Oslo, Norway - As the world is looking to the shipping industry with high expectations for a more sustainable future, Noon Energy and its ultra low cost battery technology might help us get there. 

Hosted by the Ocean Exchange, a sustainable innovation accelerator, the Orcelle Award is a springboard for the latest scalable sustainable innovations for the shipping industry. The winner receives $100,000 in funding.

In sponsoring the award, Wallenius Wilhelmsen champions innovators who make the biggest contribution to the six UN Sustainable Development Goals that relate to the shipping industry, in particular combating climate change.

“The world is looking to our industry with high expectations for a more sustainable future, and soon. Meeting these expectations will take enormous amounts of creativity, collaboration and innovation. The Ocean Exchange has once again drawn compelling new solutions and innovators to our industry, and we are grateful to all the innovators and sponsors who are helping us redefine the future of logistics,” says Roger Strevens, Head of Sustainability at Wallenius Wilhelmsen.

Orcelle Award entries are assessed against three criteria: impact, innovation and executability. And Noon Energy ticked all the right boxes.

As solar and wind power are growing rapidly and dominating new electricity generation around the world, new low-cost energy storage technologies are urgently needed to balance these inexpensive but intermittent renewables. Noon Energy is developing a battery that uses ultra-low-cost storage media and can match the high energy efficiency of lithium-ion technology.

“We are excited to work with Wallenius Wilhelmsen to help achieve sustainable shipping. Our new ultra low cost battery technology can eliminate local emissions at port, and it can enable longer range electric sea vessel trips powered by solar and wind without CO2 emissions,” explains Chris Graves of Noon Energy.