Corvus Energy AS, a company focused on zero-emission maritime energy solutions, and BYD Energy Storage, a leader in the energy storage sector, signed a Strategic Cooperation Agreement (SCA) that marks a milestone in the collaboration between the two companies.
The new agreement builds on a Memorandum of Understanding (MoU) signed in December 2025, which created a long-term framework for cooperation in next-generation marine battery technologies. The SCA formalizes the next phase of this partnership and lays the foundation for the joint development of next-generation marine battery solutions.
Fredrik Witte, CEO of Corvus Energy, said that “this agreement accelerates our ability to deliver highly competitive LFP solutions at scale. By combining Corvus’s deep maritime knowledge with BYD Energy Storage’s world-leading cell technology, we can significantly reduce system cost while maintaining the safety and performance standards this industry demands. No other marine battery supplier matches our safety track record or our digital capabilities, which help customers maximize uptime, reduce maintenance, and improve return on investment.”
Both parties will collaborate in areas such as technological cooperation, resource sharing, and market expansion to jointly drive the R&D, certification, and large-scale deployment of high-power marine lithium iron phosphate battery systems, and bring them to the global market.
