Maritime energy storage technology company Corvus Energy has received an undisclosed amount of funding from Statoil's corporate venturing arm.
Statoil Technology Invest, the corporate venturing unit belonging to oil and gas firm Statoil, has invested an undisclosed sum in Canada-based energy storage system developer Corvus Energy.
Corvus builds lithium ion battery-based systems used in maritime hybrid and electric propulsion systems. The technology powers more than 35 commercial hybrid and electric vessels around the world.
Richard Erskine, managing director of Statoil Technology Invest, said: “We are very pleased to invest in Corvus Energy, a recognised leader in large-scale energy storage…
