Climate Investment

Norsepower Oy Ltd is a Finnish clean technology and engineering company that specializes in renewable wind energy solutions for the maritime industry. Founded in 2012 and headquartered in Helsinki, Norsepower develops low-maintenance, software-operated auxiliary wind propulsion systems aimed at reducing fuel consumption and greenhouse gas emissions in shipping. The company's flagship product, the Norsepower Rotor Sail Solution, utilizes the Magnus effect through a spinning cylinder to harness wind power for ship propulsion. This innovative technology not only helps lower fuel costs but also enhances the durability and safety of vessels, supporting the maritime industry's transition towards more sustainable operations. Norsepower has received over $6 million in funding from various investors, including venture capital firms and government agencies, to support its development and deployment efforts.

Qnergy Inc. specializes in the development and manufacturing of Stirling engines and systems designed for remote power applications across residential, commercial, and industrial sectors. Founded in 2009 and headquartered in Ogden, Utah, with additional offices in Calgary, Canada, and Houston, Texas, the company offers a range of energy solutions, including generators that convert various heat sources—such as biofuels and high-grade waste heat—into electricity. Additionally, Qnergy provides compressed air pneumatic solutions aimed at reducing methane emissions from pneumatic devices. Its advanced Stirling engine technology, which has roots in miniature cryogenic coolers, is designed to achieve high efficiency, with the capability to generate power and hot water on-site with an efficiency exceeding 90%. The company's systems are maintenance-free, eliminating the need for lubrication and oil changes, thereby enhancing operational efficiency while contributing to reduced emissions.

Qnergy Inc. specializes in the development and manufacturing of Stirling engines and systems designed for remote power applications across residential, commercial, and industrial sectors. Founded in 2009 and headquartered in Ogden, Utah, with additional offices in Calgary, Canada, and Houston, Texas, the company offers a range of energy solutions, including generators that convert various heat sources—such as biofuels and high-grade waste heat—into electricity. Additionally, Qnergy provides compressed air pneumatic solutions aimed at reducing methane emissions from pneumatic devices. Its advanced Stirling engine technology, which has roots in miniature cryogenic coolers, is designed to achieve high efficiency, with the capability to generate power and hot water on-site with an efficiency exceeding 90%. The company's systems are maintenance-free, eliminating the need for lubrication and oil changes, thereby enhancing operational efficiency while contributing to reduced emissions.

Norsepower Oy Ltd is a Finnish clean technology and engineering company that specializes in renewable wind energy solutions for the maritime industry. Founded in 2012 and headquartered in Helsinki, Norsepower develops low-maintenance, software-operated auxiliary wind propulsion systems aimed at reducing fuel consumption and greenhouse gas emissions in shipping. The company's flagship product, the Norsepower Rotor Sail Solution, utilizes the Magnus effect through a spinning cylinder to harness wind power for ship propulsion. This innovative technology not only helps lower fuel costs but also enhances the durability and safety of vessels, supporting the maritime industry's transition towards more sustainable operations. Norsepower has received over $6 million in funding from various investors, including venture capital firms and government agencies, to support its development and deployment efforts.