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Shell Ventures Invests in Corvus Energy’s Maritime Energy Storage Solutions

Developer and supplier of advanced energy storage systems (ESS) for maritime, offshore, subsea and port applications Corvus Energy, has published a press release regarding their new investment deal with Shell Ventures.

Corvus Energy’s lithium-ion-based energy storage systems are used in more than half of all battery hybrid and zero-emission vessels around the world. With Shell's support, the company hopes to strengthen its position in the international maritime energy storage market. Shell, for its part, has decided to invest in Corvus to improve the carbon footprint of its own product portfolio. Shell sees Corvus Energy as a strong partner on a future-oriented path, as Kirk Coburn, Investment Director in Shell Ventures, emphasized in the following quote: “Corvus Energy is strong partner for Shell. The energy sector is going through a major transition as the trend towards renewable generation and electrification of many sectors accelerates. Current hybrid and zero-emission projects have proven that the potential for reducing costs and cutting emissions are substantial, which Shell will take advantage of in its offshore operations. We look forward to working together with Corvus Energy’s renowned technological know-how and unique expertise in maritime energy storage to develop innovative and competitive solutions also in fields where it has not been used before.”


Source: Corvus Energy | www.corvusenergy.com

Image Source: Pexels | www.pexels.com

The ees International Magazine is specialized on the future-oriented market of electrical energy storage systems, not only from a technological-, but also a financial and application-oriented point-of-view. In cooperation with ees Global, the ees International Magazine informs the energy industry about current progress and the latest market innovations.
Contact: Xenia Zoller - zoller(at)ees-magazine.com

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