrial development and environmental benefits related to the adoption of wind energy and we are here to respond to this important trend.”