Freyr Battery enters solar manufacturing, buys 5-GW plant from Trina Solar

URLhttps://www.utilitydive.com/news/freyr-battery-tri
SourceIndustry Dive
Date Published11/07/2024
Author NameDiana DiGangi

Additional Reshoring Information:

Company/Division name Freyr Battery
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):340
Country(ies) from which reshored:Norway
City reshored to:Wilmer
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsolar cells
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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