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COINTURK FINANCE > Business > NEOM to Utilize Electric Hydrofoil Ships by Candela
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NEOM to Utilize Electric Hydrofoil Ships by Candela

Overview

  • NEOM to integrate Candela P-12 electric hydrofoil ships in water network.

  • Vessels to be delivered in 2025 and early 2026, marking Candela’s largest order.

  • Candela P-12 offers high-speed, energy-efficient, and eco-friendly transport.

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COINTURK FINANCE 10 months ago
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Stockholm-based Candela, a leading producer of long-range electric boats, announced that its Candela P-12 electric hydrofoil ships will be integrated into NEOM’s futuristic water transport network in Northwest Saudi Arabia. The agreement marks a significant milestone, with NEOM procuring an initial batch of eight Candela P-12 vessels, making it the largest order in Candela’s history. The delivery of these ships is scheduled for 2025 and early 2026.

Contents
Candela P-12: Specifications and BenefitsCandela’s Vision for Maritime Transport

Candela’s recent announcement follows a €25M funding boost from Groupe Beneteau, increasing its total funds to €70M. Historically, Candela has been at the forefront of developing sustainable maritime transport, as evidenced by the earlier introduction of the Candela P-12. This innovative ship is set to debut in Stockholm’s public transport by the fall of 2024. The vessel’s advanced features have garnered significant attention owing to its energy efficiency and speed compared to conventional ships.

Candela P-12: Specifications and Benefits

Launched last year, the Candela P-12 is designed to be a high-speed, long-range electric passenger ship. It uses 80% less energy than traditional vessels, enabling it to maintain a high speed of 25 knots and an endurance of over 2 hours. The P-12’s digital flight control system constantly adjusts the hydrofoils to ensure stability. Seating between 20 and 30 passengers, depending on the configuration, the P-12 aims to create a zero-emission water transport system.

A study from KTH Royal Institute of Technology in Stockholm found the P-12 emits 97.5% less CO2 over its lifetime compared to a diesel vessel of the same size. The Candela P-12 offers three variants—the Shuttle, Business, and Voyager—tailored to different passenger capacities and needs. The vessel’s high efficiency and minimal environmental footprint make it a revolutionary step in maritime transport.

Candela’s Vision for Maritime Transport

Candela, founded by Gustav Hasselskog, strives to redefine marine transportation through its electric hydrofoil vessels, which offer shorter travel times and enhanced passenger comfort. The company’s mission is to radically improve the performance of electric boats and ships, emphasizing sustainability and efficiency. This vision aligns with NEOM’s ambitious plans for a sustainable and technologically advanced urban landscape.

Integrating Candela’s P-12 into NEOM’s transport network is expected to bring significant environmental and operational benefits. The P-12’s ability to offer frequent departures and quick journeys will enhance the overall commuting experience in NEOM. With minimal emissions, noise, and wakes, these vessels are designed to provide an eco-friendly and efficient transport solution, setting a new standard for water-based commutes.

The delivery of these vessels marks a substantial step forward in sustainable maritime technology. NEOM’s adoption of the Candela P-12 signifies a growing trend toward cleaner, more efficient transport solutions in urban planning. This move could potentially influence other cities to consider similar technologies for their water networks, promoting a broader shift towards sustainable urban transport systems.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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