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Magnuss, LLC Selected to Present at CleanEquity Monaco 2011

NEW YORK Feb. 24, 2011 March 3rd Monaco

http://photos.prnewswire.com/prnh/20110214/CL47472LOGO

Magnuss, LLC was included, by expert selection, as one of the world’s most inspiring cleantech companies, to present to industry-specific, senior financial and strategic investors, policy makers, legislators, end users and media.

Magnuss, LLC is a leading renewable energy ship propulsion technology firm that develops onboard systems designed for today’s global shipping fleet.  Magnuss not only affords a sustainable competitive cost advantage for owner/operators in the worldwide shipping market, but also helps these organizations meet the needs of increasing environmental legislation.  The Magnuss suites of proprietary technologies generate financial value through increased fuel savings and emission reductions. The firm’s chief product, the Magnuss VOSS (Vertically-variable Ocean Sail System) is a mechanical sail — a rotating cylinder installed on a ship that converts wind power into forward thrust, employing a principle of physics called the Magnus Effect.  Using the VOSS, fuel consumption can be cut by up to 50%.  Payback for an owner is expected to be 2-3 years depending on vessel type, wind conditions and fuel price. Virtually all existing cargo vessels and new builds can be retrofitted or outfitted with the Magnuss VOSS wind propulsion system.  

London

Prince Albert II Monaco

CONTACT DETAILS

Magnuss, LLC

Address :

The SoHo Building

110 Greene Street

New York, NY 10012

Phone:

+1 718 878 0417

E-mail:

[email protected]

Website :

www.magnuss.com

CleanEquity Team

E-mail:

[email protected]

Phone:

+44 78 2795 2071

www.cleanequitymonaco.com

SOURCE CleanEquity Monaco

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