Norwegian Battery Vocational School starts autumn 2022

Feb 16, 2022

FREYR Battery is pleased to note that The Norwegian Directorate for Higher Education and Skills have funded the start-up of a Norwegian pilot program for higher vocational education for battery production. The Battery Vocational School will be a module-based hybrid of online studies and gatherings.

“Battery cell production in Norway is pioneering work and the Norwegian battery vocational school will be an important contribution to the long-term development of the Norwegian battery industry,” says Executive Vice President of Operations at FREYR Battery, Tove Nilsen Ljungquist.

The educational program has been established in connection with the existing industrial vocational schools in the Viken, Nordland, Innlandet and Hordaland regions of Norway. Together, they have developed the battery industry specialization targeting people with a vocational certificate and preferably experience from relevant industries, such as the process industry.

“FREYR needs many new employees, and we look forward to seeing the battery vocational school train competent and good candidates at our factories in Mo i Rana. I encourage qualified people to apply,” adds Nilsen Ljungquist.

The battery specialization will be available from the autumn semester of 2022 and will comprise the modules: industrial intelligence, logistics and traceability in production, battery industry and sustainability, SMART maintenance, electrochemistry and material technology for batteries, flexible and digitized battery production.

“We have collaborated with several other Norwegian companies, vocational schools, industry organisations, unions and the Nordland county to launch this pilot program. The battery vocational school is designed for the battery industry and will meet our needs,” says Lars Kvadsheim, the Head of HR at FREYR's operating organization.

FREYR Battery is currently constructing its customer qualification plant, which will be the first of the planned battery factories in Mo i Rana with battery cell production expected to start in the second half of 2022. After that, FRYR plans to develop Gigafactories for battery production, with planned start-up of operations for the first site in 2023.

Cautionary Statement Concerning Forward-Looking Statements

All statements, other than statements of present or historical fact included in this press release, including, without limitation, statements regarding the parties’ joint ability to develop innovative technology solutions for the fast-growing global ESS market, the construction of FREYR’s initial Gigafactories, the industrial-scale commercialization of FREYR’s clean battery cells, FREYR's ability to deliver at least 31 GWh of battery cells from 2023 to 2028 from its Norwegian manufacturing facilities, FREYR’s total potential revenues from this agreement, the parties' ability to drive standardization and cost optimization in the utility space, battery-based energy storage solutions’ ability to accelerate the decarbonization of global power systems, the provision of differentiated, integrated solutions in the battery storage markets globally, the growth of the annual total addressable market for battery storage applications, the development and commercialization of 24M’s technology (and any intended benefits thereof) and the status of FREYR’s commercial discussions with any potential offtake customers are forward-looking and involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.

Most of these factors are outside FREYR’s control and difficult to predict. Information about factors that could materially affect FREYR is set forth under the “Risk Factors” section in FREYR’s Registration Statement on Form S-1 filed with the Securities and Exchange Commission (the "SEC") on August 9, 2021, as amended, and in other SEC filings available on the SEC’s website at www.sec.gov.