Corvus Energy, a world-leading supplier of maritime energy storage systems (ESS), has acquired all the shares in Grenland Energy AS.
Corvus, which will showcase its maritime battery portfolio at this year’s Electric & Hybrid Marine World Expo, says it recognized the synergies between its business and Grenland Energy, which develops and manufactures lightweight lithium-ion batteries for the maritime, offshore and subsea industry.
Geir Bjørkeli, CEO of Corvus Energy, said, “We knew that Grenland Energy had technology that would accelerate our long-term strategy by complementing and strengthening our product portfolio.
“The market for battery storage is increasing rapidly. It is the perfect time to combine resources, competencies and technologies with an optimized global footprint. We are eager to join forces with innovative companies such as Grenland Energy to offer extended and more specialized solutions and services.”
With this acquisition, lightweight and subsea batteries are added to Corvus Energy’s existing portfolio of large-scale maritime ESS, strengthening the company’s market-leading position as a complete supplier of batteries for a wide variety of seaborne applications.