Freyr Battery, Norway rebrands as T1 Energy On February 19, Freyr Battery announced a strategic rebranding of the company as T1 Energy Inc. The T1 brand represents the Company’s commitment to becoming a vertically integrated U.S. solar + battery storage leader from its new corporate headquarters in Austin, Texas. It expects that from March 3, 2025, its common stock and warrants, which trade on the New York Stock Exchange, will cease trading und...

News  Updated at: 2025/02/24

Freyr Battery, Norway announces new global HQ, sells Georgia site for USD 50 Million On February 10, Freyr Battery, an energy solutions provider, announced Austin, Texas, as its new global headquarters, which will be located at 1211 E 4th St., Austin, TX 78746. FREYR has selected Austin, Texas, as its global headquarters to geographically align the Company’s workforce with its operations and strategy to provide solar modules made in the United ...

News  Updated at: 2025/02/11

FREYR Battery, Norway cancels plan to build Georgia gigafactory On February 7, multiple sources reported that FREYR Battery has cancelled its plans to build a gigafactory in Coweta County, Georgia. The company withdrew its plans due to rising interest rates, declining battery prices, management changes, and shifting strategic priorities. Instead, FREYR is now focusing on developing a solar panel factory in Texas. The company initially had planned...

News  Updated at: 2025/02/10

FREYR Battery, Norway secures EU grant for cathode active material manufacturing project in Finland On October 24, FREYR Battery, Inc. announced that the European Union Innovation Fund (EUIF) has awarded it a EUR 122 million grant to support the development of its potential joint venture Cathode Active Material (CAM) manufacturing project in Vaasa, Finland. The grant supports a proposed Cathode Active Materials (CAM) project in Vaasa, Finland, ai...

News  Updated at: 2024/10/25

Freyr Battery completes production of unit cells in continuous process at CQP plant, Norway On June 24, FREYR Battery revealed that it had produced unit cells in a continuous process with the Casting and Unit Cell Assembly machine, the novel component of the SemiSolid platform, at the Customer Qualification Plant (CQP) in Mo i Rana, Norway. The milestone was achieved by aligning the anode and cathode casting machines, enhancing the quality of the...

News  Updated at: 2024/06/25

Freyr Battery completes first production trail of unit cells at CQP plant, Norway On May 22, Freyr Battery, a developer of clean, next-generation battery cell production capacity, revealed that it had produced unit cells with the full automation of the Casting and Unit Cell Assembly, along with its partners, at the Customer Qualification Plant (CQP) in Mo i Rana, Norway. The production trial run was enabled by integrating casting webs across the ...

News  Updated at: 2024/05/24

Freyr Battery, Norway reveals plan to accelerate path to market and first revenues On May 8, Freyr Battery announced that it is prioritizing two potential pathways to fast-track its commercial and financial development, which include finalizing a conventional technology agreement with an established cell producer, and an inorganic opportunity targeting a value chain adjacency. Advanced discussions between the relevant parties are ongoing.  It is...

News  Updated at: 2024/05/08

Freyr, Norway to produce functional cells for customer samples in first half of 2024 On February 29, Freyr Battery announced that it is advancing towards the expected start of functional cell production for customer samples using the full automation of the CQP (Customer Qualification Plant) in the first half of 2024. It has completed handovers of 363 of 388 (94%) discrete production line equipment commissioning and testing packages. With operatio...

News  Updated at: 2024/03/04

Freyr Battery, Norway announces FREYR 2.0 growth initiative On February 29, Freyr Battery announced the FREYR 2.0 growth initiative. It encompasses the pursuit of five major opportunities tied to distinct projects using either the SemiSolid platform or conventional technology totaling more than 100 GWh of production capacity in the U.S. and Europe. The prospective end markets for these projects include both energy storage systems and passenger EV...

News  Updated at: 2024/03/01

Freyr Battery receives grant from Norges forskningsråd, Research Council of Norway On February 1, Freyr Battery announced that it has received a grant from Norges forskningsråd, the Research Council of Norway, to further build out its accelerated product development capabilities.  It will work with the Norwegian University of Science and Technology (NTNU) to build data-driven models that will facilitate faster development of new and improved b...

News  Updated at: 2024/02/05

Freyr Battery to redomicile from Luxembourg to the United States by end of 2023 On November 18, Freyr Battery received the approval of its shareholders to complete the process to redomicile from Luxembourg to the United States by year-end 2023. FREYR's Board of Directors believes that redomiciling to the United States simplify its corporate structure, comply with regulatory and reporting requirements, and improve operational efficiencies and fin...

News  Updated at: 2023/12/19

Freyr, Norway conducts automated cathode casting trials On November 29, Freyr Battery announced that its team at the Customer Qualification Plant (CQP) commenced automated cathode casting runs at a minimum nozzle distance of 0.26 mm.  They have subsequently conducted successful cathode casting runs using the cathode web and solvent slurry at fixed nozzle distances of 0.5 mm and 1.0 mm, respectively, and at speeds of 2 meters per minute while usi...

News  Updated at: 2023/11/30

Freyr, Norway achieves automatic electrode casting with solvent slurry On October 4,  Freyr Battery achieved the interim milestone of automatic electrode casting with solvent slurry. This step was one of three previously communicated precursors to reaching initial fully automated production at the Customer Qualification Plant (CQP) in Mo i Rana, Norway. Freyr also demonstrated automated casting with solvent slurry to representatives from Nidec ...

News  Updated at: 2023/10/05

Freyr Battery ramps up production at CQP in Mo i Rana, Norway On September 19, Freyr Battery announced that it is ramping up production at the Customer Qualification Plant (CQP) in Mo i Rana, Norway, taking the U.S. technology from 24M Technologies to GWh scale.The 24M technology is fundamentally improving and simplifying the production process compared to conventional Li-ion battery cells. The products Freyr develops and puts in production at th...

News  Updated at: 2023/09/20

Freyr, Norway completes 80% of SOP toward fully automatic battery production On September 18, Freyr Battery announced that 80% of standard operating procedures (SOPs) at its Customer Qualification Plant (CQP) have been successfully implemented. Its operations team is now diligently finalizing the remaining SOPs towards a fully automated run of the production line at CQP.The team has been working systematically to prepare for safe and efficient p...

News  Updated at: 2023/09/19

Freyr, Norway welcomes SAP to “Energy Transition Acceleration Coalition” On September 5, Freyr Battery announced that SAP SE, one of the world’s leading producers of software for the management of business processes, has joined FREYR’s Energy Transition Acceleration Coalition (“ETAC”). With the addition of SAP, the ETAC, now includes Glencore Plc, Caterpillar Inc., Siemens AG, and Nidec Corporation.The ETAC is a global strategic allia...

News  Updated at: 2023/09/06

Freyr, Norway starts testing program for Nidec Corporation Freyr Battery announced that it has started a testing program for its long-term sales agreement customer, Nidec Corporation (Nidec), at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway. Freyr will demonstrate semi-automated production of cells with full automation of the production process expected to follow. The capability to produce sample cells from the CQP is expected...

News  Updated at: 2023/08/11

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 facility based on the 24M Technologies SemiSolid man...

News  Updated at: 2023/07/14

Freyr, Norway discussing batteries partnership with major passenger vehicle OEM On June 27, Freyr Battery announced that it has received an indication that a major passenger vehicle OEM intends to join Freyr’s energy transition coalition alongside Caterpillar, Glencore Plc, Siemens AG, and Nidec Corporation. The partnership between Freyr and the OEM is expected to encompass a strategic alliance to jointly produce fit-for-purpose passenger EV (e...

News  Updated at: 2023/06/28

Freyr, Norway to ramp up production, and testing of chargeable cells On June 27, Freyr Battery announced that it has assembled and successfully charged its first battery unit cells at its Customer Qualification Plant (CQP). It is on schedule to ramp process automation, production, and testing of chargeable cells in the second half of 2023 and beyond. Freyr is considering a re-accelerated 2+6-line factory configuration similar to the Giga America ...

News  Updated at: 2023/06/28