Synergy Marine will be collaborating with rechargeable batteries developer Alsym Energy and Japanese shipowner Nissen Kaiun to jointly develop non-flammable batteries.
Alsym said it will provide Synergy and Nissen Kaiun with 1 gigawatt of batteries per year for three years starting in the company’s first year of high-volume production, conditional on the battery systems meeting key performance levels and regulatory requirements specific to cargo ships and tankers.
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Alsym’s batteries may be used to propel cargo ships and tankers as they enter and leave ports including Port of Long Beach, power berthed ships, and support peak shaving applications at sea.
The company plans to start pilot manufacturing its non-flammable batteries for EVs, ships, and stationary storage later this year at its facility in Massachusetts, with high-volume production expected to follow in 2025.
These batteries can help reduce risks to crew and cargo, as well as lower insurance costs for fleet managers and shippers.
By manufacturing batteries from low-cost, readily available materials that are inherently non-flammable and non-toxic, we’re providing an economically-viable way to help them decarbonise while also lowering operating expenditures and insurance costs associated with lithium and cobalt-based battery technologies
said Mukesh Chatter, President and CEO at Alsym Energy.