Corvus Energy has closed a strategic investment from Statoil Technology Invest. Corvus technology powers more than 35 commercial hybrid and electric vessels around the world, with an installed-base totalling over 30 megawatt-hours. Vessels and equipment hybridized or fully electrified with the Corvus ESS, consume less fuel, operate more efficiently and effectively, and emit substantially less greenhouse gases.

“We are building on our success in the offshore supply and service market where we have successfully demonstrated our technology is perfectly suited to the sector’s stringent performance, safety and operational requirements. Offshore supply vessels like the Viking Lady OSV and Edda Ferd PSV that employ the Corvus ESS are field-tested and proven to meet and exceed performance and safety expectations. These vessels run at peak efficiency for longer periods of time, saving fuel and maintenance costs and dramatically reducing emissions, “says Andrew Morden, President & CEO of Corvus Energy.

Tags: Corvus Energy