FREYR Battery CEO Tom Jensen. Image: FREYR Battery.
Norwegian lithium-ion gigafactory startup FREYR Battery could easily dedicate half of its 2030 production capacity target of 100GWh to energy storage and is also launching a system integrator play, CEO Tom Jensen has told Energy-Storage.news in an interview.
The company was founded in 2018 on three core tenets of speed, scale and sustainability. It has a massive lithium-ion gigafactory pipeline with the first four totalling 36GWh in Mo I Rana, Norway, going online in 2023-2025. But unlike many other players in the space, FREYR’s focus appears to lean towards energy storage as much as if not more than electric vehicles (EVs).
Energy storage focus
“We aim to have 83GWh of installed production capacity by 2028 and more than 100GWh by 2030, and I would say that based on what we see now, we believe that we…