EMEA News
UK Firms Eye Renewable Energy for Ships
Tuesday August 18, 2020
UK firms Malin Newbuild and Smart Green Shipping are to build a prototype vessel running on wind power and renewable energy.
This could be ready in time for the global environmental conference COP-26 to be held in the UK city of Glasgow next year if the project secures funding.
The technology is called fastrig and £6 million ($7.8m) is needed to put a prototype on the water, according to environmental news provider Business Green.
The developers say that their fastrig technology could be installed on commercial ships to reduce fuel consumption.