Corvus and LG Chem partner up

More than 50 commercial hybrid and electric maritime installations are powered by Corvus technology around the world.

Vessels and equipment that are hybridized or fully electrified with the Corvus ESS aim to consume less fuel, operate more efficiently, improve reliability and emit substantially less emissions.

“We are excited to provide to our customers a step change in cost-per-kWh for purpose-built high quality maritime ESS solutions” said Andrew Morden, CEO of Corvus Energy.

“LG Chem will be one of our most trusted strategic partners and this agreement allows Corvus to better serve our maritime partners.”

The new partnership leverages LG Chem’s R&D, manufacturing and supply chain from the transportation and grid sectors, this aims to ensure access for Corvus to the most cost-effective, high quality cells.

“LG Chem know that success takes not only cost-effective energy storage components and deep customer relationships, but also application-specific engineering to ensure the energy storage is designed for a smooth integration, long-term durability and safe operation aboard a ship”, said Chris H. Cha of LG Chem.

He concluded: “Through its large reference list and leadership in marine ESS innovation and safety, Corvus has demonstrated it is the correct partner.”