Smart Green Shipping Alliance

clock • 1 min read

Smart Green Shipping Alliance (SGSA) pioneers Maritime Renewables (MR) by combining 21st century technology transferred from yacht racing, renewables, F1, aerospace, automotive, novel materials with traditional naval architecture.

SGSA created FASTRIGS - automated, rugged, freestanding, modular, light, low cost sailing rigs by combining existing techs and novel materials in innovative ways. The system requires no additional crew costs or risks, and leads to no on-deck clutter impeding access to holds.

Fully optimised in small/medium size new build ships and in combination with off-the-shelf biofuelled engines immediate 100 per cent renewable propulsion is possible.

FASTRIGS retrofitted to existing vessels save ~20% fuel, fitted during regular dry docking without losing critical seadays.

SGSA has designed a complementary fuel saving analysis and operation support tool, TRADEWIND, developed with Met Office from their renewables and aviation solutions. Research with ship owners, operators and ports has identified and addressed market and logistics challenges.

Through transferring knowledge from renewables SGSA has created complementary new business opportunities in MR finance that integrates an operation and maintenance (O&M) service - RE:Surge.

More on Investment

Female founders short-changed by climate tech investors again in 2024

Female founders short-changed by climate tech investors again in 2024

Studies find female-led companies are more profitable than their male counterparts despite not having received anywhere near the level of investment that those led by men, or by men and women together, do

Leah Garden. Trellis
clock 17 January 2025 • 2 min read
Green hydrogen: Hygen secures 'multi-million pound' boost from HSBC to fuel UK growth

Green hydrogen: Hygen secures 'multi-million pound' boost from HSBC to fuel UK growth

Deal marks HSBC UK's first investment in the green hydrogen sector

clock 17 January 2025 • 2 min read
GFANZ is in freefall - so what happens next?

GFANZ is in freefall - so what happens next?

The collapse of the idea that a voluntary alliance of financial sector firms could drive sufficient climate and nature ambition is an opportunity to focus on the real issues, writes Finance Innovation Lab's Jon Dennis.

Jon Dennis, Finance Innovation Lab
clock 16 January 2025 • 4 min read