FREYR Battery
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Daniel Barcelo
- Full Time Employees
- 328
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Address
- 1211 E 4th Street Austin TX United States of America 78702
- IPO Date
- Jan 10, 2020
- CIK
- 0001844224
- Website
- freyrbattery.com
- Similar Companies
- Business
- FREYR Battery, now operating as T1 Energy Inc. (NYSE: TE), develops and manufactures advanced energy storage and solar solutions with a focus on building an integrated U.S. supply chain for solar modules, solar cells, and battery storage systems; it produces photovoltaic solar modules utilizing next-generation industrial-scale PV technology featuring n-type TOPCon cells with silicon nitride anti-reflective coatings, atomic-layer alumina passivation, tunnel oxide layers, and silver/aluminum busbars for utility-scale, commercial and industrial, and residential markets; core battery offerings include high-density lithium-ion cells based on 24M SemiSolid technology, lithium iron phosphate (LFP), and nickel manganese cobalt (NMC) chemistries for electric vehicles, stationary energy storage systems, marine applications, and aviation. Founded in 2018 and originally headquartered in Mo i Rana, Norway, the company maintains European assets while shifting its global headquarters to Austin, Texas, in early 2025 to align with U.S. operations, including the G1 Dallas 5 GW solar module facility in Wilmer, Texas. Recent major changes include the November 2024 announcement and December 2024 completion of a transformative $340 million acquisition of Trina Solar's U.S. manufacturing assets, comprising the Wilmer facility that commenced production in November 2024 with 30% of output secured by offtake agreements and projected 2025 EBITDA of $75-125 million rising to a full-year run-rate of $175-225 million; a February 2025 rebranding to T1 Energy amid abandonment of a $2.6 billion battery gigafactory in Georgia; March 2025 selection of Rockdale, Texas, for an $850 million G2 5 GW solar cell plant with construction targeted for Q2 2025 and first production in H2 2026; an August 2025 polysilicon and wafer supply agreement with Corning; and a €122 million European Union Innovation Fund grant in October 2024 for cathode active material development. T1 Energy targets domestic U.S. energy markets to support AI data centers, electrification, and reshoring, leveraging abundant renewable-sourced materials like silicon, glass, and aluminum while exploring optimizations for its Norwegian and Finnish project portfolio.
FREYR Battery Q1 Earnings Call Highlights
Exabits to Tokenize Freyr's AI Data Center Infrastructure in Strategic RWA Partnership
Exabits Labs to Tokenize Freyr's AI Data Center Infrastructure in Strategic RWA Partnership
FREYR Battery Rebrands as T1 Energy
FREYR Battery Announces Austin, Texas as Location for New Corporate Headquarters
Are lithium battery stocks a good buy amidst market volatility?
FREYR Battery Closes Transformative Acquisition of Trina Solar's U.S. Manufacturing Assets
Undercovered Dozen: Aurora Cannabis, FREYR Battery, Royalty Pharma, Talos Energy +
FREYR Battery Reports Third Quarter 2024 Results
FREYR Battery Announces Transformative Acquisition of Trina Solar's U.S. Manufacturing Assets, Actions to Strengthen Board of Directors and Management Team
FREYR Battery Selected by European Union Innovation Fund for Grant Award
Microvast vs. FREYR: Which Battery Stock Holds the Power?
FREYR Battery: Pessimism Could Be Entirely Priced In
FREYR Battery, Inc. (FREY) Q2 2024 Earnings Call Transcript
FREYR Battery Announces Second Quarter 2024 Earnings Release and Conference Call Schedule
3 Renewable Energy Stocks to Sell Ahead of a Trump-Vance Win
3 Battery Stocks to Buy Now: Q3 Edition
FREYR Battery Provides Operations Update
3 Battery Stocks to Buy Now: June 2024
FREYR Battery Announces Leadership Changes to Support Strategic Focus on Accelerating Path to Profitability