Corvus Energy and BYD Energy Storage have signed a Strategic Cooperation Agreement to expand their partnership on next-generation maritime battery technologies.

The agreement follows a Memorandum of Understanding signed in December 2025 and formalises plans to jointly develop marine battery systems for global markets.

Combining Corvus Energy’s expertise in marine system integration with BYD’s battery cell technology, the companies aim to create cost-effective, safe and reliable lithium iron phosphate battery solutions for demanding marine environments.

The partnership will also focus on research, certification, resource sharing and large-scale deployment of marine battery systems worldwide.

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.”  -OGN/ TradeArabia News Service