Norsepower

Norsepower Profile and History

Norsepower Oy Ltd is a Finnish clean technology and engineering company pioneering modern auxiliary wind propulsion for the global maritime industry. Norsepower's Rotor Sail Solution is a proven, low-maintenance, easy to use, and reliable fuel saving technology, supporting the decarbonisation of the shipping industry. Since its establishment in 2012, Norsepower has generated more than €20 million of funding and has now installed Rotor Sails onboard four vessels, including the latest installation on the Scandlines M/V Copenhagen. Each installation has made significant reductions to fuel costs and emissions, confirmed by independent verifiers such as ABB, NAPA and Lloyd's Register. Other shipowners, charterers, and shipyards have been convinced of Rotor Sail technology's benefits and are taking steps to study the technical and economic feasibility of wind propulsion on their fleet based on these positive results.