Corvus Energy, the leading supplier of zero- emission solutions for the maritime industry has announced that, as of this week, Corvus Energy battery systems have cumulatively helped their customers reduce 10 million tons* of CO2 since the beginning in 2013.
With shipping accounting for nearly 3% of global greenhouse gas emissions, reducing the industry's carbon footprint has become one of the most pressing challenges in the fight against climate change.
Over the past decade, Corvus Energy has worked closely with integrators, shipowners, operators, and industry stakeholders to implement its innovative battery systems across a wide range of vessels globally. These include many different vessel types from ferries and cruise ships to offshore vessels, workboats and cargo vessels. By integrating battery power with hybrid or fully electric propulsion, Corvus Energy has been able to significantly cut fuel consumption and reduce the environmental impact of maritime transport.
The company’s milestone of cutting 10 million tons of CO2, underscores the scale at which these battery solutions are making a difference. For context, the average car in Europe emits about 1.6 metric tons of CO2 annually. This means that reducing 10 million tons of CO2 for their customers is equivalent to removing more than 6 million cars off the roads for a year.
A Commitment to Innovation and Sustainability
"Reaching the 10-million-tons CO2 reduction mark is an extraordinary achievement for us," says Fredrik Witte, CEO of Corvus Energy. "Helping our customers to cut significant amounts of emissions through our pioneering technology makes us very proud. The future of shipping lies in sustainability. Through our work, we have proven that marine battery energy storage is key in the marine energy transition. By continuing to innovate and scale our zero-emission solutions, we aim to help the shipping industry achieve its environmental targets while supporting the broader goal of a sustainable, carbon-neutral global economy.”
The company’s marine battery systems utilize the latest advancements in lithium-ion battery technologies offering increased energy density, lower weight and increased safety as well as unique digital offerings. In addition, Corvus Energy also supply hydrogen fuel cells built on technology from world leader Toyota. The systems are designed to work in conjunction with existing propulsion systems, allowing vessels to reduce reliance on heavy fuel oil (HFO) and liquefied natural gas (LNG), which are both major sources of CO2 emissions in the maritime sector.
Helps Shipowners save operational costs
By enabling vessels to operate more efficiently and reduce fuel consumption, the battery systems also help shipping companies cut operational costs. With global regulations tightening around emissions, especially in the wake of the International Maritime Organization's (IMO) Greenhouse Gas Strategy, the demand for cleaner, more sustainable shipping solutions has never been higher.
Industry Recognition and Future Goals
Corvus Energy's innovation has not gone unnoticed. The company has garnered recognition from leading environmental organizations, maritime industry experts, and governmental agencies for helping pave the way toward a greener shipping industry. Corvus has also received several prestigious awards for its contributions to environmental sustainability
Looking ahead, Corvus Energy will continue expanding its impact by rolling out its safe, scalable and reliable battery systems and other zero-emission technologies to more ships worldwide.
