Norsepower provides auxiliary wind propulsion solutions for commercial vessels using Rotor Sails to generate supplementary thrust. This technology reduces main engine load, leading to decreased fuel consumption and emissions for shipowners and operators.
Funding
$30.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
MFounders
Product
Problem
The maritime industry faces increasing pressure to reduce fuel consumption and greenhouse gas emissions due to volatile fuel prices and evolving environmental regulations. Traditional propulsion systems are energy-intensive, contributing significantly to operational costs and environmental impact.
Solution
Norsepower provides auxiliary wind propulsion solutions through its Rotor Sails, which harness wind power to generate supplementary forward thrust for commercial vessels. This technology enables a reduction in main engine load, leading to decreased fuel consumption and emissions. The system is designed for autonomous operation and can be integrated into various vessel types, offering a proven method for enhancing operational efficiency and environmental performance. Norsepower also offers comprehensive services, from initial feasibility studies and custom design to installation, commissioning, and ongoing maintenance, ensuring seamless integration and optimal performance.
Target Audience
Norsepower targets shipowners, charterers, and operators across various maritime segments, including tankers, bulk carriers, gas carriers, RoRo ships, and passenger vessels, seeking to reduce operational costs and meet environmental compliance requirements.
Features
- Norsepower Rotor Sails™ utilize the Flettner rotor principle to generate propulsive force from wind.
- The system is controlled by the proprietary Norsepower Sentient Control™ system, which optimizes sail operation based on real-time data.
- Offers typically 5-25% fuel savings, verified by third-party organizations such as RISE, NAPA, ABB, LR, and Chalmers University.
- Reduces CO2 emissions by 5-25% or more, with the potential for temporary main engine shutdown in optimal conditions.
- Compliant with International Maritime Organization (IMO) regulations, including EEXI and CII.
- Available in ATEX-compliant versions for hazardous environments, such as product tankers.
- Features a tilting foundation option for specific vessel types, like bulk carriers, to facilitate cargo operations and navigate under bridges.
- Provides a full suite of services including custom prestudy and simulations, business case calculation consulting, installation advisory, commissioning, sea trials, and global maintenance agreements.
- Patented manufacturing processes ensure high-quality and reliable products, with production managed at Norsepower's dedicated factory.
- Ice prevention versions are available for operation in demanding cold-weather conditions.