08FEB2019 - NEWS - Energy storage systems supplier Corvus Energy inks agreement to acquire Grenland Energy of Norway

Energy storage systems (ESS) supplier Corvus Energy has recently inked an agreement to acquire Norway’s Grenland Energy. Grenland develops and manufactures lightweight lithium-ion batteries for the maritime, offshore and subsea industry. The acquisition will add lightweight and subsea batteries to Corvus Energy’s existing portfolio of large-scale maritime ESSs. The company will become a complete supplier of batteries for a range of seaborne applications. Following the acquisition, existing Grenland operations will continue and customers will benefit from Corvus Energy’s global sales and service capabilities.

Published by Editor - www.Livebunkers.com at 08-Feb-2019 06:37:40 [UTC] , contact editor at editor@livebunkers.com