Articles from FREYR Battery

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”) today announced the closing of the Company’s acquisition of the U.S. solar manufacturing assets of Trina Solar Co Ltd. (SHA: 688599) (“Trina Solar”) in accordance with the previously communicated timeline.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”) has announced that the Company has entered into an agreement to acquire the U.S. solar manufacturing assets of Trina Solar Co Ltd. (SHA: 688599) (“Trina Solar”). The transaction is subject to certain customary conditions precedent, including receipt of certain third-party consents, completion of the preferred stock issuance to Encompass Capital Advisors LLC and internal reorganization to be completed by Trina Solar and is expected to close around year end 2024.

FREYR Battery, Inc. (NYSEFREY) (“FREYR” or the “Company”), a developer of sustainable battery and clean energy solutions, confirmed this morning that the European Union Innovation Fund (“EUIF”) has selected FREYR for a €122 million grant award to develop the Company’s potential joint venture Cathode Active Material (“CAM”) manufacturing project in Vaasa, Finland.

FREYR Battery, Inc. (NYSEFREY) (“FREYR” or the “Company”), a developer of sustainable, next-generation battery solutions, today reported financial results for the second quarter of 2024.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of next-generation battery cell production capacity, will publish a press release detailing second quarter 2024 results and conduct a conference call on August 9, 2024.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has provided an update this morning on the Company’s operational progress at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today announced the appointment of Co-Founder and current Chairperson of the Board of Directors (the “Board”) Tom Jensen as Chief Executive Officer. Current Director Daniel Barcelo has been appointed the next Chair of the Board. Additionally, Evan Calio has been appointed as the Company’s new CFO.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has provided an update this morning on the Company’s operational progress at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, is pleased to confirm that FREYR’s Co-founder and Executive Chair, Tom Einar Jensen, will participate in TD Cowen’s 2nd Annual Sustainability Week virtual conference on Wednesday, May 22, 2024. Mr. Jensen will be part of a fireside chat at 3:45 pm EDT.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of next-generation battery cell production capacity, will publish a press release detailing first quarter 2024 results and conduct a conference call on May 8, 2024.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has appointed Todd Kantor, Tore Ivar Slettemoen, and David Manners to the Company’s Board of Directors (“Board”) effective immediately. The appointments are intended to fill vacancies created by the departures of Mimi Berdal and Jason Forcier, and to strengthen FREYR’s Board as the Company pursues its key growth and capital formation initiatives.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has provided an update this morning on the Company’s operational progress at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway; and a financial update on FREYR’s cash position at year-end 2023.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, will publish a press release detailing fourth quarter and full-year 2023 results and conduct a conference call on February 29, 2024.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, announced today that the U.S. Department of Energy (“DOE”) has invited the Company to submit the Part II loan application under the DOE Title 17 program for FREYR’s Giga America project.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, announced today that the Company has received the required votes to approve all proposals at its Extraordinary General Meeting (“EGM”) on December 15, 2023. As a result, FREYR expects to complete the previously announced process to redomicile from Luxembourg to the United States by year end 2023.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has announced that two leading independent proxy advisory firms, Glass Lewis and Institutional Shareholder Services (“ISS”), recommend that shareholders for “FOR” proposals related to the previously announced process to redomicile from Luxembourg to Delaware in the United States.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has provided an update this morning on the company’s operational progress at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has announced organizational optimizations, including leadership changes intended to align resources with FREYR’s business priorities.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has announced the appointment of Jessica Wirth Strine to FREYR’s Board of Directors.

FREYR Battery (NYSEFREY) (“FREYR”) has published a letter to shareholders co-authored by Co-Founder and Executive Chairperson Tom Einar Jensen and Chief Executive Officer Birger Steen. The content of the shareholder letter, which is posted to the investor relations section of FREYR’s website, is also included below:

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has announced that it will be holding an extraordinary general meeting of shareholders on December 15, 2023 (the “EGM”), in connection with its previously announced process to redomicile from Luxembourg to the U.S.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, will publish a press release detailing third quarter 2023 results and conduct a conference call on November 9, 2023.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, provided an update this morning on the company’s continued operational progress at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, announced that its wholly owned affiliate, FREYR Battery, Inc., a United States Delaware corporation, has filed an S-4 registration statement with the U.S. Securities and Exchange Commission (“SEC”) as the next step of its previously announced process to redomicile to the U.S.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, provided an update this morning on the company’s continued operational progress at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced that SAP SE (FSE: SAP; “SAP”), one of the world’s leading producers of software for the management of businesses processes, has joined FREYR’s Energy Transition Acceleration Coalition (“ETAC”). With the addition of SAP, the ETAC, which is a collaborative alliance of global business partners focused on commercializing decarbonization solutions through clean battery deployment, now includes Glencore Plc (LN: GLEN), Caterpillar Inc. NYSE: CATNYSECAT)

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the second quarter of 2023.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced two appointments to strengthen the company’s leadership capabilities and accelerate key strategic initiatives. The appointments to the senior management and Board of Directors, are as follows:

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, will publish a press release detailing second quarter 2023 results and conduct a conference call on August 10, 2023.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced that the company has been awarded a €100 million grant from the European Union (“EU”) to support development of FREYR’s Giga Arctic project in Norway. The grant will be funded through the EU’s Innovation Fund (“EUIF”) as part of the EU’s efforts to promote localized production of battery solutions.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, announced ahead of today’s inaugural Capital Markets Day that the company has assembled and successfully charged its first semi-automated battery unit cells at the CQP in Mo i Rana, Norway.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the first quarter of 2023.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced a change to the 1Q 2023 conference call schedule. To accommodate broader audience participation, the conference call is now scheduled to begin on May 15, 2022, at 8:30 am U.S. Eastern Daylight Time (2:30 pm Central European Time), from a prior scheduled start time of 7:30 am U.S. Eastern Daylight Time (1:30 pm Central European Time).

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, will publish a press release detailing first quarter 2023 results and conduct a conference call on May 15, 2023.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced that the Company has entered into discussions on a potential strategic coalition with Glencore Plc (LN: GLEN), Caterpillar Inc. NYSE: CATNYSECAT)

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced that the Company will host its ‘Chapter One’ opening event at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway, on March 28th, 2023.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today filed its 2022 Annual Report on Form 10-K for the year ended December 31, 2022 (the "2022 Form 10-K") with the U.S. Securities and Exchange Commission (“SEC”), which can be downloaded from the SEC's website (http://www.sec.gov). Our 2022 Form 10-K is also available on our corporate website (https://ir.freyrbattery.com/Financials/sec-filings/default.aspx). Hard copies of our complete 2022 Form 10-K, which includes our audited financial statements, can be ordered, free of charge, by contacting the Company.

FREYR Battery (NYSEFREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the fourth quarter and full year of 2022.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, will publish a press release detailing fourth quarter and full year 2022 results and conduct a conference call on February 27, 2023.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced a conditional offtake agreement (“COA”) with Impact Clean Power Technology (“Impact”), a leading manufacturer of battery systems for transportation, industry and stationary energy storage for renewable energy sources, traditional power generation, rail, and telecommunications. Under the terms of the agreement, FREYR will supply 10 – 14 GWh of clean, next-generation battery cells based on the 24M Technologies, Inc. (“24M”) SemiSolidTM platform to Impact from 2025 – 2030.

FREYR Battery (NYSEFREY) (“FREYR” or “the Company”), a developer of clean, next-generation battery cell production capacity, has appointed Jason Forcier and Dr. Dan Steingart as independent members of the Company’s Board of Directors effective December 21, 2022, and January 9, 2023, respectively. The appointments are intended to fill vacancies created by the departures of Jeremy Bezdek and Jon Christian Thaulow from FREYR’s Board of Directors.

FREYR Battery (NYSEFREY) (“FREYR” or “the Company”), a developer of clean, next-generation battery cell production capacity, has announced the appointment of Jeremy Bezdek to the position of Executive Vice President of Global Corporate Development and President for FREYR Battery U.S.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced the appointment of Tor Stendahl as Managing Director for FREYR Battery Finland Oy.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, and Nidec Corporation (TSE: 6594) (“Nidec”), a globally leading producer of high-efficiency electric motors and a leader in the energy storage systems (“ESS”) space, have announced that they have established a downstream joint venture, now called Nidec Energy AS (“Nidec Energy”).

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, today announced the closing of an underwritten public offering of 23,000,000 of its Ordinary Shares without nominal value, including the green shoe option that was exercised in full by the underwriters on December 1, 2022, at a public offering price of $11.50 per share before underwriting discounts. The gross proceeds from the offering, including the green shoe option, were approximately $264,500,000. The offering closed on December 5, 2022.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, today announced the pricing of its upsized underwritten public offering of 20,000,000 of its Ordinary Shares, without nominal value. Each Ordinary Share is being offered at a public offering price of $11.50 per share, less underwriting discounts and commissions. The gross proceeds to FREYR from the offering, before deducting the underwriting discounts and commissions and offering expenses payable by FREYR, are expected to be $230,000,000. FREYR has granted the underwriters a 30-day option to purchase up to 3,000,000 additional Ordinary Shares at the price to the public, less underwriting discounts and commissions.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, today announced that it plans to make a public offering of 13,500,000 of its Ordinary Shares, without nominal value, in an underwritten registered public offering. FREYR expects to grant the underwriters a 30-day option to purchase up to 2,025,000 additional Ordinary Shares as part of this offering.

FREYR Battery (NYSEFREY) (“FREYR” or the “company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the third quarter of 2022.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The company selected the Bridgeport Industrial Park site through a rigorous evaluation process based on key operational, logistical, and financial criteria, including the suitability of the site to co-locate modular upstream and downstream projects with the Giga America cell manufacturing facility.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, will publish a press release detailing third quarter 2022 results and conduct a conference call on November 14, 2022.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced a new service agreement with ITOCHU Corporation (“ITOCHU”), the Japan-based global trading and import/export company. As part of this agreement, ITOCHU will serve as a direct materials supplier for FREYR’s procurement and supply chain operations.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has entered into an agreement with Aleees (TWSE: 5227), the Taiwan-based lithium-iron phosphate (“LFP”) cathode battery material manufacturer. The agreement, which includes ongoing services and support from Aleees, provides FREYR with a worldwide license to produce and sell LFP cathode material based on Aleees’ technology, and to build production facilities leveraging Aleees’ industrial expertise. FREYR anticipates that the agreement will enable FREYR to meet the future LFP cathode material needs of the Giga Arctic battery production facility in Mo i Rana, Norway. Volumes could furthermore be deployed to FREYR’s planned Giga America project in the U.S.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has entered into an agreement with HENT AS (“HENT”), one of Norway’s largest general contractors and project developers. HENT will be responsible for the planning, project management and construction of FREYR’s 120,000 square-meter battery factory building including facilities and infrastructure in Mo i Rana, Norway, known as Giga Arctic.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has awarded an agreement to U.K.-based Mpac Group (“Mpac”), featuring its Lambert product line for automated casting and unit cell assembly equipment for its planned battery cell production facilities in Norway.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has awarded an agreement to Italy-based NTE Process to supply a complete and integrated drying and powder handling system for FREYR’s planned battery cell Gigafactory in Norway, known as Giga Arctic.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, and Nidec Corporation (TSE: 6594) (“Nidec”), a globally leading producer of high-efficiency electric motors and leader in the ESS space, have announced the finalization of an expanded 38 GWh battery cell sales agreement from 2025 – 2030. Additionally, the companies have agreed to form a downstream joint venture in which Nidec will hold a super-majority to provide integrated industrial scale ESS solutions to customers globally.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, will conduct a press meeting at ONS Stavanger in Hall 10 on Tuesday, August 30 at 8:00 am CET (02:00 am EST).

FREYR Battery (NYSEFREY) (“FREYR” or the “company”), a developer of clean, next-generation battery cell production capacity, has awarded a strategic alliance frame agreement to South Korea-based Hana Technology Co. Ltd (“Hana Technology”). Together, the two companies will jointly develop equipment and automation solutions for FREYR’s Customer Qualification Plant (“CQP”) in Mo i Rana, Norway, as well as for FREYR’s planned Gigafactories.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced the appointment of Michael J. Brose to the newly created position of Vice President of U.S. Operations. Before his appointment at FREYR, Brose was the Chicago-based plant manager for WR Grace, a supplier of high-performance chemicals and materials.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has opened its first U.S.-based technology center in Boston in accordance with the company’s expansion strategy. Listed on the New York Stock Exchange, FREYR is collaborating with its joint venture (“JV”) partners from Koch Strategic Platforms (“KSP”) to accelerate the development of Giga America, the company’s first U.S. Gigafactory.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, announced the establishment of a technology resources campus and business unit in Japan. The new business unit is the company’s first physical location in Asia and will focus on efforts to facilitate and scale-up FREYR’s testing and development of the 24M Technologies (“24M”) battery platform. FREYR’s new facility will be located in Fukuoka where the testing equipment is currently being installed.

FREYR Battery (NYSEFREY) (“FREYR” or the “company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the second quarter of 2022.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, will publish a press release detailing second quarter 2022 results and conduct a conference call on August 8, 2022.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, announced today that the company’s Board of Directors (“The Board”) has approved the expansion of the planned Giga Arctic project under development in Mo i Rana, Norway, to an annual nameplate capacity of 29 GWh. FREYR’s Board of Directors has also approved the construction of Giga Arctic. The approval follows substantial completion of detailed plant engineering; the establishment of procurement frameworks with key raw material and capital equipment suppliers; and the announcements of conditional offtake agreements totaling more than 125 GWh from the planned start of production in 1H-2024 through 2030. Groundworks at the site are well advanced and the company has recently started casting foundation structures.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, welcomes the Minister of Trade and Industry to launch the Norwegian Government's National Battery Strategy at FREYR Battery's giga giga factory location in Mo i Rana, Northern Norway.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has entered into a reservation agreement with Changzhou Senior New Energy Materials Co., Ltd. and Senior Material (Europe) AB to supply battery materials for its Customer Qualification Plant (“CQP”), currently under construction in Mo i Rana, Norway, as well as for the company’s planned combined Gigafactory 1 & 2.

FREYR Battery ("FREYR" or the "Company"), a developer of clean, next-generation battery cell production capacity, has announced that German Curá, a member of the board of directors of the Company (the "Board") and the chairperson of the Nominating and Corporate Governance Committee, has informed the Company today that he will be tendering his resignation as a director of the Company on June 16, 2022, which is expected to be effective not later than August 1, 2022. Mr. Curá will be resigning for personal reasons and did not advise the Company of any disagreement with the Company on any matter relating to its operations, policies or practices.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has signed a binding Heads of Terms with Statkraft, Europe’s largest producer of renewable energy. The Heads of Terms is expected to be finalized as a long-term physical supply agreement, with the ambition to secure a long-term supply of renewable power under globally competitive terms for FREYR’s planned battery cell production project in Mo i Rana, Norway.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, is convening its 2022 annual general meeting of shareholders (the "AGM") to be held on Wednesday, June 15, 2022, at 3:00 pm Central European Time. The Annual General Meeting will be held solely via video conference initiated from Luxembourg, Grand Duchy of Luxembourg.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has signed an agreement with the City of Vaasa, Finland, for the temporary lease of 130 hectares (1,300,000 m²) of land in the GigaVaasa area. This plot is the future site of FREYR’s planned battery cell production plant and part of the company’s strategic collaboration with the City of Vaasa to develop industrial scale battery technology and production in the country.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the first quarter of 2022.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, and Powin LLC (“Powin”), a global leader in the design, manufacturing, and integration of safe and scalable battery energy storage solutions, have signed a conditional agreement for Powin to offtake battery cells produced by FREYR for energy storage system applications, subject to the terms and conditions of the agreement.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, is pleased to announce that CEO Tom Einar Jensen will participate in the delegation of His Royal Highness (“HRH”) the Crown Prince of Norway during an official visit to Stockholm, Sweden, on May 2-4.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, will publish a press release detailing first quarter 2022 results and conduct a conference call on May 11, 2022.

FREYR Battery (NYSEFREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced the appointment of Andreas Bentzen, to the position of Executive Vice President (“EVP”) Technology. Bentzen comes from the position of Co-Founder and Chief Technology Officer for Otovo, a leading European provider of solar panels and batteries for the residential market.