[ad_1]
Marine battery system developer EST-Float Tech has received an investment of 4 million euros from Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc, Yard Energy.
The Energy Transition Fund Rotterdam is investing €3 million in the fund’s first investment in marine battery systems. Existing shareholders will jointly invest 1 million euros.
The announcement was made by Chantal Siegers, Rotterdam City Councilor for Climate, Architecture and Housing. “Energietransiefonds Rotterdam” is the investment fund of the City of Rotterdam.
Developed and produced by EST-Floattech lithium ion battery system Used for electric and hybrid propulsion of inland vessels, ferries, yachts, etc. Combined with in-house developed software, this system delivers significant improvements in terms of CO2 emissions, fuel costs, noise pollution and air quality.
Examples of cooperation in the marine ecosystem: As fund manager of the Rotterdam Energy Transition Fund and investor of the Rotterdam Port Fund, InnovationQuarter is closely involved in investments. Rotterdam Port Fund is a private investment fund focused on innovation in the port sector. The Fund played a key role in realizing the deal and demonstrated the close cooperation within the Southern Netherlands Maritime Cluster. EST-Floattech contributes to this ecosystem through its many customers in Rotterdam. Damen and Kotug. Innovations in electrification are consistent with both the Regional Maritime Agenda 2030 and the Rotterdam/Hague Regional Energy Strategy.
Inland shipping and shipping together account for 16.5% of the Netherlands’ CO2 emissions. Furthermore, the transportation of goods by water is expected to increase significantly in the coming years. The EU aims to increase transport by inland waterways and shorter sea routes by 50% by 2050 compared to 2015.
International shipping is expected to increase by more than 200% between 2023 and 2050. Currently, only 1% of the world’s fleet is electrified, and the sector will need to catch up significantly if it is to reach net zero by 2050.
As of January 1, 2024, the European CO2 emissions trading system has been launched. EU-ETS The increasing costs associated with CO2 emissions are driving interest in electrification in a rapidly growing market. As the second-largest player, EST-Floattech has a big opportunity here, the company says.
Lithium-ion batteries combine light weight, high energy density, low self-discharge, and long life. EST-Floattech’s battery management system monitors charge status, discharge status, temperature, and other parameters to ensure efficient and safe operation of batteries. Fire safety is extremely important on ships. At EST-Floattech, safety is our top priority. octopus series The battery system is certified by classification authority DNV, Lloyds Register and Bureau Veritas.
EST-Floattech is working with a Dutch partner on aluminum housings, insulation, electronic components and racks for mounting battery cells. This investment will enable EST-Floattech to continue its growth domestically and internationally. The company is focused on market leadership in northwestern Europe and collaborates with battery manufacturers. durapower For access to Asia and Oceania. EST-Floattech also plans to focus on larger ships in the future.
Joep Gorgels, CFO and CBDO, EST-Floattech“The investment of current shareholders in Rotterdam Energiefonds and EST-Floattech will not only bring in new capital and help us take the next step towards growth, but will also help the Netherlands become a leader in innovation and sustainable energy.” It shows that we believe in the power of With the addition of new partners to InnovationQuarter, together with Ponooc, Yard Energy, Rotterdam Port Fund and PDENH, we continue to build a future that contributes to improving the sustainability of the maritime industry. ”
Chantal Siegers, Rotterdam City Councilor for Climate, Architecture and Housing“Rotterdam is attracting companies willing to invest boldly in the energy transition, and this is something we see at EST-Floattech, whose innovative marine battery technology is an area with much to gain. This contributes to the reduction of CO2 emissions.” It is great to be able to support companies like this through Rotterdam Energy Transit Phone. ”
[ad_2]
Source link
