Electrolysers'No viable commercial model' | Statkraft cancels 40MW electrolyser contract with Nel as Norwegian green hydrogen project floundersOslo-based renewables developer pulls out of deal amid the company’s wider scale-back of its global H2 strategy CEO of Freyr Tom Jensen presented the battery factory during the High North Dialogue in Bodø in 2019 the battery company must lay off several employees and conduct a "significant downscaling." (Archive photo: Trine Jonassen) The battery company Freyr must lay off several employees and make "significant downsizing." The production of battery cells in Mo i Rana is now put on hold Read in Norwegian. Freyr employees were notified that the battery company must significantly downscale in order to adapt to new market conditions for battery cells within the battery industry "Sadly, we must reduce the number of employees in the company to ensure financial runway for the company," says the CEO of Freyr Battery, Tom Jensen, to Rana Blad Freyr has about 60 employees in Mo i Rana in Northern Norway Jensen informs that the most significant reduction will be in Mo i Rana Jensen highlights that Freyr will still have employees in Mo i Rana and that the company still considers the city the best place in Norway for battery production One of the biggest challenges that Freyr is facing is the low prices of battery cells produced in China this makes it harder to compete with Chinese producers particularly if customers are unwilling to pay more for products produced in Norway Freyr will focus on research and development in the pilot factory Jensen states that Freyr must act now to ensure long-term stability "Freyr will focus on research and development in the pilot factory modular packaging of batteries using surplus battery cells Adding to a comment in The Economist Jensen tells High North News that he believes the only way Western battery companies will be able to compete without the above solution is through new and better implementation of new technologies ten of whom worked at the factory in Mo i Rana The original plans with a giga factory included a staff of 1,500 in Mo i Rana alone it was revealed that Freyr would "pause" the construction of the Giga Arctic factory in Northen Norway which was supposed to produce batteries of industrial size Frey's pilot factory in Mo i Rana. (Photo: Phillip Navin) Freyr has built a pilot factory in Mo i Rana as well as a large building intended for gigafactory cell production where 86,000 m2 of a total plan of 146,000 m2 has been built today According to NRK Freyr now plan to use the pilot battery factory to pack several batteries into a larger battery that can produce a higher voltage or deliver more power Freyr has received 200 million in government support for the development of the pilot factory and detailed planning of Giga Arctic as well as a digital battery platform for the development of batteries which can be used in a longer perspective given the full investment and realization of Giga Arctic it was reported that former CEO Tom Einar Jensen had received a salary and bonus of a total of NOK 27 million for 2021 the board received a total remuneration and share options with a total value of over NOK 60 million Freyr states that the value of the shares has fallen since 2022 High North News is not responsible for the content or opinions expressed on external web pages Editor in Chief:Trine Jonassen E-mail High North News Editor/Commentator: Arne O. HolmTel: (+47) 905 29 472 Journalist:Hilde-Gunn Bye Journalist:Astri Edvardsen Translator:Birgitte Annie Molid Martinussen Copyright © 2018 High North News. All Rights Reserved. Reporting by Terje Solsvik in Oslo and Stine Jacobsen and Louise Rasmussen in Copenhagen Our Standards: The Thomson Reuters Trust Principles., opens new tab , opens new tab Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. , opens new tabScreen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. © 2025 Reuters. All rights reserved This website is using a security service to protect itself from online attacks The action you just performed triggered the security solution There are several actions that could trigger this block including submitting a certain word or phrase You can email the site owner to let them know you were blocked Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page The Nordic dreams of gigafactory production have taken another hit, with Freyr Battery announcing a pause to cell production and the loss of jobs Management met with employees on 29 August to break the news that there would be “considerable reductions” in workforce and the battery cell production at the Mo i Rana plant in northern Norway put on hold CEO Tom Einar Jensen told national broadcaster NRK the reason was the tough competition from China “There’s a considerable overcapacity of battery cells from China that makes prices fall so much that we have to go back to the drawing board,” he said the company decided to halt the construction of a gigafactory in Norway and instead focus on the US where tax breaks under the Inflation Reduction Act were more favourable the company will now use the excess battery cells as a module and battery pack assembly business It was planning to commence production of sample functional battery cells using the full automation of the Customer Qualification Plant (CQP) in Norway in the first half of 2024 CEO Tom Einar Jensen said: “Freyr works with alternative business models and at Mo the areas of research and development using the existing CQP production line development of digital battery solutions and module packaging will be the focus.” In its second quarter earnings report released on 9 August Freyr said it was focusing on “less capital intensive opportunities tied to downstream modules and packs which offer the fastest and most readily financeable paths to first revenues and cash flows.” Jensen said the investment was not wasted and the company would work to develop the Norwegian battery industry but “working on a different part of the value chain” than originally foreseen The Giga Arctic plant investment set it back roughly $2.5 billion of investment in 86,000 sq m It spans 13,000 sq m of industrial scale cell production line laboratory and floor space for further development In neighbouring Sweden, Northvolt is not commenting (we did ask) on fears from the provincial government in Quebec that a strategic review could mean an 18-month delay to building a gigafactory there Economy minister Pierre Fitzgibbon said on X the battery slowdown was worldwide Production at the plant was due to begin in 2026 Northvolt Six is supposed to be Canada’s first fully integrated battery manufacturing plant making lithium-ion cells for electric cars The first batteries were expected out of the production lines in 2026 All the latest on Batteries & Energy Storage Technology the Kyoto-based Japanese battery manufacturer with experience from lead-acid and lithium-ion battery chemistry for a variety of vehicles Find a wealth of information on the energy storage and battery industries with BEST Magazine From all the latest news to in-depth technical articles we have everything you need in print and online All the latest news and articles on Batteries & Energy Storage Technology Copyright 2025 © Energy Storage Publishing Ltd A rendering of the new Mo i Rana Airport with the Northern Lights Norwegian airports operator Avinor Group is to build a new airport at Mo i Rana Project director Bjarte Nesse told Tara Craig about the ambitious plans Mo i Rana may have a population just shy of 20,000 people but this small Norwegian town punches well above its weight in terms of industry A market town from the 18th Century onwards it became renowned for both mining and boatbuilding which dominated the local economy until the 1990s environmentally friendly industries are emerging Situated at the innermost point of the Ranfjord Mo i Rana is just 80km south of the Arctic Circle with proximity to the coast bringing colder winters than are found further inland Heavy snow is common throughout the winter The town is served by a regional airport situated 10km north of Mo i Rana Avinor Group confirmed the project in 2014 and appointed Nordic – Office of Architecture and Haptic to design the new facility Norway's Ministry of Transport and Communications awarded a licence to Avinor for its construction and operation The new airport will feature a 2,400m runway a 6,000m2 terminal and a 4,000m2  service building It will have space for operational and maintenance equipment in addition to a 580-space passenger parking facility Airports International put a series of questions to project director Bjarte Nesse Bjarte Nesse is project director on the Mo i Rana build The airport is expected to open in 2025 and is now at the preparatory stage it was announced that Norwegian civil engineering firm AF Gruppen would build the new airport in Mo i Rana It was appointed general contractor for the construction and the contract between Avinor and AF Gruppen was signed in September The construction will take place on a collaborative basis meaning that Avinor and AF Gruppen will work together to find the best waysto carry out the project Immediately after the signing of the contract Avinor and AF Gruppen will research the best solutions for the project and agree on a final target price The construction contract for this phase will help ensure that the overall project is carried out within Avinor's cost framework Phase two will also fall within this framework the construction work started on the site at Fagerlia and on September 26 the first charge of dynamite went off demolition experts Nitrex will set off 180,000kg of dynamite to prepare fora new road to the new airport a few kilometres to the south of the existing facility The construction of the new airport hasa cost framework of €314m it was confirmed that the Norwegian state will contribute €257m to the project The project is a joint venture between the state Rana (Mo i Rana is administrative centre of the municipality) and local businesses The municipality will provide €42.9m of funding while local businesses and private donors will contribute €14.3m build and put into operation a new future-oriented and environmentally adapted airport in accordance with current and future environmental requirements and standards Our goal is for the Rana community to be proud of its new airport arrangements will be made for buses and taxis and charging stations for electric cars will be installed Remote air traffic control towers are planned and there will be satellite-based navigation solutions We expect to have many different IT systems in use at Mo i Rana Among the key systems are: common use passenger processing systems (CUPPS) equipment at check-in and gate counters with Amadeus ACUS (airport common use service) and common use self-service (CUSS) check-in kiosks although the framework agreement will be up for renewal in 2024 We also have an agreement with SITA for the provision of a self-service bag drop IBM will provide the AODB (airport operational database) and we will be looking to set up a new RMS (resource management system) agreement in 2023 we do not have a single IT or airport management system but several interactive systems that need to be seen in context A 580-space passenger car park will be among the amenities offered by the new facility Avinor has been commissioned by the Ministry of Transport to build the new airport in Mo i Rana enhanced transport service for the larger community in Helgeland and is expected to boost business in the region Polarsirkelen Lufthavnutvikling (PLU; Polarsirkelen airport development) and the rest of the local community to develop an efficient The existing airport is surrounded by high mountains which creates challenges for incoming and outgoing flights It is therefore unsuitable for longer runways and larger aircraft The impetus for building a new airport is a desire to strengthen the transport offering and business life in Helgeland through a longer runway which will make it possible to offer direct routes to Oslo The current airport has a capacity of around 120,000 travellers per year the new Mo i Rana airport will be able to handle 196,000 passengers in its opening year rising to 220,000 over the course of 15 years Our passengers are a combination of business and leisure travellers Small planes carrying up to 39 seats have a limited capacity The increased capacity is expected to boost both leisure and business travel through Mo I Rana The new airport will provide opportunities for major development of the Helgeland region the capacity of the airport makes it practically impossible to host larger events Business development will also generate a need for travel Norwegian construction company Hent has been commissioned to build Freyr Battery’s 120,000m2 Giga Arctic battery factory at Mo I Rana With a more international labour market and employees from all over the world at the battery factory and all the activity around developments in the industry there will be an increased need for accessible seats Oslo will give leisure travellers a broader offer of available seats at affordable prices most leisure trips are taken to and from the nearest major airports be able to support a population of more than 160,000 people in Norway and Sweden with new routes and connections both in Norway and across Europe The new airport has been designed to echo the nearby mountains and glacier What will set the new terminal building apart is that the architectural design has been adapted to the surrounding landscape Its setting has been interpreted in a facade inspired both by the neighbouring mountains and the Svartisen glacier It is also unusual to build an entirely new airport in Arctic conditions This requires a series of adaptations during construction phase and later operational use Large windows are intended to make the most of the short daylight hours during winter The new airport will have a runway of 2,200-2,400m and is designed to handle larger aircraft such as category C (737) and possibly category E which will make it possible to offer direct routes to Oslo as well as international routes This will make all of Europe accessible by direct flights from Mo i Rana at Avinor we always work hard to attract airlines A longer runway will make it possible to offer direct routes to Oslo and to southern Europe and other international destinations which will open new possibilities regarding airlines and routes the airport will be equipped for winter operations and will operate all year round longer runway will enable the airport to provide direct flights all over Europe Avinor is working hard to reduce the environmental footprint when building and operating airports To assure and document sustainability and make the new airport project as environmentally friendly as possible we plan to certify the project in accordance with BREEAM assessment method (for the sustainable built environment) December 2022 saw Avinor’s board of directors approve the construction of a new airport at Bodø The new facility at Mo i Rana is not the only new Avinor-run airport on the horizon the group’s board of directors approved the construction of a new Bodø Airport not including the purchase of land and excluding financing costs with the remaining costs covered by the government and local funds Avinor CEO Abraham Foss said:“We are pleased to make this decision following a lengthy process that has involved the Norwegian armed forces [which shares the airport facilities] and the municipality of Bodø and the urban development project will have a major impact on the entire region.” The project has not been without its challenges not least because of Avinor’s post-pandemic financial status “It goes without saying that this has been a difficult issue for Avinor,” said Foss we are keen to develop a new airport and we have always been clear about this The municipality of Bodø is also keen to see a new airport built while also being given the opportunity to build a new neighbourhood the project has enjoyed broad political support in the Storting [the Norwegian parliament] this is a very costly project that will have an impact on our finances for many years to come the municipality of Bodø and the Norwegian armed forces It is only natural that the path to a final decision has been rather long and winding even if all parties involved had a clear desire to get it over the finishing line.” The first contract win will be announced at the beginning of January This will be for the construction of the runway aircraft stands and other external infrastructure The new Bodø Airport will be located around 900m to the south of the present airport The latter will remain operational until the day before the new airport opens for operations Are you an airport industry decision maker Register today for your complimentary subscription to Airports International magazine plus digital access to all previous issues Several industrial initiatives that are now being planned are based on developing business parks as industrial symbioses the development of the concept as scientific recognition is initially examined It deals with the development of industrial practices in relation to geographical location organization and links of production systems It is also about how we can plan such industrial parks with a view to promoting efficient and sustainable energy and material flows The planning of the industrial parks of the future may have a circular approach depending on who is invited The presemtation discusses strategies and dilemmas seen from an industrial and planning perspective It is all about finding the recipe for robust industrial solutions that benefit sustainable social development Commercial speculative investments on the other hand The presentation combines theoretical research literature and empirical examples that include business parks of slightly different types of composition and development phases The review presents both business planning strategies and actual establishments of industrial symbioses in Norway in different phases the industrial park in Mo i Rana and Herøya in Norway The review has some reflections on the challenges and experiences with this type of business establishment New types of infrastructure and types of workplaces in these parks are also discussed in the presentation Industrial symbioses can sometimes be linked to the restructuring of existing industrial clusters that make them become more capable to share and streamline resource flows than what is the case for conventional parks without this focus it may be a matter of building completely new park arrangements from scratch as exemplified by the industrial symbiosis between a green house dairy and poultry slaughterhouse in Kviamarka in Jæren it is not always easy to fully convert conventional industrial parks established over a long period of time into industrial symbioses based on circular solutions are one of several industrial park examples that are not capable of establishing a fully closed symbioses this has to do with lack of sufficient space It can also be that the parties that could share material flows through exchange of energy or material through pipelines are not co-located side by side but are in stead placed in different places of the park Besides old unpractical and massive building structures and equipment can be very expensive to renovate and use Some businesses find it more favourable to seek for opportunities of linking their value chain with partners located outside the park boundaries The excursion to Herøya with energy flows between fertilizer production and several other chemical industries is just one of several example of this form of far distance linkage practise The C02 emissions from the fertilizer factory are for example a resource input to production of carbon dioxide used in the brewing industry the cement production in Brevik on the other side of the fjord from Herøya will ship and store its capture of CO2 in the CCS storage infrastructure in Øygarden It thus illustrates the way  some symbioses can take place far away from the park as well Industrial symbioses can be analysed on the basis of structure and connections in the form of energy and material flows as well as smart electronic networks and piping systems Nor must we forget knowledge and information exchange a symbiosis centre can constitute an arena for knowledge sharing co-creation and development of innovative solutions in a number of fields Here you can also gather PhD students and researchers entrepreneurs and established industrial players both those who are already in the industrial park The symbiosis center will thus have an important task in profiling and coordinating the park's content externally it is about being able to create a professional environment based on trust reciprocity and openness across industries and areas of expertise finding the best solution regarding the industrial park's composition is a challenge because it all depends on market and regulatory conditions and these are constantly changing Attractive offers in other countries can even ruin some investment plans something Mo i Rana is now experiencing with Freyr which has chosen to scale down its plans here and instead move investments to the US geopolitical conflicts may mean that alternative suppliers of materials and products must be found It is precisely this uncertainty about the world around us now and in the years to come that challenges the planning itself These changes in the plans challenge Rana municipality and real estate investors at this location which has already taken the initiative to expand the capacity of kindergartens schools and homes for the many who could move here to work at the large battery factory Examples invoke the responsibility of central public authorities to take their share of the investment risk through financial support in the initial phase before these projects are able to stand on their own feet The public contribution can sometimes come in the form of support for infrastructure such as power supply and roads other times in the form of research grants or capital managed by the industrial players themselves in these investments many projects find that the public sector's efforts are not being made or are not being implemented quickly enough UiO:Energy and Environment coordinates The Norwegian Research School in Renewable Energy (NorRen) The summer school brings together PhD scholars from Norway and abroad who work with energy regardless of subject academics and experts within relevant fields will interact to develop a better understanding of the energy transition Grete Rusten Department of Geography grete.rusten@uib.no Kristin Guldbrandsen Frøysa Faculty of Science and Technology kristin.froysa@uib.no Please enable JS and disable any ad blocker Danny Bogush wants to live in a world filled with innovative human creations technology or simple friendships that inspire each and one of us to be a better man with every single day forward A world where books would come with free unlimited coffee personal force fields would bring everyone to the point of a happy and meaningful life filled with joyful experiences and red carpets rolled everywhere and it would always just be another day in the office don’t tell me that now you are expecting me to say: “But there is this or that and reality is different” because it is reality - and I am not imagining it Norway is my proof that joy and happiness lives in every day’s little things most helpful and compassionate people live among us where since day one when I for the first time stepped out of a small plane in an even smaller airport I have been walking like on the red carpet I am not saying everything in Norway for international people like me is easy it’s not but here you’re probably thinking there's a “But” here's my opinion: I have been choosing to see my journey this way I choose to see goodness in everyone I meet I choose to experience the greatest outdoor adventures in the most beautiful country I choose to wake up every day with a smile on my face because I am part of Norway and I have no reason not to be happy here how did this all start and why even Norway By now you may have sensed that English is not my native language in fact for more than half of my life I didn't even know this language Just like Norwegian language never even crossed my mind until on the very last day of September 2022 I had this thought for the first time It may not seem that long ago and it’s not although a lot has changed in Mo I Rana and the surrounding areas people’s perception of international people And nevertheless people like me play a big role - internationals enormous support of Rana commune and different government agency employees involved dealing on official level With every serious situation involved that's been thrown at everyone migrating from another country With our positive attitude and respect towards each other acceptance of our differences make everyone’s life better safety and further development of being the happiest society in the whole world now I am absolutely sure you may want to know what is this dude up to and who is he… Here I am a single father to an adorable teenage boy of 14 years For the last 8 months we have called Mo I Rana our home to build a strong and vibrant cultural center for spending meaningful time with new or old friends possibly having a place that anyone at any age would feel open to visit for social gatherings To come with grandparents for early Sunday coffee or know that your teenage kid is safe there after school hours Just to have a place that any age group would call theirs and would know that it’s the place to go at any day of the week and any time of the day It’s my little secret and my little advantage to use this article for such a purpose but once a man has his eyes set on the vision then it’s just a matter of time and steps taken little by little and I believe Mo I Rana deserves only the best and will open doors to a new social club I want to be truthful and know that being true to myself and everyone around is my top virtue There has been a time when mindless drifting was my daily state of mind And looking from afar that wouldn’t be possible to tell I was married for a long time and I have two children running a private business with my spouse at that time as a pastry production company on a small scale but what’s mindless about that In life you either make a choice or someone else will make it for you It takes some time for anyone to realize which one will give purpose and meaning and appreciation and which one will deteriorate you in atoms The past is nothing that should define anyone as long as it’s used as a stepping stone for outgrowing and defining a new course of actions These and many other brilliant thoughts flow through my mind from many useful resources - books Just by walking among Helgeland’s giants in outdoor wilderness I’m sure I’m not the only one “crazy” who knows that the feeling you have being out there on top Strength of indestructible mountains above clouds the feeling of accomplishment by getting to the top it doesn’t matter if in life you are making small or big business deals they involve equal amounts of effort and time I truly have a great time and a smile all over my face by writing this piece and I’m not done here with life’s wisdoms like for those familiar with Stoicism philosophy remember Epictetus’s famous observation that every situation has two handles or two interpretations - and that we choose which one to grab We decide to feel harmed or to not feel harmed And once we make that choice - choosing not to be offended choosing to see an opportunity to practice a virtue - then we really haven’t been harmed this is my way of experiencing my hardships and joys now living in Northern Norway living through two winters and the first full summer still ahead of me It’s that support from my first employer here from company McNeil Bemanner AS and everyone involved back in autumn of 2022 working for Nortura in Bjerka transitioning to working for Freyr Battery pilot project and being employer by Haneseth Facility Sor AS and from there moving to my current employment at Arctic Rein og Vilt AS Everyone I have met and been dealing with deserves loud cheering and a pat on their shoulder Norwegians by far are one of the kindest and supportive and open people I have met you can be very proud of these virtues and it's why Norway celebrates its national birthday on 17th of May with children smiling and their faces full of joy rather than exhibiting fearmongering with military parades taken as super easy to settle down for good in a new place in a new country with new experiences and many challenges I must go with my new favorite truth of life: “the greatest competition in our lives happens between our ears” I hope some little inspiration will sparkle out of my words and by that I may be giving from my heart back to anyone who knows me and who will in the near or distant future Vi oppfordrer leserne til å bidra med sine meninger Birger Steen (t.v) svarte på spørsmål fra publikum i et åpent møte om Freyrs minimering av anlegget Giga Arctic i Mo i Rana fredag 10 Leder for samfunnsutvikling og leverandørkontakt i Freyr Møtet ble strømmet av Rana Blad. (Skjermdump) Freyr battery factory has already begun terminating employees due to the downscaling of the battery factory Giga Arctic in Mo i Rana "No locations will be unaffected," says CEO Birger Steen The company also stopped projects in Finland and Sweden Les på norsk it was revealed that the battery company Freyr will minimize spending on Giga Arctic in Mo i Rana in 2024 the company held a briefing in which the CEO informed about the process and answered questions from those present The meeting was streamed by Rana Blad. He repeated that there will be no further development of the battery factory in Mo i Rana in 2024 as originally planned the company is betting its all on the battery factory Giga America in Georgia The reason is the American support package for green industry which subsidizes national – and thus also Freyr's – battery production by 35 percent Giga Arctic was initially intended to be Freyr's mothership which Giga America was to be modeled after Steen says that European support schemes for battery production cannot compete with the US's support scheme Freyr has applied for funds from the Ministry of Trade Industry and Fisheries of around NOK 9.5 billion for Giga Arctic in Mo i Rana Steen says that there has been no formal response from the ministry yet the Freyr employees were notified that there would be an "extensive termination process," as part of cutting costs "The employees were notified yesterday," says Steen and promises "proper severance pay" for everyone who loses their job This is a market where there is a lot of competition for talent Freyr has around 60 employees in Mo i Rana The company has around 400 employees in Norway in total who are now in danger of losing their jobs Steen expressed concern about losing the employees that Freyr wants to keep to develop technology at the Giga Arctic pilot factory "This is a market where there is a lot of competition for talent and we will try to keep those we want to continue," says the director He says that no team or location will be unaffected by the layoffs "But we will continue to invest in Mo i Rana which is the heart of our technology development." This is how far Freyr Battery had come with the building of the battery factory Giga Arctic in Mo i Rana in January 2023 Steen says that Freyr has been portrayed as a company that only fills its pockets with government money and that it should be possible to work around the US IRA via Europe's Green Deal and Norway's green industrial lift "The reality is that it costs 100 dollars per kilowatt hour (kWh) to produce a battery cell the USA now subsidizes the production of battery cells with 35 dollars per kWh in a start-up phase So you can produce batteries in the USA for 65 dollars or for 100 dollars in Europe," explains the CEO The battery company's pilot factory in Mo i Rana was ready in March 2023 and Giga Arctic was scheduled to be ready in 2024 with eight production lines the factory is instead taking a break until further notice Steen says that they want to keep Giga Arctic ready to start up quickly Steen praises the reception Freyr has gotten from the local community "The reception is of a quality I have not experienced before He warns against becoming dependent on China for batteries "If we do not get our own battery production in Europe during the 2030s we will be 90 percent dependent on China for battery cells And we believe that battery cells will be the most important energy carrier in the society of the future," says Steen "Being dependent on a geopolitical competitor is not the best." Freyr's projects in Sweden and Finland are also put on hold Freyr originally planned to build a cathode factory in Wasa "We are not going to build a battery factory in Finland under these framework conditions," says Steen Freyr writes in a press release that they have received NOK 183 million in support from Innovation Norway and Enova Freyr has invested NOK 4 billion in Mo i Rana since the plans were launched in 2019 the company has been promised a loan guarantee and a possible loan from Eksfin of up to NOK 4 billion the Chair of the County Council in Nordland stated that the county council will assist the Rana community with challenges in connection with the downscaling at Freyr Freyr is now moving its headquarters from Luxembourg to the USA The goal now is for Giga America to produce its first battery cells in 2025 Stay at the forefront of the industrial gas industry with a gasworld subscription and get access to: Norway’s first ever advanced e-fuels production facility is scheduled to be built at Mo Industrial Park in Mo i Rana The company will work alongside Mo Industrial Park to develop the facility which will use captured carbon dioxide (CO2) and green hydrogen to produce fuels capable of decarbonising hard to abate sectors such as aviation and maritime shipping The city of Mo i Rana has earmarked land for the e-fuels project and renewable power required to produce green hydrogen as a feedstock for Infinium’s process to continue reading you must be subscribed At a time when the world is forced to go digital more than ever before just to stay connected discover the in-depth content our subscribers receive every month by subscribing to gasworld Freyr is building the Giga Arctic factory in Mo i Rana Giga Arctic was scheduled to be in production at the end of 2024 The battery company Freyr has decided to cut costs in building the battery factory in Mo i Rana "The news of Freyr putting the factory building for battery production on hold in Mo i Rana is sad and severe," says the Chair of the County Government Les på norsk The battery company Freyr will cut the costs at their battery venture in Mo i Rana in 2024 This was revealed in a press release from the company on Thursday Freyr is building the battery factory Giga Arctic in Mo i Rana The Giga factory has been referred to as potentially one of the largest investments in mainland Norway in recent times Freyr is now choosing to minimize Giga Arctic spending for 2024 "The decision to minimize spending is intended to allow for continued technology development at the CQP while Freyr continues to work with stakeholders in Norway and Europe to establish competitive regulatory framework conditions for scaling battery manufacturing," writes the company CQP is Freyr's Customer's Qualification Plant on Mo.  "Norway and Europe have yet to offer a competitive response to the US Inflation Reduction Act (“IRA”) or similar incentives from Canada FREYR plans to minimize spending on the project in 2024 secure the asset with the remaining committed capital spending and continue to work with stakeholders in Norway and Europe to develop a mutually attractive policy solution," the press release reads it was made known that Freyr would continue the project in Mo i Rana at a measured pace in favor of a US venture – the building of the Giga America factory in the state of Georgia The company further pointed to an expectation of a potential Norwegian response to the US' financial support package for American businesses – meant to accelerate the construction of green industry in the US "The news of Freyr putting the factory building for battery production on hold in Mo i Rana is sad and severe for the Rana community," says the Chair of the County Government this may entail downsizing and that the planned giga factory in Mo will not be realized until the framework conditions in Norway and Europe are possibly changed," Eggesvik adds believing that this is a severe setback for the industrial development in Nordland will now look at what other measures we may employ to support the growth of green industry in the county The county will surely support the Rana community with the challenges that may arise with the downscaling at Freyr in the coming time," he says Minister of Trade and Industry Jan Christian Vestre launched Norway's new battery strategy at Freyr in Mo Industrial Park. (Photo: Ministry of Trade and Industry) Freyr Battery confirms the construction of a battery gigafactory in Mo i Rana The Norwegian Government will support Freyr with NOK 4 billion the Minister of Trade and Industry announced as he presented Norway's new battery strategy in Mo Industrial Park.  Minister of Trade and Industry Jan Christian Vestre (Labor Party) presented the government's new battery strategy on Wednesday The goal is for Norway to be an attractive host country for sustainable and profitable activity throughout the battery value chain as well as attracting the large giga factories During the press conference Vestre held at the Mo Industrial Park he announced that Freyr's board has approved the construction of the giga factory in Mo i Rana Freyr's investment decision for Giga Arctic (formerly Giga Factory 1 and 2) is NOK 17 billion. The government will provide 4 billion NOK in the form of loans and guarantees for the giant factory The Minister of Trade and Industry launched the following 10 measures for how Norway will further develop a coherent and profitable battery value chain: the Norwegian value chain for batteries can employ tens of thousands of people and have a turnover of at least NOK 90 billion by 2030 Global demand is growing exponentially and Norway has very good conditions for success in this race" says Minister of Trade and Industry Jan Christian Vestre in a press release.  "The third quarter marks a milestone in Rana Gruber's history with the highest production ever recorded in a quarter," says CEO Gunnar Moe at Rana Gruber The Norwegian mining company Rana Gruber increased production significantly and delivered the strongest quarter in the company's history Les på norsk which operates iron ore extraction northeast of Mo i Rana in Nordland achieved record production in the third quarter of the year That was revealed in a stock exchange announcement on Wednesday The company produced 503 thousand tonnes of iron ore concentrate in the quarter which is a significant increase from the same quarter the previous year – and is the strongest quarter in the company's history "It is extra gratifying that we concurrently manage to maintain quality while increasing volume," the message reads up from NOK 230.5 million in the third quarter of 2022 Rana Gruber writes that the increase is due to higher realized prices than recorded income from shipments in the previous quarter and currency effects from a weakened Norwegian krone Together with operating costs of NOK 228.7 million this resulted in increased operating profit The net profit after tax was NOK 171.2 million up from NOK 55.4 million in the third quarter of 2022 Freyr Battery was granted NOK 8.8 million from the Research Council of Norway The money will go towards streamlining the production line at the test factory in Mo i Rana Les på norsk Freyr Battery was recently awarded NOK 8,850,000 from the Research Council of Norway the research council awarded NOK 216 million apportioned to 25 businesses The money will go to innovation and research contributing to reaching Norway's climate and energy objectives The company will use the money to streamline the production line at the test factory in Mo I Rana, Northern Norway, according to Rana Blad. The allocation of funds was disclosed on December 18th last year not long after Freyr announced cuts in the form of terminations and the scaling-down of the battery production in Mo i Rana This resulted from the company moving production to the US and the Giga America factory The Giga Arctic in Rana municipality has been put on hold while awaiting funds from the Ministry of Trade around NOK 9,5 million is needed to start production in Mo i Rana.  Freyr is investing in the pilot factory CQP in Rana The factory has produced semi-automatic battery cells and will now develop the technology to become fully automated Freyr was the only Northern Norwegian business receiving funds from the research council in this round Freyr building the Giga Arctic factory in Mo i Rana in Northern Norway Giga Arctic is scheduled to start production toward the end of 2024 While awaiting the Norwegian government's response to the US support package for green industries Freyr proceeds with the development of Giga Arctic at a measured pace The battery company informs that they will now develop Giga America in parallel with Giga Arctic Read this article in Norwegian. The development of Freyr's battery factory continues at a measured pace with the expectation of a potential Norwegian response to the US support package for American businesses – meant to accelerate the development of green industry in the US This is made clear in the company's quarterly report for the first quarter of 2023 Giga Arctic is Freyr Battery's planned battery factory in Mo i Rana The NOK 40 billion Gigafactory has been referred to as potentially one of the most prominent establishments in mainland Norway in recent times Freyr announced a decision to invest of NOK 17 billion in Giga Arctic in June 2022 (Norwegian only) Freyr needs more than NOK 15 billion in additional capital injections to complete the factory.  At the same time that the company is developing Giga Arctic the company has also announced a venture in the US with the building of the Giga America factory in Coweta County in the state of Georgia The American expansion was accelerated by the Biden administration's aforementioned legislation The quarterly report reveals that financial discussions include the initial and subsequent phases of Giga America which is supported by the IRA – as well as Giga Arctic which is supported by the ongoing project financing process and the anticipated Norwegian response to the IRA Freyr announces it has received a letter from the Norwegian government stating that it is now updating and adjusting its response to the US Inflation Reduction Act as well as the EU's Temporary Crisis Transition Framework the government aims for solutions that will strengthen Norway's comparative advantages and preconditions the government also emphasizes Norway's ambition to be an attractive host nation across the battery value chain and to attract major battery-related investments in gigafactories through its national battery strategy The government also indicated that a detailed summary of its response to the IRA would come this summer The US' new subsidies for its own industries have potentially major consequences for foreign industries for instance such as reduced competitiveness for Norwegian businesses' export to the US market that Norway is not part of the EU brings challenges for Freyr's production of other products than battery cells This comes as a result of electric car batteries must originate in the EU or UK from 2027 Norway is considered a third country and will be required to pay ten percent in taxes As High North News recently reported, the plans for electric car batteries at the factory in Mo i Rana was therefore put on hold until further notice battery cells are produced. These are put into modules and then placed in containers for storage.  "Until the Norwegian government finds a solution to the EU tax we will not be producing electric car batteries in Norway," said the Executive Chairman of Freyr to HNN "We might be able to build electric car batteries in the next factory that will be built in Norway if the government is able to solve the issue of the EU tax but we do not have any plans for this in Norway as of today." "Batteries that are produced in Mo i Rana will go to energy storage systems So they are not subject to the tax in question," said Torstein Dale Sjøtveit to High North News "Developing Giga Arctic and Giga America in parallel is done with the intention of maximizing the option value of the company and other key stakeholders," reads the quarterly report The company notes recently announced support packages for gigafactories in Germany and writes that while awaiting a government response to the IRA Freyr will proceed with the development of Giga Arctic at a measured pace Freyr spent USD 64.1 million on previously authorized investments in the first quarter of 2023 of which approximately 75 percent was allocated to Giga Arctic with the remainder going primarily to the completion of CQP Freyr's customer qualification plant in Mo i Rana Freyr expects to begin casting of electrodes with active cathodes and anode materials in the year's second quarter.  This article was originally published in Norwegian and has been translated by Birgitte Annie Molid Martinussen Elkem’s acquisition of Fesil has now been approved by the Competition Authority in Norway The new company’s name will be Elkem Rana AS Elkem agreed to acquire Fesil Rana Metall AS as well as the company’s 33% ownership share in Nor-Kvarts AS a company of which Elkem already owned the rest Now this acquisition has been approved by the Competition Authority Fesil Rana Metall AS has been 100% owned by Fesil AS which is used as an additive in steel production 100 employees and exports nearly all its production which until recently was a co-ownership between Elkem and Fesil AS is a company operating five production sites for quartz in Spain Elkem is one of the world’s leading companies of environmentally friendly raw material production The acquisition of the Rana-based company is a part of Elkem’s strategy for growth and increased production flexibility and now that the acquisition has been approved by the CA Elkem will start the process of integrating the new Elkem Rana AS into its organization the company is present in more than 50 countries around the world and has 22 production facilities They are owned by the Chinese corporation China National Bluestar which wants to develop battery production in Mo i Rana The price has dropped significantly during this last month.  Norsk versjon Freyr Battery was listed on the New York Stock Exchange (NYSE) in the summer of 2021 to raise capital for the company's venture in Norway the company has also extended its ventures to the US The company secured NOK 7.3 billion in new equity at the stock market listing to realize the battery factory Giga Arctic in Mo i Rana Freyr's stock price was between 9 and 10 dollars while it had reached a peak of a little over 15 in November 2022 and figures from Nordnet show that the stock is down a whopping 69 percent in the past 12 months The stock price has dropped sharply by 28 percent in the past month Earlier this month, the Norwegian news paper Finansavisen wrote that the drop has led to enormous losses in value for several of the Freyr owners' stocks and options.  "The stock price is a reflection of what we deliver We work hard to demonstrate that we can produce batteries quickly and on a large scale it will be visible in the stock price," said Chairman Tom Einar Jensen to Finansavisen earlier this fall He added that the essential thing to Freyr at the moment is to demonstrate that the company can produce batteries of good quality in the customer qualification factory in Mo i Rana as well as to finalize the funding for the two factories to be built in Norway and the US The giga factory's establishment in Mo i Rana has been estimated to cost NOK 30 billion and has been referred to as potentially one of the largest establishments in mainland Norway in recent times In June 2022, Freyr announced an investment decision of NOK 17 billion in Giga Arctic in Mo i Rana. The Norwegian government has said they will contribute NOK 4 billion in loans and guarantees for the giga factory the company needs more than NOK 15 billion in extra capital injections to complete the factory Freyr has previously presented plans to start production in Mo i Rana at the end of 2024 As High North News reported before the summer the project in Mo i Rana is continuing at a measured pace – in favor of a venture in the US with the construction of the Giga America factory in the state of Georgia The US venture was accelerated with the US Inflation Reduction Act (IRA) held an open meeting under the auspices of the Bodø region's development company now under construction in Mo is scheduled to be in production in 2024 We hope to be able to present the first battery by then," says Sjøtveit The company also reports that they have bought property "somewhere in Europe"."Until the Norwegian government finds a solution to the EU tax we will not be producing electric car batteries in Norway," says Executive Chairman of Freyr Freyr Battery's construction of Giga Arctic in Mo i Rana in Northern Norway is underway The battery factory of NOK 17 billion will be one of the largest establishments in mainland Norway in recent times Over 600 people are to be employed in this factory alone The supply industry and a potential new gigafactory There will be over 1000 people employed just in the construction phase Giga Arctic is scheduled to be in production towards the end of 2024 "We hope to have a battery to present by then," says Executive Chairman of Freyr Norway's non-membership of the EU and the US' new subsidies of the national industry puts a spanner in the works of the battery factory's production of other products than battery cells Plans for electric car batteries from the factory in Mo in Northern Norway have been put on hold until further notice we do not have any plans of producing electric car batteries in Norway electric car batteries must have their origin in the EU or the UK Norway is considered a third country and will be required to pay ten percent in taxes.  we will not be producing electric car batteries in Norway," says Sjøtveit to High North News but we do not have any plans for this in Norway as of today Batteries that are produced in Mo i Rana will go to energy storage systems So they are not subject to the tax in question," says Stjøtveit.  only battery cells are produced in the Giga Arctic factory These are put into modules and then placed in containers for storage Freyr has bought properties in both Finland and the US a location they are not willing to disclose at the moment This is how far Freyr Battery has gotten in the construction of the battery factory Giga Arctic in Mo i Rana Freyr announced that they are accelerating their planned American expansion because of President Joe Biden's "Inflation Reduction Act" (IRA) which amounts to an impressive USD 369 billion The act comes into force this year and will ensure green restructuring in the US through subsidies A number of the subsidies in the act depend on goods having a certain proportion of components produced in the US or in countries with which the US has a free trade agreement Work is currently taking place in the EU to ensure an exception to prevent European goods from losing their competitiveness in the American market It is important for Norway to be a part of such an agreement.  Freyr Battery does not wait for the Norwegian government to solve the issue and is now developing American Giga America while simultaneously constructing the Giga Arctic factory in Mo i Rana The initial phase of Giga America will be a cell production module of approx After all the planned construction phases are concluded Giga America is expected to be one of the largest projects within battery cell production in the world The American factory will be established in Atlanta "The average price of a battery in the world today is maybe 120-130 dollars So that is a very strong driving force which makes us want to invest in the US as well," says Sjøtveit.  Freyr also announced last year an agreement with the Finnish city of Vaasa for the temporary lease of 130 hectares of land The land will house Freyr's planned battery cell production facility in the EU and is part of the company's strategic cooperation with Vaasa to develop battery technology and production on an industrial scale in Finland Torstein Dale Sjøtveit cannot say anything about the actual start of construction in Finland and the US "What can you say about the property in Europe?" "We have the one in Finland and we have also looked at property somewhere else in Europe This is connected to the EU tax and that we are outside of the EU we have not secured ourselves when it comes to electric car batteries But we can hope for a solution," says Sjøtveit There will be a need for major external contributions Parallel with the construction of Giga Arctic in Mo i Rana the local community prepares for the announced growth with residential construction "There will be a need for major external contributions in supplier industries He believes the actual number of employees at the factory in Mo is somewhat higher than the announced 1500 200 people are employed at the facility and Freyr consists of 350 employees when the battery factory is in full operation it is expected that the Rana community will grow by approx 5000 inhabitants when the partners and children of the employees are included 20 percent of the local investment in Freyr is also available for local businesses Sjøtveit estimates that 21 local companies that have worked with Giga Arctic have delivered goods and services for almost NOK 400 million Sjøtveit is clear that Freyr will also need local businesses going forward to keep the factory running around the clock The project is initiated in Mo Industry Park an industrial hub in the High North and one of Norway’s largest industry parks It includes more than 100 companies an a staff of more than 2,300 Chinese-owned Elkem and Aker Carbon Capture want to test one of the world’s first carbon capturing facilities on emissions from smelters in Mo i Rana Chinese-owned Elkem recently announced that it wants to test one of thew world’s first carbon capturing facilities for smelters at its Elkem Rana factory in Nordland is to be installed at the Elkem Rana factory Elkem produced silicone and silicon products Its smelter in Mo i Rana produces ferrosilicon the carbon capturing facility will be the world’s first-ever such unit for capturing CO2 from ferrosilicon production emissions from SMA Mineral will also be gradually phased into the cleansing facility “Cutting carbon emissions is quite necessary this project will create new jobs and secure the competitive edge of this industry This is also in accordance with the sustainability strategy of Mo Industry Park and the initiative will add cutting-edge expertise to the region” says Director of Property Development in Mo Industry Park Jan Gabor The project is a collaboration between Elkem and Mo Industry Park Arctic Cluster Team and Aker Carbon Capture The project is funded through Gassnova’s CLIMIT program which is Norway’s national program for research development and demonstration of CO2 capture and storing technology “It is a goal for Elkem to be part of the solution to fight climate change and to be one of the winners of the Green Shift Our mission is to offer advanced material solutions shaping a better and more sustainable future We have recently released a climate map describing our ambition to reduce emissions while we increase our supplies for the green transition Carbon capturing is a key technology to achieve a net zero by 2050” “The test unit installed at Elkem Rana means that we are now taking one step ahead The work that is to be done in Rana will also carry much relevance for other facilities both in Elkem as well as for other actors in the industry Forbes contributors publish independent expert analyses and insights David Nikel is a travel writer covering cruising and Scandinavia.Follow AuthorMay 10 08:50am EDTShareSaveThis article is more than 4 years old.The proposed Arctic Circle Airport at Mo i Rana is needed to boost economic activity in the region More according to the Norwegian government The Norwegian government is pressing ahead with plans to build a new ‘Arctic Circle Airport’ near Mo i Rana despite intense opposition from many local governments in the region A new airport at Mo i Rana would replace the town’s current small airport It has a short runway that can only accept small propellor planes operated by Widerøe The facilities at the proposed new airport would allow for direct flights to and from Oslo and the possibility for flights to and from international destinations Architect's plans for the proposed new airport which would be located near the Arctic Circle in .. Hareide said he feels a strong local and regional commitment to a new major airport in Mo i Rana “Nordland County Council has pointed to this solution parliament has decided that the new airport will be located in Mo i Rana This plan is now being followed by the government “Norwegian society is in a situation where the business sector has major challenges due to the coronavirus Rana municipality will extend itself as far as possible to realize the largest growth project in Helgeland and will therefore take on greater responsibility for financing a new airport in Rana,” read the statement The total cost of the proposed new airport will be two billion Norwegian kroner ($195 million) with much of the money provided by government 12 mayors elsewhere in the Helgeland region object to so much government money being spent in the name of the region when they will see little benefit from a new airport Norway's Minister of Transport and Communications Knut Arild Hareide insists the proposed new .. More airport will benefit the whole of Helgeland In a letter to the Ministry of Transport and Communications the 11 mayors reminded Hareide that he does not speak for the whole of Helgeland they claim analysis shows the new airport will result in the closure of the smaller airports at Mosjøen and Sandnessjøen “Minister Bent Høie has now decided that Helgeland's main hospital will be located in Sandnessjøen and its surroundings so it will be very irresponsible to build a major airport in Rana that will require the closure of Sandnessjøen Airport This means that acutely ill patients cannot be transported by air ambulance from the main hospital in Sandnessjøen to the University Hospital in Tromsø or other major hospitals Other municipalities also lose air ambulance flights if Mosjøen Airport is closed down.” The 11 mayors also highlight the environmental impact of a new major airport They ask that today’s airport infrastructure be maintained and further developed as part of the “green shift” that includes a transition to electric aircraft will be cheaper and more environmentally friendly than large fossil-fuelled jets taking off and landing from a new major airport Norway’s government and private sector is investing heavily in feasibility studies and research projects for electric aircraft They are seen as a green alternative to Norway’s significant small airport infrastructure of today that serves many remote communities The 12 mayors request a digital meeting with Hareide to discuss their concerns Construction of the new airport is scheduled to start in the fall of 2020 The Freyr Board has approved the Norwegian company to build the first battery cell factory in Rana for production to start in the first half of 2024 the plant has been designed for an annual capacity of 29 GWh At Mo i Rana, Freyr is already building the so-called CQP (Customer Qualification Plant) production line which is scheduled to come on stream in the second half of 2022 Freyr intends to use this production to manufacture sample cells for potential customers – to the tune of 2-gigawatt hours With the decision now announced by the Board of Management it is clear that the company’s first large-scale production plant will also be built there – this was final confirmation The plans have also been adjusted several times Freyr wanted to create two smaller factories in Rana which would have produced NCM battery cells only one plant is planned (with 150 per cent higher capacity than one of the smaller factories) and Freyr is also reportedly planning a joint venture with Aleees to produce LFP cathode materials Freyr says it intends to allocate about half of Giga Arctic’s production capacity to “long-term offtake partners.” The remaining volume will be reserved “to address exponentially growing market demand” – sold to customers without long-term commitments at the best possible price The Freyr board credits this plan with the potential of $2 billion in sales per year Freyr says it has received funding commitments totalling $1.6 billion exceeding management’s leverage target This includes 400 million euros from Eksfin The Norwegian government’s national battery strategy was also presented at the Freyr event in Mo i Rana The Giga Arctic is said to come at around 50 per cent lower investment costs per GWh of nominal capacity Thanks to the high level of automation – as reported with equipment from British automation specialist Mpac Lambert – production per employee is expected to be 200 per cent higher than in current battery factories accelerated commercial momentum and strong support from Eksfin Giga Arctic represents one of Norway’s largest onshore industrial investments in recent decades,” says Torstein Dale Sjøtveit Freyr aims to have built a total production capacity of 200 GWh Giga Arctic in Mo i Rana could be expanded in the future: The company is evaluating adding a module and pack assembly and recycling and other applications at the site Freyr has now entered into an important partnership for the equipment of the battery factories planned or under construction a South Korean provider of automation solutions for battery plants is to develop the equipment and automation solutions for the so-called CQP production line (Customer Qualification Plant) in Rana as well as for Freyr’s planned gigafactories The two companies have in common that Hana Technology is a pre-qualified supplier of 24M Technologies and Freyr has also licensed the technology from 24M The agreement specifies that Hana Technology will support areas that include pouch assembly as well as scrap-discharge equipment for Freyr’s Gigafactories Hana Technology will also collaborate with Freyr to review Freyr Battery has taken another important step towards building the Giga Arctic battery cell factory in Mo i Rana one of Norway’s largest general contractors and project developers project management and construction of the 120,000-square-meter battery factory building Freyr says the contract also includes facilities and infrastructure This is not the first collaboration between the two companies: In December 2021 Hent was appointed as general contractor for the first phase in Mo i Rana the construction of the so-called Customer Qualification Plant I agree with the Privacy policy electrive has been following the development of electric mobility with journalistic passion and expertise since 2013 we offer comprehensive coverage of the highest quality — as a central platform for the rapid development of this technology ShareSaveCommentLifestyleTravelPlans For Three New Airports In Northern Norway Under FireByDavid Nikel David Nikel is a travel writer covering cruising and Scandinavia.Follow AuthorApr 06 04:05am EDTShareSaveCommentThis article is more than 4 years old.The proposed relocated airport and new district of Bodø Does Northern Norway's Nordland county really need three new airports Plans are in place to build new airports with full-size runways in Bodø this would mean four full-size airports serving a county of just 250,000 people the group claimed building the airports will have "too great an impact" on the environment and the climate: "A society that is planning more and more trips will have major problems in achieving the climate goals we need." Plans are in place to relocate the existing Bodø airport by half a mile to make room for a new city district at a total cost of NOK 5.7 billion ($671 million) It will be one of the biggest ever urban redevelopment projects in Norway The picturesque Lofoten islands is served by two small short-runway airports that can only handle propeller planes most air travelers to Lofoten must change planes at Bodø At a cost of NOK 2.5 billion ($294 million) a new airport at Leknes will replace the smaller airports and allow more direct flights from Oslo Friends of the Earth are most concerned with the projects at Rana and Leknes where a lot of topsoil must be removed during the construction the boggy land on which the airport will be built could be a big natural store of CO2 a local Friends of the Earth representative claimed there has been "no analysis at all" on how much CO2 would be released as a result of the airport construction A spokesperson for the airport development company said the bogs would be "reused" to cover areas around the airport adding that the project would lead to massive centralization in a region that has recently suffered from population drain You may not be able to find the page you were after because of: You might find one of the following links useful: Discover the mipTOF for fast and high-quality trace element and metals analysis in the air The MPA Horizon Next-Gen Membrane Permeation Analyzer delivers advanced gas and vapor permeation analysis for membranes and barrier films With state-of-the-art Proton Exchange Membrane stacks PSM Series electrolysers ensure economical high-purity hydrogen production for large-scale applications ACCIONA's Turbine Made initiative recycles decommissioned wind turbine blades into high-performance surfboards Watercycle Technologies is transforming battery recycling and mineral recovery supporting the transition to a low-carbon economy you can trust me to find commercial scientific answers from AZoNetwork.com please log into your AZoProfile account first Registered members can chat with Azthena, request quotations, download pdf's, brochures and subscribe to our related newsletter content A few things you need to know before we start Read the full Terms & Conditions Freyr merges and gets listed on the New York Stock Exchange Freyr plans for large-scale battery cell production in Northern Norway The company expects to create up to 1,500 new jobs over the next four to five years Freyr has signed agreements securing NOK 7.3 billion in new equity according to a company notification Friday Freyr plans to start producing battery cells in Mo i Rana with an annual capacity of up to 43 GWh by 2025 Investors include Koch Strategic Platforms Fidelity Management & Research Company LLC Sylebra Capital and Van Eck Associates Corporation “We have found broad support from politicians business organisations and the Norwegian tech community on local and national levels ever since we started Freyr in2 018 as well as other local and regional actors Freyr has gone from being on the drawing board to now becoming a reality thanks to the support from international investors" “We look forward to entering into delivery agreements with customers and starting up production of the world’s cleanest and most cost-efficient batteries this represents the best opportunity for development of sustainable and profitable Norwegian renewable industry for the next decade.” The transaction itself is conducted through Freyr merging with Alussa Energy Acquisition Corp 100 percent of existing Freyr shares will be transferred to the merged and listed company Freyr believes the merged company will have an equity value of NOK 12 billion “We have considered more than 75 different investment opportunities in the energy and energy transition sector since the company was listed by the end of 2019 ready to implement next generation battery technology to meet a significant and growing demand in markets in the most sustainable way possible” President and Board Member of Alussa Energy This article was originally published in Norwegian and has been translated by HNN's Elisabeth Bergquist Welcome to www.automotivelogistics.media. 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Read our policy By Marcus Williams2023-03-20T16:18:00+00:00 Freyr Battery is inaugurating lithium-ion battery production on its demonstration line in Mo i Rana The battery maker will start sample production at its Customer Qualification Plant (CQP) based on the cell technology it licences from US-based 24M Technologies The demonstration line will produce batteries based on 24M’s SemiSolid lithium-ion battery platform The company is holding a Chapter One opening event on March 28 The CQP test production precedes full output in 2024 at the GigaArctic battery plant currently under construction Freyr is launching demonstration production at the 13,000 sq.m CQP to make sample sales for its customers It is also running test production on different materials and to train its operatives Taken together the company expects to iron out any potential problems ahead of the official start of production at its GigaArtic battery plant the 24M battery production process differs from conventional battery cell production by only having steps five steps in the production process Speaking last December at an event at the Royal Society of Arts, Manufactures and Commerce in London said the modularised footprint his company was putting down in Mo i Rana will bring a step change to the low-emission industrial-scale production of lithium batteries the company has agreements to supply energy storage devices for customers including Impact Clean Power Technology It has also set up a joint venture with Nidec for the production of an integrated battery energy storage Localised production for the automotive industry is in high demand in Europe and in its fourth quarter update for 2022 Freyr said targeting the commercial and passenger vehicle markets to complement supply to the energy storage system market.  Last November Freyr also announced the purchase of a site for its Giga America battery manufacturing project in Coweta County The plant will begin production with 34 GWh capacity and an investment of $1.7 billion Toyota is looking at how it can continue to grow its electric vehicle and battery business sustainably in Japan while considering demand and the impact of material prices Ukraine has agreed to a framework proposal to share 50% of the revenue from its critical mineral deposits with the US for reciprocal security guarantees Mazda is going to assemble battery module packs from cylindrical lithium-ion batteries supplied by Panasonic Energy in Yamaguchi Site powered by Webvision Cloud U.S.-based e-fuels provider Infinium and compatriot operator of carbon capture and storage (CCS) facilities Summit Carbon Solutions have entered an arrangement for the supply of up to 670,000 metric tons of carbon dioxide (CO2) annually at a proposed e-fuels facility in North Dakota or South Dakota which is important to the production of ultra-low carbon e-fuels made by combining captured CO2 with renewable power-derived green hydrogen said: “As demand for eFuels continues to rise it is essential to secure reliable and scalable CO2 sources Summit’s infrastructure would supply the CO2 needed to scale production and advance eFuels as a key part of America’s energy future.” Infinium claimed that the construction and operation of its e-fuels facility in the Midwestern U.S would promote significant investment in state and local economies and support hundreds of additional positions it would open additional market opportunities for U.S ethanol producers and farmers in America’s Heartland commented: “This partnership demonstrates how CO2 infrastructure drives energy independence and enables new markets for ethanol producers and Infinium’s eFuels technology is an important piece of the puzzle we’re helping unlock opportunities that support domestic energy production and economic growth.” an industrial development zone in Northern Norway signed a memorandum of understanding (MoU) to develop an advanced e-fuels production facility in Mo i Rana the company announced eFuels projects in South Texas and West Texas in the U.S. with offtake commitments from Amazon and American Airlines respectively the provider manufactured a ton of its proprietary which according to the company is a critical component in the creation of e-fuels Daily news and in-depth stories in your inbox The Pioneers of Offshore Engineering GustoMSC part of NOV’s Marine and Construction business is recognized for providing advanced design & engineering consultancy for mobile offshore units and reliable equipment and technical knowledge into realistic & innovative ideas The performance of new and existing jack-ups The international tech company Bitfury invests in Mo Industrial Park and initially aims to create more than 30 local jobs the company hopes to further expand its activities The news were announced at a press conference with Mo Industrial Park and Bitfury’s CEO Valery Vavilov this morning High North News reported before the weekend that the tech company is looking to establish Norway’s largest tech center so far in Mo Industrial Park The company is to invest some NOK 274 million (USD 35 million) in infrastructure related to the data center Vavilov says that Norway is an extraordinary country as far as innovation goes and that Norway is also a geographically important area for block chain technology growth the CEO also praised Norwegian authorities for their focusing on creating a reasonable tax system for foreign investors - Norway is an optimal match for Bitfury’s focus on creativity - We look forward to identifying new customer relations and shaping the products and solutions they need for their companies to operate more securely and efficiently also attended the opening today and he is very pleased with the new establishment - We are very pleased that the Bitfury Group has chosen to establish its new data centre in Norway Data as a resource will become increasingly important for business as well as society in general This represents a significant economic opportunity for Norwegian companies The data centre industry is rapidly growing and provides Norway with opportunities for economic growth and new jobs the Trade and Industry Minister said prior to the press conference is grateful that the negotiations about the establishing led to a result - This will mean a lot for developing the data center industry in the Helgeland region It is also a strong signal that Nordland County is among the most competitive locations in the world for this kind of activity high industrial competence and a significant hydropower surplus Bitfury is leading the business on a global scale when it comes to development of regulations standards and best practice in block chain technology The company offers a series of services related to block chain technology and will initially be located at two different locations in MIP The data center’s average efficiency when it comes to power use (PUE) will be 1.05 or less make the center one of the most energy efficient centers in the world Bitfury’s annual electric power consumption will be 350 GWh based on 100 % renewable hydropower supplied by Helgeland Kraft Norway — Equinor has secured approval from Norway’s authorities for plans for development and operation involving two production hubs in the Norwegian Sea Equinor's senior vice president for project development "We are experiencing a strong demand for oil and gas from the Norwegian Continental Shelf [NCS] in the current geopolitical situation…These development projects will quickly bring new production to market with low development costs while extending the activity on the host platform." Westcon Helgeland will deliver large parts of the subsea equipment under sub-contract to TechnipFMC is responsible for modifying the platform for the Irpa gas tie-in Equinor estimates capex at NOK14.8 billion ($1.37 billion) The gas will head through existing Aasta Hansteen infrastructure for transportation via the Polarled pipeline to the Nyhamna processing plant in western Norway the gas will be sent through the Langeled pipeline system to the UK and mainland Europe Verdande will help extend Norne’s productive life and support the 900 person-years of employment (direct and indirect) associated with field operations It comprises the recent Cape Vulture and Alve Northeast discoveries in 350-380 m of water at a cost of NOK4.7 billion ($437 million) Aibel’s modifications and maintenance suppliers in Harstad and other subcontractors in northern Norway will be involved with Aibel also performing modifications to the FPSO related to Andvare which will be drilled as a sidetrack from one of the existing subsea templates on the Norne Field will cost NOK500 million ($46.5 million) and should come onstream next year 06.28.2023 The core activities of Leonhard Nilsen and Sønner include road and tunnel construction and mass removal The company is also involved in mining as an operating contractor for several mining companies in Norway The Northern Norwegian contractor company Leonhard Nilsen & Sønner (LNS) reached the NOK three billion mark in turnover for the first time in 2023 the company has made up the losses for the LNS-owned ruby mine in Greenland Les på norsk. The contractor group Leonhard Nilsen og Sønner (LNS) had a turnover of NOK 3,1 billion in 2023 This is an increase from 2,7 billion the year before and a new record for the company even though it hasn't been a target in itself to reach NOK 3 billion," says CEO Frode Nilsen to High North News LNS is Northern Norway's largest contractor and has built several of the country's longest tunnels It is also the operation contractor for mining companies LNS is also the majority owner of Greenland Ruby which engaged in ruby extraction in Greenland until the end of 2022 it was revealed that the board of Greenland Ruby has applied for a reconstruction of the company in an attempt to avoid bankruptcy Greenland Ruby has not succeeded in obtaining sufficient income to manage its debt the ruby mine in Greenland's economic situation is largely affecting last year's results.  "We have managed all the losses in Greenland But we have settled everything and are left with a solid equity capital we go full speed ahead," elaborates Nilsen The group ended up with a minor deficit in 2023 and the annual profit was NOK 29 million in the red What was particularly good about last year "We have had positive contributions to several of our projects our contractor company has made the largest contributions." Nilsen highlights the success of road projects been operating two road projects over the past years: the building of the new E6 highway past Trofors in Helgeland and the new E6 over the Kvænang mountain in Northern Troms LNS' headquarters are located in Risøyhamn in Andøya municipality in Northern Norway we opened the tunnel here nine months ahead of schedule The entire project was officially opened Wednesday last week but there has been traffic there before the summer but we have solved them well and are on schedule." the CEO highlighted that the company was affected by both delivery issues due to the war in Ukraine and higher prices on input factors "What one could have delivered almost overnight can now take several months This particularly applies to machines and various equipment that is hard to get," said Nilsen There have also been some price increases in the past years but it is not increasing as much as it did," he concludes Norwegian lithium-ion gigafactory startup FREYR Battery has signed a binding agreement with renewable energy group Statkraft covering 2024-31 for its first two gigafactories The two companies have signed a binding Heads of Terms which will be finalised as a long-term physical supply agreement of power for FREYR’s first facilities The deal will secure the supply from Mo I Rana’s central grid to FREYR’s Customer Qualification Plant and Gigafactories 1 and 2 The combined gigafactory will have an annual production capacity of 13GWh and the company has indicated a strong focus on the energy storage sector in the last 18 months Statkraft will commit to a 23MW baseload with an accumulated 1.3TWh delivery over the contract as well as guarantees of origin to ensure the power is sourced from its hydropower assets specifically the 500MW Rana hydropower plant The company is owned by the Norwegian state and is responsible for the majority of Norway’s hydropower assets which provide the vast majority of the country’s electricity needs said: “Our ambition is to produce clean battery cells and a key element of our strategy is to power our operations with renewable energy This agreement with Statkraft ensures that our production facilities in Mo i Rana will have a steady long-term supply of hydropower from local sources – keeping our carbon footprint to a minimum as we speed forward to full operations.” In the last few months, the company announced offtake agreements totaling 53.5GWh (over multiple years) with several energy storage incumbents. Those built on existing announcements worth a total of 50GWh with Honeywell and an unnamed partner that FREYR will work with to launch a system integrator play It signed an ‘initial agreement’ with Siemens Energy supplying batteries for energy storage applications in 2020 but its first gigafactory launch date has been pushed by at least two years since then so the outcome of that deal is not clear By Zachariah Hughes - Alaska Public Radio Network Joar Leifseth Ulsom crossed under Nome’s burled arch at 3:01am with eight dogs Ulsom was in a tight three-way race with veteran champion Mitch Seavey and Nicolas Petit for days Petit deviated from the trail during a ground-storm on the run from Shaktoolik to Koyuk giving Ulsom a window to overtake him at the front of the pack The 31-year-old Norwegian from Mo i Rana has lived and raced in Alaska since 2011 this was one of the longer Iditarods in recent years The last time a leader took more than 9 days to reach Nome was 2013 along the same southern route Mitch Seavey and his son Dallas have traded off victories The last time a foreign-born musher won the race it was Robert Sørlie This story is posted on Independent Barents Observer as part of Eye on the Arctic a collaborative partnership between public and private circumpolar media organizations Published by: The Independent Barents Observer AS About us The Barents Observer follows the Code of Ethics of the Norwegian Press and the document Right and Duties of the Editor We report under full editorial independence and have no external interference Donate to our independent journalism Støtt oss via Vipps: 105 792 - Det betyr mye newstips@thebarentsobserver.com atle@thebarentsobserver.com thomas@thebarentsobserver.com☏ +47-905 73 143 denis@thebarentsobserver.com georgii@thebarentsobserver.com liza.vereykina@thebarentsobserver.com olesia@thebarentsobserver.com Privacy policy Celsa Armeringsstål AS is part of the Spanish Celsa Group The company produces reinforcing steel and billets with iron and steel scrap as the most important raw material Celsa Armeringsstål AS is the largest recycling business in Norway Statkraft and Celsa Armeringsstål in Mo i Rana have entered into a long-term power agreement that provides the recycling company access to renewable energy Les denne artikkelen på norsk. The energy agreement between Statkraft and Celsa Armeringsstål AS ensures that the steel producer and the recycling business have a collected delivery of 2,4 TWh of renewable power That is revealed in a press release from Norwegian energy company Statkraft Europe’s largest renewable energy producer The agreement applies to the period from 2024 to 2032.  Celsa Armeringsstål is part of the Celsa Nordic Group one of the Nordic regions leading producers of reinforcing steel based on scrap metal Celsa Armeringsstål recycles over 700 000 tonnes of scrap metal It provides us with predictability and good conditions A long-term agreement with Statkraft which produces and delivers renewable hydropower allows us to continue producing sustainable reinforcing steel with low emissions to the Nordic construction sector," says Utku Öner Selling power to power-intensive industries through long-term contracts is an important part of Statkraft's operations Statkraft will deliver around 10 TWh through such contracts in 2023 Statkraft has entered into six new long-term energy agreements with the Norwegian industry of up to 52 TWh up to and including 2035 "We in Statkraft are very happy with entering into a long-term energy agreement with another important Renewable energy and recycling of scrap metal is a good combination which secures green jobs and environmentally friendly solutions for an emission-free future," says Hallvard Granheim mainly coastal area ones that are essential for local communities to flourish where the country is increasingly being discovered Our Analysis Reports are only available to CAPA Members CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry developed by our team of dedicated analysts located in Europe Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app with customisable alerts to help you stay informed and identify new business opportunities CAPA Membership also provides access to our full suite of tools including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world 18.8.2022 12:15:00 CEST | The Avinor Group | Pressemelding Avinor has awarded the contract for turnkey contractor for a new Mo i Rana airport Following a lengthy and thorough evaluation process AF Gruppen came out on top.Photo: Polarsirkelen lufthavnutvikling/Nordic - Office of Architecture.Three different players submitted tenders in the competition for the interactive contract AF Gruppen scored the highest number of points and has thus been awarded the contract as turnkey contractor “We are very pleased of having decided on a turnkey contractor and are looking forward to collaborating with AF Gruppen It was a tough competition between competent and skilled bidders where AF Gruppen submitted the best combination of price and quality in relation to the award criteria,” says CEO of Avinor were based on assessments of the categories key personnel “AF Gruppen has offered the key personnel considered to be best equipped for execution of the project They have described how they will implement the project in a confidence-inspiring manner and they have a reflected and realistic approach to how the project shall work to reduce the overall climate and environmental footprint,” the CEO says.   The contract will be signed when the waiting period expires on August 30th The contract will then enter the initial phase Here Avinor and the contractor will work together to identify the best solutions for the next phase When Avinor as client reaches an agreement with the contractor on the target price build and commission a new forward-looking and environmentally adapted airport Our goal is that the Rana community and Avinor will be proud of the new airport,” Foss concludes We do not answer inquiries between 2100 and 0630 unless there is a critical incident For info regarding flights - see avinor.no and choose airport Registrer deg med din e-postadresse under for å få de nyeste sakene fra The Avinor Group på e-post fortløpende and Sandnessjøen were transferred to Avinor’s Remote Tower Centre in Bodø 4.2 million travelers used Avinor's airports This is an increase of seven percent compared to March 2024 3.6 million travelers used Avinor's airports This is an increase of 2 percent compared to February 2024 There is a slight increase in the number of domestic travelers "International traffic drives passenger growth Avinor's revenues will exceed NOK 12 billion for the first time The measures decided in the 2025 state budget and the Ministry of Transport's framework decision on take-off and passenger fees for the years 2025-2029 will provide strengthened financial earnings and sufficient flexibility for Avinor in the coming years" 3.5 million passengers used Avinor's airports This is an increase of nine percent compared to January 2024 The largest increase is among international travelers with the number of travelers rising by 13 percent The number of domestic travelers is six percent higher than in January last year I vårt presserom finner du alle våre siste pressemeldinger dokumenter og annen relevant informasjon om oss p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 11.0px ‘Helvetica Neue’; color: #000000}p.p2 {margin: 0.0px 0.0px 0.0px 0.0px; font: 11.0px ‘Helvetica Neue’; color: #000000; min-height: 12.0px}span.s1 {font-kerning: none} Population is down in all the three northernmost counties of Norway the first six month of the year, Statistics Norway can tell two counties that will merge from January 1st 2020 while Nordland county has 235 people less than at the start of the year There are now 48 people less in Tromsø than half a year ago Narvik down 42 and Harstad is 137 people less in the same period Sandessjøen and Bodø all had a growth in population but the vast majority of municipalities in northern Norway lost inhabitants population was up nearly 34,000 and is by June 30th 5,34 million Clarke digs deep for massive Tour de France win Clarke out of Tour de France with COVID positive Giro d’Italia and Vuelta a España.Get the latest with our sport podcasts on your favourite podcast apps.Watch on SBS SportSport News The Local Europe ABVästmannagatan 43113 25 StockholmSweden and public transport firms have told the public in southern Norway to only travel on Monday if necessary Travellers have also been asked to allow extra time for their journeys pay extra attention and drive to the conditions Rain and snow melt were expected to turn to ice “There is a lot of water in the road, and aquaplaning is a great danger. It has been raining all night. So, there is a lot of meltwater out in the roadway,” Annie Serup from the Norwegian Public Roads Administration told public broadcaster NRK on Monday cancelled several domestic flights to and from Oslo Airport due to weather conditions In addition to the handful of domestic flights some services to Copenhagen and Amsterdam also faced disruption SAS, KLM and Norwegian were the airlines to cancel flights on Monday morning. Avinor has a full list of departures and arrivals by airport on its website High winds and slippery runways closed the regional airports in Mo i Rana Oslo airport had limited the amount of departures per hour due to a slippery runway Avinor said that this would lead to some delays Public transport in Oslo also faced delays and cancellations on Monday morning “Large parts of public transport are affected by temperature changes and heavy rainfall on Monday This leads to delays and adjustments on many lines We recommend not travelling and that those who can use a home office,” public transport firm Ruter wrote The 23 was partially suspended between Helsfyr T and Lysakerlokket routes 79 and 80E were partially suspended between Åsbråten and Holmlia and the 81 was partially suspended between Ødegården and Trygve Strømsbergs road Oslo Municipality has also asked those who can work from home and asked that everyone who can avoid driving do so Ruter recommended travellers try to use the subway and tram All trains on the Bergen Line were cancelled on Monday by Vy Trains on the Lillestrøm to Asker line were also affected by the weather and the Sørlands line was closed between Egersund and Moi affecting trains between Oslo and Stavanger drivers were warned of the possibility of flooded roads and aquaplaning The Meteorological Institute issued two separate orange weather warnings. One for difficult driving conditions in the southeast and another for heavy rain in the south and the west Orange alerts are for serious weather situations and are issued when the institute expects extensive consequences READ MORE: What you need to know about Norway’s weather warning system Flood water was also reported on the E8 in Arendal in Agder county and several roads in Finnmark in the north were also closed due to the weather on Monday many roads were closed with Rogaland county the most affected The Norwegian Public Roads Administration’s website has an overview of affected roads Please log in here to leave a comment. (Photo by Jonathan NACKSTRAND / AFP) (Photo by JONATHAN NACKSTRAND/AFP via Getty Images) Source: AFP / JONATHAN NACKSTRAND/AFP via Getty Images The Elescan™ XRF-100 Elemental Slurry Analyzer performs real-time slurry stream analysis for mining and mineral applications The Thermo Scientific™ ARL X900 XRF Spectrometer is a WDXRF analyzer with XRD capability that provides quick The Bettersizer 2600 is a wet or dry particle size analyzer from Bettersize Instruments Handheld X-ray fluorescence spectrometry is becoming increasingly important in the mining industry as it aids in maximizing productivity of processes the Business Development Manager at Plextek talks to AZoMining about navigating the future of mining Uwe König, the Global Mining Segment Manager at Malvern Panalytical talks to AZoMining about the importance of technology and sustainability in mining The Polarled-pipeline will export gas from Statoil's Aasta Hansteen field in the Norwegian Sea to the Nyhamna gas plant Statoil has awarded Marubeni Itochu/JFE the fabrication contract for linepipe to the Polarled project while Wasco has been awarded the coating contract The coating contract includes the establishment of a new production base in Mo i Rana Dutch offshore installation firm Van Oord has started scour protection works at RWE Nordseecluster offshore wind farm Fast-growing energy demand is driving the need for technical support and guidance in new locations who specializes in offshore floating solar energy solutions announced that it has achieved ISO 9001 certification… a 170-year-old French family-owned company operating across a broad swath of maritime and offshore energy… we excel in creating stunning illuminated yacht names and logos and cutting-edge LED and fiber optic solutions Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service delivered to your Email five times per week 14.7.2023 09:27:30 CEST | Enova | Pressemelding The EU's innovation fund contributes a record amount to Norwegian industry and business or 5.7 billion Norwegian kroner at today's krone exchange rate is made available for five projects in Norway The companies receiving support are Norway Fortescue Future Industries the innovation fund distributed 3.6 billion Euros to a total of 41 projects The EU's innovation fund is the leading support scheme for investments in new technology in the EU's climate strategy The scheme is financed through the EU's climate quota system (EU ETS) Enova is responsible for Norway's participation in the EU's innovation fund and supports Norwegian applicants to the fund - The broad support from the EU's innovation fund shows that Norwegian industry and business are in the lead as far as innovation and technology development is concerned The five projects that receive support all point towards the transformation we are facing as a society Enova supports those who go ahead and there is therefore every reason to congratulate Read more about the EU's innovation fund here The five projects are spread over three programs within the innovation Fund (budget in brackets): Innovative electrification in industry and hydrogen (€ 1 billion)) Award to Norway: Norway Fortescue Future Industries Medium-sized pilot projects (€0.3 billion) - High level of technological innovation and lower commercial maturity than other windows - Up to €40 million in support from the innovation fund Nordic Electrofuel is located in this program Production of components for the energy transition (€0.7 billion) - Components for renewable energy production - It is very gratifying that Norwegian green initiatives are asserting themselves so well in Europe The fact that they now receive significant support from the EU shows that Norwegian projects are both well advanced and important for the green transition The projects will contribute to major emission reductions and the development of innovative technologies batteries and solar cell materials will be important and these awards show that Norway is at the forefront of this necessary transition Norway’s Minister of Climate- and Environment (Labour) - This is brilliant news for the companies their partners and for the green industry promise - which the government wants to increase the pace of The award confirms Norway's central position in important European value chains The quality of the projects for the Norwegian battery industry and the solar industry is sky high I am impressed - but not surprised - that they succeed Norway’s Minister of Trade and Industry (Labour) - I am very pleased that Norwegian energy companies are also reaching the competition for the Innovation Fund's funds It is tough competition and bodes well for Norway's ability to innovate and the energy transition going forward Norway’s minister of Oil and Energy (Labour) Norway Fortescue Future Industries:   The FFI Holmaneset project is being developed by Norway Fortescue Future Industries AS a wholly owned subsidiary of Fortescue Future Industries Ltd ("FFI") a global green energy company that produces green hydrogen from renewable sources The project is located in Bremanger municipality in Vestland county Norway and aims to use 280 MW of installed hydropower capacity which will produce approx 40 kt H2 per year for conversion to approx they will use local surpluses of renewable energy The green ammonia will then be sold to buyers in the Norwegian market and for export to Northern Europe -Fortescue warmly welcomes today's decision by the European Commission to invest significantly in clean technologies The selection of our flagship green ammonia plant is a recognition by the EU of its significance to global decarbonisation efforts The Holmaneset project is a great opportunity for FFI Norway and Europe for early development of a significant green energy value chain and we commend the EU for its leadership in kickstarting a green ammonia industry We look forward to finalising the details of our arrangements with the European Climate Infrastructure and Environment Executive Agency (CINEA) in due course Fortescue is pointing the way to a future beyond fossil fuels we look forward to continuing to play a central role in growing the renewable energy economy country manager for Norway Fortescue Future Industries Nordic Electrofuel AS will produce carbon-neutral e-fuel based on synthetic hydrocarbons using renewable energy The technology for reversed water gas shift (RWGS) which was developed and patented by Nordic Electrofuel and Fischer-Tropsch (FT) is used The hydrocarbon/Fischer-Tropsch-based e-fuel can be used in existing engines and infrastructure without any modifications and therefore offers decisive advantages over other technologies The e-fuel product will then be sent to refining partners where the final product will replace fossil-based products such as kerosene (aviation fuel) -Nordic Electrofuel is incredibly proud to have been awarded half a billion kroner in support from the EU Innovation Fund in sharp competition with over 200 companies from all over Europe The award confirms Nordic Electrofuel as the pioneer in the development of technology to produce Electrofuel which is the most important alternative for sustainable aviation it is a testimonia to our extraordinary team to create a robust foundation and design for the world's first commercial facility of its kind The award is redeeming for Nordic Electrofuel to make a final investment decision early next year and start construction of our first E-Fuel plant at Herøya which is expected to be in production in 2026 The pilot plant at Herøya will be the first building block in Nordic Electrofuel's ambition to produce one billion litres of sustainable aviation fuel within 10 years FREYR Battery will build a large-scale battery cell factory - GIGA ARCTIC in Mo i Rana The Gigafabrikken will have an annual production capacity of 29 GWh of clean battery cells FREYR's gigafactory is planned to produce using semi-solid next-generation battery manufacturing technology from 24M Technology A production process that eliminates significant toxic materials (e.g by producing the battery cells without solvents or binders) and with a significantly reduced number of production steps which in turn reduces energy use to less than half compared to conventional battery production FREYR's production at Giga Arctic will mainly be LFP batteries for stationary energy storage used for intermediate storage of renewable energy from the sun and wind The annual production from FREYR's Giga Arctic factory in Mo i Rana can enable FREYR's customers to displace 80 million tonnes of CO2 emissions over the battery's lifetime when these are used in energy storage systems (ESS) The displaced emissions represent nearly double Norway's total annual emissions of CO2.  -The award from the EU's innovation fund is fantastic news for us and for the Norwegian battery industry This is a confirmation of the batteries' role as one of the most important factors in triggering a rapid shift to renewable energy The support from the EU's innovation fund comes at an important time in the development of Giga Arctic which is planned to deliver battery products with one of the world's lowest CO2 footprints to our customers and partners across Europe Now we look forward to creating further momentum with next-generation battery production on a gigascale in Norway in collaboration with both the EU's innovation fund and the Norwegian authorities NorSun AS is the only European manufacturer with the experience and expertise to produce ingots and wafers for the solar value chain Project SunRISE aims to expand the production facility in Årdal by a further 3 GW The production line has a number of innovations including a high degree of automation and the use of artificial intelligence to create a state-of-the-art facility NorSun will reduce production costs by 50% in the new plant compared to the current cost level and a further reduction over the next 7 years of 30% The company's wafers must have a much lower CO footprint and resource consumption than competitors in China power consumption is halved while productivity is doubled The project will secure up to 300 highly skilled jobs and contribute to a broad reconstruction of the European solar cell industry NorSun has a mature case as the business plan is based on long and solid strategic partnerships with leading European cell/module players the project will reduce greenhouse gas emissions by around 5 million tonnes of CO2e over a ten-year period -NorSun's unique position as the only remaining significant western producer of ingots and wafers for the solar industry has contributed to significant interest in our growth plans from customers and now also from the EU and continues: - We are very pleased to secure this award Now the challenge is to prepare the Norwegian framework conditions for an expansion so that NorSun can accept this award and not only develop Årdal but also continue growth in other parts of Norway Enova works for Norway's transition to a low-emission society The transition requires us to cut emissions of greenhouse gases contribute to technology development and innovation and create new values That is why Enova works to ensure that new energy and climate technology is developed and put into use in the market Enova SF is located in Trondheim and has 90 employees The company is owned by the Ministry of Climate and the Environment and is financed via the Climate and Energy Fund and a small cost surcharge on the electricity bill Registrer deg med din e-postadresse under for å få de nyeste sakene fra Enova på e-post fortløpende Ikke overse det store potensialet som mindre bruk av strøm til oppvarming kan ha: Å gi plass til andre I peiskos ligger en smart løsning på nettproblemet satser mange norske bedrifter likevel på omstilling Over 25 000 fremtidsrettede prosjekter fikk grønt lys av Enova i fjor som kan gi utslippskutt tilsvarende at 560 000 nordmenn reiser med fly mellom Oslo og New York Kalk er helt avgjørende for både industrien og jordbruket men produksjonen av kalk og sement står for hele åtte prosent av de globale klimagassutslippene Klimamålene nås ikke med dieseldrevne kjøretøy Vi i Enova ønsker å bidra til omstillingen for de som ønsker å kjøpe elektrisk eller hydrogendrevet lastebil For første gang skal det bygges en multirotorvegg på flytende plattform i havet Caption: Steel manufacturing with electrically produced quicklime at Björneborg Steel.The collaboration between SaltX and SMA Mineral began in 2022 with the goal of building the world's first electrified production facility for emission-free quicklime a material essential as a slag former in steel manufacturing Following the positive results from Björneborg Steel and previous progress at SaltX's test a few preparations remain before SMA Mineral can make the final decision on the construction of the first ZEQL plant in Mo I Rana "The successful production of electrically manufactured quicklime marks a significant breakthrough for both ZEQL and Swedish engineering With the positive results we are now seeing from Björneborg Steel we are making significant progress toward establishing the facility in Mo i Rana We look forward to taking the next step to scale up production as soon as possible." has conducted several melting processes with accompanying analyses confirming that ZEQL quicklime functions as expected and can replace traditionally produced quicklime in steel manufacturing "The tests we have done with ZEQL quicklime have shown excellent results The quicklime has demonstrated rapid dissolution in the melt and a high refining capacity We have conducted analyses in both the electric arc furnace and the ladle furnace where the results show that slag formation occurs as expected and that the basicity is in line with the product we normally use in our process." the results from steel production using quicklime produced with the company's technology represent a significant step forward "This demonstrates that the entire value chain for electrically produced quicklime With the successes we have witnessed at the beginning of 2025 we look forward to continuing our work on the planned ZEQL plant in northern Norway."The successful production marks another significant step in the steel industry's transition to a more sustainable and climate-neutral future About ZEQLZEQL [sequel] is an industrial partnership for electrified quicklime production jointly owned by SMA Mineral and SaltX Technology. The production method and factory concept include innovative electrification technology with integrated CO₂ separation. The first factory is planned for completion in 2025. Visit www.zeql.com About Björneborg SteelBjörneborg Steel is a fully integrated forging company that controls the manufacturing process from scrap to finished product The company operates the largest open-die forging press in the Nordic region and delivers everything from semi-finished products to fully finished components ready for assembly The company has core competencies in advanced processes for high-purity steel Operations are based in Björneborg and Kristinehamn The company is quality-certified according to ISO 9001 and 14001.