SW/TCH Maritime, a New York-based investment platform building the first fleet of zero-emissions maritime vessels in the US, has announced its investment to construct and own the ‘Water Go Round’ e-ferry in collaboration with Golden Gate Zero Emission Marine (GGZEM).
Powered by hydrogen fuel cells, the 84-passenger ferry is currently under construction, using private funding from SW/TCH and a $3m grant from the California Air Resources Board (CARB).
“Commuters are seeking more flexible and enjoyable transportation solutions that avoid traffic around the Bay Area, and we’re honoured to be working with GGZEM and the State of California to develop one of the cleanest possible commuting options, for public use or as a dedicated service that companies can offer their employees,” said Pace Ralli, Co-Founder of SW/TCH.
The San Francisco e-ferry will act as the flagship vessel for SW/TCH’s fleet, marking important step in reducing transportation emissions and road traffic congestion.
“We’re excited to welcome the SW/TCH team to help create solutions for the Bay Area’s growing transportation and emissions challenges,” said Jim Wunderman, President and CEO of Bay Area Council and Vice-Chair of Water Emergency Transportation Authority (WETA).
“The launch of the ‘Water Go Round’ e-ferry later this year will be a landmark advancement in Bay Area waterway transportation.”
Scaling the zero-emission technology will only be possible with investment in new fuelling infrastructure, SWTCH is partnering with Clean Marine Energy (CME) to develop hydrogen fuelling infrastructure onshore.
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