Eco Marine Power and Teramoto Iron works sign patent license agreement for energy-saving propulsion solutions

Eco Marine Power and Teramoto Iron works sign patent license agreement for energy-saving propulsion solutions

Eco Marine Power (EMP), the company that provides renewable energy and fuel saving solutions for the shipping industry, has signed a patent license agreement with Teramoto Iron Works for its EnergySail and Aquarius Marine Renewable Energy (MRE) technologies.

EnergySail is a patented automated rigid sail device that allows ships to utilise wind power to drive propulsion, reducing fuel consumption and lowering emissions.  It can be fitted with solar panels or other devices used to charge batteries or the electrical power fed into a ship’s power system.

The EMP Aquarius MRE concept is a whole integrated system of rigid sails, marine-grade solar panels, energy storage modules and marine computers that enables ships to tap into renewable energy by harnessing the power of the wind and the sun.

The agreement between EMP and Teramoto Iron Works marks a significant step for the commercialisation of EMP’s energy-saving technologies in the shipping industry. Teramoto Iron Works was initially selected in 2016 to manufacturer the first production version of EMP’s EnergySail. This latest agreement now paves the way to full commercial production once sea trials have been completed.

Commenting on this latest agreement with EMP, Mr. Yoshitaka Teramoto, President of Teramoto Iron Works says: “I am proud that our company is at the forefront of bringing the EnergySail towards commercial production and that we are able to demonstrate again, our ability to manufacture high quality and specialised solutions for shipping.”

Greg Atkinson, Chief Technology Officer at Eco Marine Power adds: “There are very few companies in the world that have an established track record in manufacturing large sails for powered ships, so I’m extremely pleased that EMP has been able to expand our relationship with Teramoto Iron Works.”

Eco Marine Power has also developed an Aquarius Management & Automation System (MAS) for performance management (image below). The system logs data and performance of renewable energy systems, fuel consumption, and vessel emissions, and comes with an alarm monitoring platform for ships.