Progress
FREYR has established multiple relationships with world leading stakeholders across the battery production value chain. These include raw-material feedstock suppliers, technology providers, equipment manufacturers and customers in target market segments.

Off-takers
Technology


Energy
- Helgeland Kraft hydropower (Letter of Intent)
Brownfield development sites
- Mo industripark - agreement of 70.000 m2 + 13.000 m2 and further options of 80.000 m2 in plug and play brownfield
Milestones
Q4 2017
Feasibility study for battery cell industry in Norway driven by NTNU and founder Tore Ivar Slettemoen
01.02.18
Initiation of FREYR to reduce CO₂ emissions through electrification and leveraging Norway’s green energy leadership; financed by its founders and government backed Innovation Norway
02.04.19
FREYR soft launch its plans to build a battery cell production facility in Norway in partnership with SINTEF and NTNU, the two leading Norwegian scientific research institutions
18.06.19
FREYR enters into an investment and partnership agreement with EIT InnoEnergy, an independent EU body, to build a battery cell gigafactory in Norway
18.08.19
FREYR announces ambition to develop a Nordic Battery Belt, with potential for building four gigafactories in Norway
02.07.2020
FREYR completes NOK 130 million of pre-construction financing of the first lithium-ion battery cell (LIB) facility in Norway with significant local and regional support
2019-2020
Feasibility study financing for first gigafactory, feasibility study, battery technology licensing agreement, governmental permits, development contracts, supply contracts, off-take agreements
2021
Secure project financing and begin construction phase initiation
2022
Production estimated to commence