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Corvus

Corvus strengthens portfolio with Grenland acquisition

Mon, 02/18/2019 - 00:00 -- Hugh Finzel
Geir Bjørkeli (left) and Roman Stoiber, CEO at Grenland Energy

Corvus Energy Holdings has signed an agreement to acquire all shares in Norwegian maritime battery manufacturer Grenland Energy, to “offer extended and more specialised solutions and services”.

The acquisition will add “lightweight and subsea batteries” to Corvus’ existing portfolio of over 200MWh of “large-scale maritime energy storage systems”. Grenland’s current operations will continue without interruption.

“We knew that Grenland Energy had technology that would accelerate our long-term strategy by complementing and strengthening our product portfolio”, said Geir Bjørkeli, CEO of Corvus Energy. “The Grenland team will play a vital role in future R&D programmes within the Corvus family and help shape a hub for leading battery technology.”

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Corvus strengthens portfolio with Grenland acquisition

Mon, 02/18/2019 - 00:00 -- Hugh Finzel
Geir Bjørkeli (left) and Roman Stoiber, CEO at Grenland Energy

Corvus Energy Holdings has signed an agreement to acquire all shares in Norwegian maritime battery manufacturer Grenland Energy, to “offer extended and more specialised solutions and services”.

The acquisition will add “lightweight and subsea batteries” to Corvus’ existing portfolio of over 200MWh of “large-scale maritime energy storage systems”. Grenland’s current operations will continue without interruption.

“We knew that Grenland Energy had technology that would accelerate our long-term strategy by complementing and strengthening our product portfolio”, said Geir Bjørkeli, CEO of Corvus Energy. “The Grenland team will play a vital role in future R&D programmes within the Corvus family and help shape a hub for leading battery technology.”

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Corvus nets Norwegian battery storage contract

Thu, 09/14/2017 - 09:55 -- News Editor
Corvus nets Norwegian battery storage contract

Maritime energy storage firm Corvus Energy is to supply its lithium-ion battery storage products to Norwegian maritime electronics firm, Elmarin AS, for three new fishing vessels with battery-based hybrid propulsion.

Canada-based Corvus said the vessels, to be delivered next year, will each be equipped with 250kwh Orca battery systems. The batteries will supply electrical power for propulsion systems and electrical networks.

 

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