Finland’s Norsepower wins ‘Innovation of the Year’ award

Finland’s Norsepower wins ‘Innovation of the Year’ award

Finland’s Norsepower, the developer of the world’s first commercially viable renewable energy-powered vessel technology has won the ‘Innovation of the Year’ award at the 2016 Electric & Hybrid Marine Awards for its Rotor Sail Solution.

The ceremony took place at the Electric and Hybrid Marine World Expo in Amsterdam, Netherlands on 23 June. The Awards recognise the world’s finest manufacturers, suppliers, engineers, innovations and products in electric and hybrid marine propulsion.

The Norsepower Rotor Sail Solution is a modernised version of the Flettner rotor – a spinning cylinder that uses the Magnus effect to control wind power to propel a ship.

When wind conditions are suitable, the rotor sails allow the main engines to be throttle back, saving fuel and reducing emissions, while generating the power needed to maintain speed and time.

“We strongly believe that the ability to harness the wind as an additional power source and enable a reduction in fuel consumption is the next natural step for the shipping industry,” said Tuomas Riski, CEO of Norsepower. “Our technology is paving the way for returning shipping to sail power as it looks to play its role in transforming to the low carbon economy.”

The technology is the first data-verified and commercial practical auxiliary wind propulsion solution for the global maritime industry.