The plant will be based at the Port of Bellingham, north of Seattle. Image Credit: Corvus Energy
technology company Corvus Energy sets up a new battery plant in the United States to meet demand from the shipping industry.
The new plant will have an annual production capacity of 200 MWh of stored energy capacity, Corvus said in an emailed statement Thursday. The factory will be based at Bellingham Harborin the north of Seattle.
The company believes that the market for marine energy storage systems could be worth $800 million by 2030.
“We have seen a significant increase in orders from the US market as well as growing commitment from government and industry players to reduce GHG emissions,” Geir BjorkeliCEO of Corvus Energy, said in the statement.
“Increased capacity and production flexibility will be essential to meet the expected growth.
“The US factory, along with a stronger sales and service organization, will ensure that we can meet US shipowners’ goals and market demand, providing better service to the US marine industry.”