
Norsepower receives €2.6 million funding to develop the World’s largest rotor sail
Norsepower Oy Ltd. has been selected to receive €2.6 million in funding to develop the Norsepower Rotor Sail Solution technology. The new models of the technology will include the world’s largest ever Flettner rotor.
Awarded by both the European Commission, and the Finnish Government's funding agency for Innovation, Tekes, the funding will be used by Norsepower to optimise its Rotor Sail Solution to deliver greater fuel savings and enhanced ROI.
The new Rotor Sail models will be ideally suited for tankers, bulk carriers, large ro-pax, and full size passenger vessels where smaller Rotor Sails would be inefficient for achieving the most impressive fuel savings.
The technology has proven commercial applicability, with two small units of Norsepower's Rotor Sails installed on board Bore's ESTRADEN.
Aug 25 2016
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