Grønne aksjer

31.08.2020 kl 21:20 4312

FREYR continues to advance the development of Norway’s first lithium-ion battery cell (LIB) facility and are currently optimising the basis for the 2 GWh Fast Track production facility together with local site partner Mo Industrial Park (MIP).

Today, the ongoing collaboration between FREYR and MIP was further formalised by the signing of a Memory of Understanding (MoU) for the planned Fast Track production facility site. The site is “plug and play” with all infrastructure ready and available area will furthermore be increased from 40.000 m2 to 70 000 m2.

“Our ambition is to make Norway a global leader in green battery cell production by utilizing 100% green electricity at globally competitive prices, deep expertise in energy intensive and process industries and leverage locally sourced raw materials when possible. MIP represents a unique local ecosystem with substantial decades long experience in process industrial competencies. This ‘industrial DNA’ combined with a strong focus on sustainability through energy- and waste recycling and circular solutions provides the strongest basis for starting battery cell production in Norway,” says CEO Tom Einar Jensen in FREYR.

The site optimisation planning process with MIP includes integration of the battery facility with existing process industry infrastructure to ensure efficient supply of clean renewable electricity and raw materials required in production and maximising waste collection and recycling.

“FREYR is currently in advanced formal processes with globally leading technology providers to optimize our battery cell production facilities. We see that our approach of continuously implementing the best available technology in the market can provide the basis for a more cost-effective production partly based on substantially reducing the acreage requirement for production at giga-scale. This means much higher output of finished product for a given site location which will also have positive additional environmental impact.” says CTO of FREYR, Ryuta Kawaguchi.

“FREYR has strengthened its position to be able to start construction of the Fast-Track facility towards the end of Q2-2021 inside MIP. Based on updated discussions with MIP, our technology providers and various customer dialogues we are now investigating whether we could accelerate these plans even further”, adds COO in FREYR, Einar Kilde.

We have identified the optimal plot and secured the necessary power, utilities and expertise in order to support FREYR with their plans, says VP Marketing & Business Development, Jan Gabor in MIP. Also, CEO Arve Ulriksen supports this statement and adds that FREYR is a perfect match for MIP’s ambitions to be a world class green industrial park.
Redigert 21.01.2021 kl 08:11

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