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Norsepower gets financial boost from Finnish Climate Fund to scale up production

The Finnish Climate Fund will provide a capital loan of up to €10 million euros to rotor sail manufacturer Norsepower. ....

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Climate Fund invests €10 million in Norsepower for accelerating emissions reductions in the shipping industry

The Finnish Climate Fund has decided on a capital loan of at most 10 million euros to rotor sail manufacturer Norsepower for increasing its production capacity. Norsepower s products save significant amounts of fuel and can enable emissions reductions measured in the millions of carbon dioxide tonnes during the next decade.

Shipping emissions are a major climate challenge. Approximately 2.5% of global annual greenhouse gas emissions are generated by shipping, and shipping accounts for 13.5% of the EU s total GHG emissions. ....

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French MR Tanker to be Retrofitted with Rotor Sails

Interest continues to grow in the forms of wind power-assisted propulsion as an available technology to help shipping companies and shippers meet the. ....

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Norsepower signs agreement with Dalian Shipbuilding to install Rotor Sails onboard two newbuild CO2 carrier vessels

Norsepower Oy, a global provider of auxiliary wind propulsion systems, announced a contract with Dalian Shipbuilding Industry Co. Ltd. for delivery of single Rotor Sails onboard two newbuild liquefied natural gas (LNG)-powered, wind-assisted CO₂ carriers commissioned by the Northern Lights JV. Northern Lights JV is developing the transportation and storage. ....

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Norsepower Rotor Sails Ordered For CO2 Carrier

Auxiliary wind propulsion systems provider Norsepower Oy Ltd. announced a contract with Dalian Shipbuilding Industry Co. Ltd. ....

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