b'MEMBER NEWSCorvus Energy Marine Battery Systems Reach COEmissions Reduction Milestone2C orvus Energy, a supplier of ze- um-ionbatterytechnologiesoffer- Byenablingvesselstooperatemore ro-emission solutions for theingincreasedenergydensity,lowerefficiently and reduce fuel consump-maritimeindustryrecentlyweight, and increased safety as well astion,thebatterysystemsalsohelp announced that as of early November,unique digital offerings. In addition,companies cut operational costs. Corvus Energy battery systems haveCorvus Energy also supply hydrogen cumulativelyhelpedtheircustomersfuelcellsbuiltontechnologyfromLookingahead,CorvusEnergywill reduce 10 million tons* of COsinceToyota. The systems are designed tocontinue expanding its impact by roll-the beginning in 2013. 2 workinconjunctionwithexistinging out its safe, scalable and reliable bat-propulsionsystems,allowingvesselsterysystemsandotherzero-emission Corvus Energy has worked closely withtoreducerelianceonheavyfueloiltechnologies to more ships worldwide.integrators, shipowners, operators, andandliquefiednaturalgas,whichare industrystakeholderstoimplementboth major sources of COemissions*Source. Estimation of CO 2reduction is based on 2 data from IMO 4th GHG study, DNV and Corvus its innovative battery systems across ain the maritime sector. Operational data.wide range of vessels globally, includ-ing ferries and cruise ships. By integrat-ing battery power with hybrid or fully electricpropulsion,CorvusEnergy has been able to significantly cut fuel consumption and reduce the environ-mental impact of maritime transport.The companys milestone of cutting 10 million tons of CO , underscores the 2scale at which these battery solutions are making a difference. For context, the average car in Europe emits about 1.6 metric tons of COannually. This 2means that reducing 10 million tons of COfor their customers is equivalent 2to removing more than 6 million cars off the roads for a year.Reachingthe10-million-tonsCO2reductionmarkisanextraordinary achievementforus,saysFredrik Witte,CEOofCorvusEnergy.Electrifying Ferries Across AmericaThrough our work, we have provenMaking smart, safe, and sustainable solutions a reality that marine battery energy storage isfor ferries across the Americas.key in the marine energy transition.Thecompanysmarinebatterysys-temsutilizeadvancementsinlithi-65 NOVEMBER 2024'