Norwegian Green Platform Initiative to Support Sustainable Battery Production
New York, Oslo and Luxembourg, February 21, 2022, FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production, is announcing that the Research Council of Norway, Innovation Norway, and Siva have granted $11 million (NOK 100 million) through the Norwegian Green Platform initiative (the “Green Platform”) to a consortium of companies, including FREYR. The initiative is intended to provide a platform to establish sustainable battery production.
The consortium of companies will, together with SINTEF and the Institute for Energy Technology, initiate the