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FREYR Battery awarded €100M EU Innovation Fund grant

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Giga Arctic, which has been under development since FREYR’s Board of Directors sanctioned the start of construction in June 2022, is designed to be a 29 GWh nameplate capacity facility based on the 24M Technologies SemiSolid manufacturing platform and powered with 100% renewable hydroelectricity.

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EU investing €1.8B in 17 large-scale clean tech projects

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Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables.

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Valmet Automotive starts EV battery pack production in Salo

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Valmet Automotive has started the production of EV battery packs in its new plant in Salo, Finland. In Salo, Valmet Automotive converted a former cell-phone-manufacturing plant completely to meet the requirements of high-volume automotive battery pack production.

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

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FREYR Battery, a developer of clean, next-generation battery cell production capacity, has executed its inaugural offtake agreement for at least 31 GWh of low-carbon battery cells with an undisclosed, leading global publicly listed manufacturer and provider of energy storage systems (ESS).

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Stora Enso’s pilot plant for producing lignin-based carbon materials for batteries now operational

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Applications include electric vehicles and consumer electronics as well as large-scale energy storage systems. Since sustainability is becoming a top priority for the automotive industry, car manufacturers and battery producers are focusing heavily on reducing carbon emissions in electric cars. Stora Enso Lignode carbon powder.

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FREYR Battery and Nidec complete formation of joint venture

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FREYR Battery and Nidec Corporation, a globally leading producer of high-efficiency electric motors and a leader in the energy storage systems (ESS) space, have established a downstream joint venture, now called Nidec Energy AS. FREYR first announced a broad partnership with Nidec in August 2022. Earlier post.).

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Finnish Minerals Group and Beijing Easpring cathode materials plant proceeding as planned

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Finnish Minerals Group and Beijing Easpring Material Technology have been investigating and negotiating the possibility to establish a cathode active materials (CAM) plant in Kotka, Finland with an initial capacity of 50,000 t/a and potential for future expansion for the production of cathode active material for lithium-ion batteries.