Zero emission maritime energy company Corvus Energy and BYD Energy Storage of China have extended their existing partnership by signing a strategic cooperation agreement (SCA).
The new agreement builds on a memorandum of understanding (MoU) signed in December 2025, which created a long-term framework for cooperation on next generation marine battery technologies. The SCA formalises the next phase of this partnership and sets the foundation for the co-development of next generation marine battery solutions
With BYD Energy Storage as one of the largest battery cell manufacturers and Corvus Energy as a leading supplier of marine battery systems, the partnership is said to bring together two global majors to accelerate the maritime energy transition.
Under the SCA, Corvus Energy and BYD Energy Storage will combine Corvus’ experience in marine system integration with BYD Energy Storage’s advanced cell technology to develop a low cost, safe and reliable battery system optimised for demanding marine environments.
Corvus Energy CEO Fredrik Witte said: “This agreement accelerates our ability to deliver highly competitive LFP solutions at scale. By pairing Corvus’ deep maritime knowledge with BYD Energy Storage’s world leading cell technology, we can reduce system cost significantly while maintaining the safety and performance standards this industry needs. No other marine battery supplier matches our safety record or our digital capabilities, which help customers maximise uptime, reduce maintenance, and improve return on investment.”
The two parties will work together in areas such as technological collaboration, resource sharing, and market expansion to jointly advance the R&D, certification, and large-scale deployment of high-rate lithium iron phosphate marine battery systems, and bring them to the global market.
Signing of the strategic cooperation agreement between Corvus and BYD (credit: BYD Energy Storage)
