Maritime CleanTech and partners’ project STEESMAT got €7.8 million in EU funding in order to develop a power distribution system.
The technology being developed in the new STEESMAT project is a medium-voltage direct current (MVDC) power system designed to replace existing conventional alternating current (AC) systems. As stated, this solution allows engines to operate more efficiently at variable speeds while making it easier to integrate various green energy systems on large ships, such as batteries, solar panels, fuel cells, and wind power.
The EU’s 90 million NOK support enables us to develop solutions that not only reduce emissions but also simplify the integration of various sustainable energy sources. I am proud of our partners, who are working together to create a more efficient and climate-friendly shipping industry.
…said Ada M. Jakobsen, CEO, Maritime CleanTech.
Maritime CleanTech is collaborating with 12 European partners, including Norwegian companies such as Sustainable Energy, Wärtsilä, The Switch, and the Norwegian University of Science and Technology (NTNU).
According to the company’s statement, the STEESMAT project aims to commercialize the new technology by 2029, creating opportunities for Norwegian companies both for new shipbuilding and the retrofitting of existing vessels.
The Norwegian maritime industry is a global leader in green solutions, and with this EU collaboration, we are taking another technological leap. This will provide Norwegian companies with new export opportunities while creating jobs and reducing emissions.
…said Andreas Bjelland-Eriksen, Norway’s Climate and Environment Minister.