Rotterdam Port Fund Invests in EST-Floattech
Investor Rotterdam Port Fund has acquired an interest in EST-Floattech, a Dutch technology firm that develops energy storage systems for fully electric and hybrid maritime applications, as well as mobile land-based applications.
EST-Floattech is a global leader in the field of energy storage systems for the maritime sector. Its battery systems are based on Li-NMC cell technology, and are characterised by a very high level of safety and their type approval by DNV-GL.
The full or partial electrification of propulsion systems can play an essential role in the transition from fossil fuels to sustainable alternatives. Energy storage systems are a vital component of this transition. In hybrid applications, the storage systems can be used in combination with diesel or LNG engines.
The environmental benefits are manifold, such as a significant reduction in emissions of harmful substances (NOx and CO2) and in unpleasant odours and engine noise. Depending on the application, the systems can also provide significant cost benefits. EST-Floattech’s battery systems are already used in applications such as Rijkswaterstaat’s new electric multi-purpose vessels and electric excavators.
EST-Floattech will be exhibiting at Electric & Hybrid Marine World Expo 2018, at booth E4020.