Adding to its existing manufacturing plants in the Norwegian Bergen and the Canadian Richmond, the company will set up a 200 MWh/year capacity factory in the Port of Bellingham, north of Seattle.

The output will serve what Corvus Energy estimates to be an $800m market of battery energy storage systems (BESS) in 2030.

According to the company, the biggest demand will come from offshore wind and oil & gas support vessels, passenger ships, ro-ros, and coastal and inland freighters.

The company also says its installed base of BESS, including more than marine 600 projects, has resulted in abating the emission of over one billion CO2.

"We have seen a significant uptake in orders from the US market as well as a growing commitment from the government and industry players on reducing GHG [greenhouse gas] emissions. Increased capacity and production flexibility will be key to meeting anticipated growth. The US factory, along with a more robust sales and service organization, will ensure that we can meet American shipowner's goals and market demand, providing better services to the US maritime industry," Geir Bjørkeli, CEO of Corvus Energy, commented.

Jay Inslee, Governor of the State of Washington, also said, "Corvus continues to thrive as a global leader in the sustainable transition of the maritime industry and I am pleased that they've chosen Washington as their first location in the US. This is a great chapter in the ongoing partnership between Washington and Norway on combatting climate change and bringing to reality the green jobs of the future."

Photo: Corvus Energy