Kokam enters strategic partnership with Shift Clean Energy to green the marine industry

Innovative lithium-ion battery solutions provider, Kokam (a subsidiary of SolarEdge Technologies Inc.) and energy storage system provider, Shift Clean Energy (Shift) on Wednesday announced a long-term strategic partnership for the marine market.

Specifically designed for commercial and industrial applications, Shift's battery design coupled with Kokam's battery cells aim to deliver energy storage solutions (ESS) driving diesel to electricity transition in marine applications. Shift and Kokam will provide its applications and zero-emission solutions to the inland waterways, ports, and wind farms over the next few years, well ahead of the goals set out by the IMO (International Marine Organization) of achieving a 50% reduction in emissions by 2050.

"We are proud to work with Kokam, our partner of choice," said Brent Perry, CEO, Shift Clean Energy. "Our customers can now be confident that when they are choosing Shift to provide them with a climate action solution using electrification, they are getting the advanced lithium cells from Kokam."

According to the partners, the ESS provides fire prevention and durability, when tested at temperatures as high as 950° Celsius for over an hour. Kokam's high-performance battery cells ensure less heat creation and efficient heat dissipation to minimize energy loss and Shift's unique cooling system provides maximized benefits to customers looking to electrify propulsion systems in the marine sector.

"Kokam is delighted to be working with Shift on developing versatile battery solutions for marine applications," said Ike Hong, CMO of Kokam.

"We will continue to develop solutions that contribute to decarbonizing marine power sources to further a more sustainable future," he added.

Kokam is a global market leader in the manufacturing of premium quality lithium-ion battery systems and advanced ESS solutions. It has a total of 420MW ESS installed around the world as of 2021. Kokam's battery solutions are deployed globally across industries including, electric vehicles (EV), energy storage systems (ESS), marine and uninterrupted power supply (UPS).

Shift clean energy offers clean energy solutions based on energy storage systems. It offers a pay-as-you-go PwrSwäp service, based on swappable batteries allowing customers to transition to electrification, integrate ESS and renewable energy for both commercial and maritime applications.