BYD Energy Storage and Corvus Energy Sign Strategic MoU to Accelerate Marine Battery Innovation

BYD Energy Storage and Corvus Energy Sign Strategic MoU to Accelerate Marine Battery Innovation

BYD Energy Storage and Corvus Energy Sign Strategic MoU to Accelerate Marine Battery Innovation

Category:

Press Release

Category:

Press Release

Category:

Press Release

Date:

Dec 9, 2025

Date:

Dec 9, 2025

Date:

Dec 9, 2025

Location:

Shanghai, China and Bergen, Norway

Location:

Shanghai, China and Bergen, Norway

Location:

Shanghai, China and Bergen, Norway

CHINESE TRANSLATION CLICK HERE / NORWEGAN TRANSLATION CLICK HERE

BYD Energy Storage, a global leader in the energy storage sector, and Corvus Energy AS (Corvus), the market leader in marine energy storage systems (ESS), today announced the signing of a Memorandum of Understanding (MoU) to establish a strategic collaboration aimed at advancing next-generation battery solutions for the maritime sector.

The MoU strengthens the cooperative relationship between the two companies by combining BYD Energy Storage’s scale and technological leadership in LFP batteries with Corvus Energy’s unparalleled expertise in marine ESS applications. Together, BYD Energy Storage and Corvus will work to accelerate product development, enhance global market reach, and deliver innovative, safe, and high-efficiency energy storage solutions for the global shipping industry.

This MoU represents a significant step forward in our ambition to remain the market leader in high-quality marine battery systems,” said Ole Jacob Irgens, Head of EMEA and Asia at Corvus Energy. “By combining Corvus’ deep maritime understanding and extensive experience in marine battery installations with BYD Energy Storage’s scalability, innovation in LFP technology, and strong global supply chain, we are well positioned to bring new products to market faster and meet the evolving needs of the shipping industry.

As part of the agreement, BYD Energy Storage and Corvus Energy will aim to coordinate global market activities to accelerate the adoption of marine energy storage systems and support the shipping industry’s transition toward cleaner, more sustainable operations.

Corvus Energy will serve as the ESS System Partner and Route-to-Market Partner, leveraging its proven expertise in system integration and its strong customer relationships worldwide.

About BYD Energy Storage
BYD Energy Storage is an industry leader dedicated to the technological R&D and practical application of energy storage systems and equipment. Its innovative new battery technologies are widely deployed across diverse scenarios including electric vessels, electric forklifts, and industrial robots, providing robust support for global new energy applications.

About Corvus Energy
Corvus Energy, headquartered in Bergen, Norway, is the world’s leading provider of zero-emission solutions for maritime, offshore, and port applications. The company offers a comprehensive portfolio of energy storage and fuel cell systems designed to suit nearly every vessel type. Its solutions include modular lithium-ion battery systems and hydrogen-based PEM fuel cells.

With a track record of more than 1,300 projects across offshore, passenger, commercial, and industrial marine segments, Corvus Energy delivers cutting-edge ESS technology supported by a global service and supply chain network. Today, more than 50% of the world’s vessels equipped with zero-emission technology rely on Corvus Energy systems.

For more information, please visit corvusenergy.com.

Marketing & Media Contacts

Corvus Energy – Europe and Asia 
Sonja Vernoy Hansen 
VP Marketing & Communications 
+47 99 309 309 
svhansen@corvusenergy.com   

Corvus Energy – Americas
Angela McClellan
Marketing Manager, Americas 
amcclellan@corvusenergy.com

Picture Caption: Picture from the MoU signing ceremony held in Shanghai during Marintec China. To the left: Tom Wang, Sales Director BYD Energy Storage and to the right: Ole Jacob Irgens, Regional Director EMEA and Asia, Corvus Energy Picture: BYD 

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