Giga Arctic Factory - Norway
Giga Arctic, located at "Sentraltomta", a site inside Mo industrial Park in Mo i Rana Northern Norway.
FREYR has elected to secure the Giga Arctic asset and minimize spending in 2024. Additional spending on Giga Arctic is pending continuing technology development and a competitive Norwegian regulatory response to the U.S. Inflation Reduction Act.
The asset is secured for weather. Inside measures are taken with a maintained controled level of humidity and air circulation, as well as a resting temperature of 12 C.