Newlight, a startup based in the San Francisco Bay Area, developed a hydrogen injection system that acts as a retrofit for diesel engines on cargo ships. [1]
During the test voyage, Newlight's system reduced fuel consumption by 24% and carbon dioxide emissions by 28%. [2]
Newlight secured a $9 million seed round from investors including lomarlabs, BIRD Energy, Undeterred Capital, CiRi Ventures, and Fusion VC. [3]
The system claims to cut fuel use and emissions by more than 20% and can save vessels as much as $500,000 in annual costs. [4]
Newlight projects annual savings of roughly $500,000 for similar ships and a technology payback period below 18 months. [5]
Newlight reported a 24% reduction in fuel consumption during the 8,500-nautical-mile voyage. [6]
Newlight said its hydrogen-hybrid system completed an 8,500-nautical-mile commercial voyage on a 57,038-DWT Lomar Shipping bulk carrier traveling from Singapore to Ghana. [7]
What this stands on
Newlight, a startup based in the San Francisco Bay Area, developed a hydrogen injection system that acts as a retrofit for diesel engines on cargo ships. · TechCrunch
During the test voyage, Newlight's system reduced fuel consumption by 24% and carbon dioxide emissions by 28%. · TechCrunch
Newlight secured a $9 million seed round from investors including lomarlabs, BIRD Energy, Undeterred Capital, CiRi Ventures, and Fusion VC. · TechCrunch
The system claims to cut fuel use and emissions by more than 20% and can save vessels as much as $500,000 in annual costs. · TechCrunch
Newlight projects annual savings of roughly $500,000 for similar ships and a technology payback period below 18 months. · Interesting Engineering
Newlight reported a 24% reduction in fuel consumption during the 8,500-nautical-mile voyage. · Interesting Engineering
Newlight said its hydrogen-hybrid system completed an 8,500-nautical-mile commercial voyage on a 57,038-DWT Lomar Shipping bulk carrier traveling from Singapore to Ghana. · Interesting Engineering
We could not place any of them by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.
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