Alsym Energy, Synergy Marine partners for low-cost, rechargeable batteries for marine vehicles
Alsym™ Energy has announced that Alsym and Synergy Marine, in collaboration with Nissen Kaiun (Japan), are developing applications specific to the marine industry using high-performance, cost-effective technology developed by Alsym.
Greenhouse gases from ships are expected to account for 17 percent of total global emissions by 2050 if the industry does not step up its electrification efforts. Port operations contribute substantial amounts of air pollution — up to half of the total emissions in some metropolitan areas — and several ports now require ships to use highly energy-efficient fuels and comply with speed limits within 20 nautical miles of shore, while other Ships are denied the use of auxiliary diesel units when lying in port.
Alsym will supply 1 gigawatt of batteries to Synergy and Nissen Kaiun annually for the next three years, beginning during the company's first year of volume production, provided that the battery systems meet key performance levels and regulatory requirements, particularly for cargo vessels and tanker. Alsy's batteries are used to power cargo ships and tankers as they sail in and out of ports, to power berthed ships, and to provide peak power support to ships at sea. The company plans to start pilot manufacturing of its non-combustible batteries for electric vehicles,
"Zero-emission ships are the future of maritime shipping and we are partnering with like-minded owners, including Nissen Kaiun, to decarbonize every part of the ecosystem as quickly as possible," said Captain Rajesh Unni, Founder, and CEO of Synergy Marine Group.
"By reducing electrification costs and minimizing the risk of battery-related fire events, Alsym's technology is poised to provide a safer alternative to help the shipping industry meet its net-zero emissions goal by 2050 — especially in light of the recent proposal by the European Commission to classify lithium as toxic."
Using low-cost, inherently non-combustible raw materials with the help of robust global supply chains, Alsym now aims to deliver batteries at a fraction of the cost of lithium-based technologies to make electrification both safe and economically viable. These batteries can help reduce risks to crew and cargo, as well as lower insurance costs for fleet managers and shippers.
"Synergy Marine is at the forefront of technology in the marine sector and we are now honored to be involved in the journey of working with owners in their move away from fossil fuels," said Mukesh Chatter, President and CEO of Alsym Energy.
"By manufacturing cost-effective batteries from inexpensive, easily accessible materials that are inherently non-flammable and non-toxic, we offer an economically viable way to contribute to decarbonization while reducing the operational expenses and insurance costs associated with lithium- and cobalt-based batteries Reduce battery technologies."