Freyr Battery, Norway to receive EUR 100 million EU Innovation Fund grant

On July 13, Freyr Battery announced that it has been awarded a EUR 100 million grant from the European Union (“EU”) to support the development of Freyr’s Giga Arctic project in Norway.
The grant will be funded through the EU’s Innovation Fund (“EUIF”). Giga Arctic is designed to be a 29 GWh nameplate capacity facili....

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