Shift’s New Tech To Be Used in 1st All-electric Vessel in One of Busiest Ports

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Shift Clean Energy (Shift) announced its involvement in the first all-electric battery swapping vessel in the Port of Singapore, reads an official press release.

The news was shared at a keel laying ceremony, led by SeaTech Solutions International (SeaTech), Yinson GreenTech (YGT), and Goal Zero consortium members, announcing the start of construction on the first all-electric cargo vessel in the Port of Singapore – the Hydromover.

First port to use Shift’s PwrSwäp technology

The all-electric Hydromover, owned by YGT and designed by SeaTech, will be the first to use Shift’s PwrSwäp technology, the first pay-as-you-go energy subscription-service that provides instant clean, renewable energy to ships without risk or obligations. Shift’s industry leading PwrSwäp technology streamlines the transition from diesel powered to hybrid or fully electric, changing the game for energy storage in the marine industry.

The Hydromover will be the most economical and environmentally-friendly option for cargo vessel crafts. Reducing fuel costs by approximately 77% and saving approximately 752 tonnes of greenhouse gas emissions (GHG) from the atmosphere.

Goal Zero consortium

The Goal Zero consortium received one of the three grants awarded by Maritime Port Authority and the Singapore Maritime Institute in August 2021 to research, develop, deploy and commercialize a fully electric cargo vessel with swappable battery infrastructure solutions. Following the extensive research and design phase, the vessel will go into construction and is expected to be finalized and launched in the second quarter of 2023 and ready for commercialisation in 2024.

To date, around 100 vessels have registered interest for PwrSwäp and 12 locations are planned to open by mid-2023.

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Source: Shift Clean Energy