Corvus Energy announced new production and R&D expansion plans, which are underway in Canada and Norway. The two new battery factories will be automated and, according to Corvus, will result in eight times the production capacity compared to similar conventional plants.
The Corvus Energy factory in Vancouver, Canada will be expanded and upgraded to house a 200-MWh semi-automated battery production facility. A new product R&D, design and engineering facility will also be developed. The expansion is expected to be complete by the beginning of 2019.
In addition, a 400-MWh fully automated factory and a new marine system testing and development facility will be built in the Bergen region of Norway. It will support strong growth in the Norwegian market from new ferry tenders and a high demand for hybrid energy systems in the offshore and shipping sectors. The new factory, test, and development facilities are expected to be completed by the summer of 2019.
“There is an electric revolution going on in the maritime sector, and we want to deliver the best solutions in the industry. These strategic locations of our R&D and production facilities will enable us to quickly test and develop new systems that can meet the future needs of the industry,” said Geir Bjørkeli, CEO of Corvus Energy. “Further, by switching from manual processing to automated production, we will increase production capacity and remain price-competitive.”
The market for maritime batteries has seen strong growth in recent years. Corvus Energy develops and sells specially designed battery storage solutions for the maritime sectors, and is a leading supplier of batteries for ships.
Corvus Energy was established in Canada in 2009 and has its head office, sales, product R&D, design and engineering, and production facilities in Vancouver, Canada. The Norwegian part of the business, Corvus Norway, was established in 2015 and currently operates sales, service and marketing activities in the Bergen, Norway area. Investors include Equinor Technology Ventures and Norsk Hydro of Norway, and BW Group of Singapore.
As a top manufacturer of energy storage systems for maritime applications, Corvus offers the innovative Orca ESS solutions portfolio and has unsurpassed experience from 140+ projects, totaling over 100 MWh and two million operating hours.