1179 0 Kommentare FREYR Battery Announces Plans for U.S. Gigafactory in Georgia - Seite 2

In accordance with FREYR’s ambitions to accelerate development of Giga America in parallel with the ongoing construction of Giga Arctic in Mo i Rana, Norway, the company is intensifying and broadening its financing efforts. The total package of financial incentives for Giga America includes robust assistance collectively provided by The State of Georgia and Coweta County in addition to the expected production tax credits associated with the recently passed Inflation Reduction Act. Additionally, FREYR intends to apply with the U.S. Department of Energy for packages that could include a grant and/or direct loans to assist with the development of Giga America.

The U.S. energy storage market, which is already the largest in the world, is expected to experience exponential growth over the next several years. According to Rystad Energy (“Rystad”), to satisfy a 1.6-degree scenario, cumulative collective storage demand of 4.5 TWh from the U.S. and Europe will be required through 2030. Under the same scenario, Rystad expects annual collective storage demand in the U.S. and Europe to reach 1.4 TWh by 2030, which represents a 34-fold increase from projected corresponding annual 2022 demand.

“At FREYR, we are deeply committed to decarbonizing the transportation and energy sectors. As we advance our U.S. expansion plan in cooperation with our key stakeholders, we expect to make meaningful investments to spur job creation and the eventual development of localized, decarbonized supply chains in the U.S. to enhance energy security and economic activity and meet the growing demand for energy storage solutions in the U.S. market,” added Jensen.

The Giga America project will be based on the SemiSolid technology of FREYR’s U.S.-based licensing partner, 24M. The SemiSolid platform enables capital and energy efficient production of lithium-ion batteries at scale.

FREYR is currently evaluating clean power supply solutions for the Giga America project with U.S. Independent Power Producers (“IPPs”). The company’s long-term ambition is to replicate the strategy employed at Giga Arctic to produce next-generation batteries that are among the cleanest anywhere in the world.

At 10:00 am EST (16:00 CET) FREYR Battery will host a launch event live from Coweta County, Georgia. The webcasted presentation will be streamed online in English. To join, please use the following link: https://vimeo.com/event/2591961

A recording of the event will be made available after the presentation on FREYR’s website and YouTube channel.