Corvus Energy has closed a CAD $6.5m financing credit contract with Export Development Canada.
- Financing will allow Corvus to extend production of its lithium-ion based Energy Storage System, particularly for hybrid ferries in Europe.
- EDC reports that it wants to support the growth potential of cleantech companies in Canada and has a dedicated team to focus on understanding the industry’s needs.
- Corvus receives 99% of its revenue from international contracts and claims that it demonstrates its response to increased global demand for clean energy technology.
Read more on the press release.
Fathom-News
editor@fathom-mi.com