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FREYR Battery announces public offering of 13,500,000 ordinary shares

Green Car Congress

The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the final size or terms of the offering. FREYR intends to install 50 GWh of battery cell capacity by 2025 and 100 GWh annual capacity by 2028 and 200 GWh of annual capacity by 2030.

Batteries 199
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FREYR Battery establishes technology center in Boston

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The US is a critical strategic market for FREYR. With commercial momentum building following the passage of the Inflation Reduction Act, FREYR is now accelerating the development timetable for Giga America.

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Veolia launches largest project to produce bio-methanol from pulp mill waste

Green Car Congress

As part of this cooperation, Veolia will build a crude methanol refinery in connection with Metsä Fibre’s Äänekoski bioproduct mill. Swedish market pulp giant Södra launched the first pulp mill biomethanol plant at its Mönsterås mill, in collaboration with ANDRITZ, in 2020.

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FREYR Battery awarded $3B, 31 GWh inaugural offtake agreement with leading global ESS provider

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The two companies have agreed to develop innovative technology solutions jointly for the fast-growing global ESS market based on battery cells manufactured by FREYR. FREYR is progressing commercial discussions with additional potential significant offtake customers in the global ESS market, in addition to the EV and marine segments.

Global 221
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FREYR Battery awarded €100M EU Innovation Fund grant

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FREYR has commenced building the first of its planned factories in Mo i Rana, Norway and announced potential development of industrial scale battery cell production in the United States and Vaasa, Finland.

Grant 150
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FREYR Battery opens technology resources campus and business unit in Japan

Green Car Congress

FREYR’s new facility will be located in Fukuoka where the testing equipment is currently being installed. FREYR has begun building the first of its planned factories in Mo i Rana, Norway and has announced potential development of industrial-scale battery cell production in Vaasa, Finland, and the United States.

Japan 150
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FREYR Battery and Nidec complete formation of joint venture

Green Car Congress

FREYR has commenced building the first of its planned factories in Mo i Rana, Norway and announced potential development of industrial scale battery cell production in Vaasa, Finland and the United States. The cells exhibited best-in-class performance for thermal stability, indicating robust safety characteristics.

Batteries 150