Corvus participates in EU HYDRA battery development project

A Norwegian-led project to bring forward the introduction of next generation Li-ion battery technology to the marine industry has been awarded EUR9.4 million from the EU’s Horizon 2020 research and innovation fund.

HYDRA project member Elkem plans to make a final investment decision on a large-scale battery materials plant in southern Norway in 2021. (credit: Elkem)

A Norwegian-led project to bring forward the introduction of next generation Li-ion battery technology to the marine industry has been awarded EUR9.4 million from the EU’s Horizon 2020 research and innovation fund.