The company is developing a new lithium ion battery technology for tugboats and ferries. With more than 3% of the world's global carbon dioxide emissions coming from ocean-going ships, battery technology for marine vessels could be a growing industry:
Corvus Energy "says it has patented battery-management systems that will allow for the manufacture of battery systems in the multi-megawatt power range.
A megawatt of electricity is enough to supply about 600 homes, but it's roughly the capacity a large tugboat would need in reserve to push container ships around a port."