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Industry Announcements

Sterling PlanB selected by Garden Reach Shipbuilders and Engineers for Memorandum of Understanding

Press Release: Industrial energy storage experts, Sterling PlanB, and Governmental of India company, Garden Reach Shipbuilders and Engineers (GRSE), have announced a Memorandum of Understanding between the two companies. The MOU is intended to facilitate an increase in access to hybrid and fully electric propulsion and power solutions expertise throughout India.

The MOU comes at a time when increasing pressure from international regulators to achieve emission reduction targets means that all facets of industry must rapidly adjust their operations. The growing economy and development of heavy industries in India, mean that many government and non-government operators in the region are looking to zero emissions and low carbon solutions.

Under the agreement, GRSE and Sterling PlanB have desired “to explore avenues to collaborate to effectively leverage each other’s competence and strengths in adopting Electric/Hybrid Propulsion in ships by way of undertaking new design development to offer state of the art environmentally friendly ships to customers”.

“We are very pleased to be selected by such a respected and important organization,” said Sterling PlanB CEO, Brent Perry. “Their shipbuilding expertise in India is second to none. We look forward to working with GRSE to provide their team with strategic expertise in the practical application of energy storage solutions.”

“Ships transport about 80% of the world’s commodities and maritime transport is responsible for almost 2.5% of total greenhouse gas emissions. The challenge today is therefore to find effective solutions to move away from use of fossil fuels,” said Chairman and Managing Director of GRSE, Rear Admiral V K Saxena IN. “Energy storage devices are now finding effective utilisation in ferries and inland water transport. As a leading shipbuilder in the country, GRSE looks forward to working with Sterling PlanB, which is a leader in providing niche energy storage technology to bring viable solutions for environmentally friendly transportation across the vast inland waterways of the country.”

The team at Sterling PlanB is one of the most experienced on the planet in their field. Their purpose-designed energy storage systems are engineered to the highest standards of performance, safety, and efficiency. These systems are designed to integrate with existing electrical infrastructure and deliver significant operational benefits for vessels running on electric or hybrid power.

Header image: Sterling PlanB sign the Memorandum of Understanding with Garden Reach Shipbuilders and Engineers (GRSE)

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