ABS, MARIN Launch Wind Propulsion Project
The classification society ABS and Netherlands based research institute MARIN have launched a Joint Industry Project (JIP) to investigate transparent and validated methods to assess performance of wind-assisted shipping propulsion technologies.The wind propulsion technology is a key driver in owners/operators…
Yaskawa Invests In Large-capacity Kinetic Energy Storage Company, Teraloop
Yaskawa Electric Corporation has completed a strategic investment in Helsinki-based Teraloop, a startup grid- and utility-scale kinetic energy storage company. This equity investment aims to help Teraloop accelerate the steps needed to bring its patent-pending storage solution to the market within the next two years.