What is the story about?
What's Happening?
The Switch, a supplier of permanent magnet shaft generators, has reached a significant milestone by securing its 500th order for shaft generators. These generators are pivotal in the maritime industry's shift towards cleaner and more efficient shipping. By harnessing the main engine's power to produce electricity for onboard systems, shaft generators reduce the reliance on less efficient auxiliary diesel generators. The technology is crucial for meeting the International Maritime Organization's target of net-zero emissions by 2050. The Switch's generators are already operational in over 300 vessels, including container ships and tankers, accumulating more than 5 million operating hours without downtime due to failures.
Why It's Important?
The adoption of permanent magnet shaft generators is a significant step towards reducing the maritime industry's carbon footprint. These generators cut carbon emissions by over 100,000 metric tons annually compared to conventional systems, equivalent to the emissions of 22,000 passenger cars. The environmental benefits are even greater when compared to genset-based systems, with savings of over 600,000 metric tons of CO2 annually. This technology not only supports global decarbonization goals but also enhances fuel efficiency, making it a critical component in the industry's efforts to achieve sustainable shipping practices.
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