Corvus Energy AS and BYD Energy Storage have announced the signing of a Strategic Cooperation Agreement (SCA).
The SCA builds on a Memorandum of Understanding (MoU) previously signed in December 2025, which established a long-term, comprehensive framework for cooperation on next-generation marine battery technologies.
Bringing together two of the largest companies within the global transportation battery sector; the SCA formalises the next phase of an existing partnership, setting teh foundation for the co-development of next generation marine battery solutions.
Working together, both Corvus Energy & BYD Energy Storage will work to accelerate the maritime energy transition, combining the former’s deep expertise in marine system integration with the latter’s advanced cell technology in an effort to develop a low-cost, safe battery system optimised for more demanding marine environments.
Fredrik Witte, CEO of Corvus Energy, 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.
Both parties will come 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.
