Corvus Energy awarded the marine world’s biggest battery package for hybrid powered vessel by Norwegian Electric Systems

Bergen, Norway and Richmond, British Columbia, Canada – February 27, 2019 –

Corvus Energy has signed a contract with Norwegian Electric Systems (NES) for the marine world’s largest battery package for hybrid powered vessel to be installed on board Havila Kystruten’s coastal vessels.

 

Big step for the cruising industry

“This is a big step for the cruising industry and we are extremely proud to receive this order. It
demonstrates that we drive technology further by pushing boundaries for the use of batteries. The
Energy Storage System (ESS) is the world’s largest package ever delivered to a ship and will enable
the vessels to enter fjords and ECAs on zero emission mode five years before the deadline,” says Geir
Bjørkeli, CEO of Corvus Energy.

Corvus Energy will deliver an air-cooled ESS with Corvus’ patented single-cell thermal isolation, which
exceeds class requirements, to ensure the highest level of safety.

“There is no one-size-fits-all solution for batteries.You have to optimize and compromise to find the
the right balance between energy density, capacity, performance and lifecycle to ensure the most
optimal ESS solution,” says Stein Ruben Larsen, Senior Vice President Sales at NES, a total system
integrator of electric systems for the global maritime market. “We chose Corvus Energy due to the
proven reliability, safety and performance of the Corvus ESS, in addition to their experience and the
high level of technical support provided through previous project deliveries to NES. We know we are
getting the best ESS available in the market.”

 

Huge unused potential

“It is a pleasure to work with NES on this prestigious project. The Energy Storage System has a
capacity per vessel of 6,100 kWh, which is double the capacity of any existing battery-operated
vessel,” says Roger Rosvold, Vice President Sales at Corvus Energy. “The unused potential for using
batteries on board cruise and passenger ferries is huge. Batteries reduce fuel consumption and
maintenance costs, cut pollution and, with increasing environmental regulations and requirements
that will incur costs for air emissions, provide a very compelling business case. As more and more
shipowners wake up to this, we expect to see uptake accelerating across the board. The industry is
just starting to understand the power of batteries.”

Environmentally friendly vessels

The newbuilds are part of Havila’s contract with Norwegian Ministry of Transport for the construction of four environmentally-friendly vessels that will operate on the Bergen-Kirkenes
coastal route.

Two of the vessels will be built by Turkish shipbuilder Tersan and the remaining by Spanish Barreras.
Featuring a length of 125 meters and a width of 20 meters, the ships will be able to accommodate
700 passengers.

The vessels will have a hybrid gas-electric propulsion system with battery, where four gas-powered
engines in each vessel run the generators. The system is also adapted to the next generation of
technology, using hydrogen fuel cells.

The equipment from Corvus Energy is scheduled for delivery in 2020 and the coastal route vessels
will be in service from 2021.

As the leading manufacturer of energy storage systems for maritime applications, Corvus Energy
provides battery power to more hybrid and all-electric ferries than all other providers of energy
storage systems combined. Corvus offers the innovative Orca ESS solutions portfolio and has
unsurpassed experience from 190+ projects, totaling over 200 MWh and more than 2 million
operating hours.

##############

About Corvus Energy
Corvus Energy provides high power energy storage in the form of modular lithium ion battery
systems to the maritime industry. Its purpose-built, field-proven battery systems provide sustained
power to hybrid and all-electric heavy industrial equipment, including large marine propulsion drives.
Corvus Energy has amassed unsurpassed experience from 190+ projects, totalling over 200 MWh and
more than 2 million operating hours.

For more information, please visit www.corvusenergy.com

Media Contact:

In Europe and Asia                                             In North America

Sonja Vernøy Hansen                                         Sean Puchalski

Marketing Communications Manager               Executive VP Strategy & Business Planning

+47 99 309 309                                                   (604) 227-0280 ext. 123

svhansen@corvusenergy.com                            spuchalski@corvusenergy.com