Volvo Penta – main stake in Norwegian marine battery firm: Volvo Penta has reported it has achieved a majority stake in ZEM, a Norwegian supplier of marine battery systems &  thorough electric drivelines.

ZEM has provided battery resolutions for various different applications up to now, counting ferries, offshore supply vessels, high-speed passenger ships & lifeboats.

Volvo Penta will assist the company’s growth by way of its conventional network while ZEM’s experience will support the former company advance its development projects, extending  its range & abilities in marine electromobility.

Volvo Penta has determined its ambition to attain net zero emissions by way of fossil-free, renewable fuels, electric as well as hybrid technologies, while proceeding to supply efficient solutions to the marine industry.

Heléne Mellquist, President of Volvo Penta stated: “Volvo Penta’s vision is to become a leader in sustainable power solutions, where we are driving transformation on land and at sea towards a more sustainable society.

“With this acquisition, we are now able to offer driveline solutions for marine customers through ZEM and also contribute to the broader marine electromobility footprint through battery supply. It is a step forward in our transformation and will also allow Volvo Penta to capture new opportunities.”

Volvo Penta – main stake in Norwegian marine battery firm

, , , , , , , , ,
Previous Post
REGO higher | Cornwall Insight Green Certificates survey
Next Post
Octopus Renewables to set up Scottish onshore wind

Related Posts

Octopus Energy introduce net zero study centre

Octopus Energy introduce net zero study centre: Octopus Energy has just started a new research centre to encourage  policymakers & businesses that would like to invest in clean technologies & green energy. The alleged Octopus Centre for Net Zero facility, that will be situated in London, will incorporate energy technology data &  economic analysis to…
Read More

250 UK homes to get free heat pumps

250 UK homes to get free heat pumps: Low carbon heat pumps are set to be installed in a total of 250 homes across  250 homes across Newcastle-upon-Tyne for free from July. BEIS and E.ON have launched the scheme with the intention of investigating ways of encouraging people to take a greater uptake in adopting…
Read More
Menu

Subscribe to our newsletter!

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

British Utilities will use the information you provide on this form to be in touch with you and to provide updates and marketing.