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Freyr Battery makes changes in top management and makes billion-dollar acquisitions – Dagsavisen

Freyr Battery makes changes in top management and makes billion-dollar acquisitions – Dagsavisen

Jensen also leaves the board of Freyr Battery, writes E24.

At the same time, the company states that it is buying assets from the Chinese company Trina Solar, which involves a production facility for solar cell modules in Texas. The agreement has a value of 340 million dollars, which corresponds to 3.76 billion kroner, Freyr Battery states in a stock exchange announcement.

The plant in Wilmer, Texas, has a production capacity of five gigawatts per year and started production in November. In 2025, the plant will be in full production.

– We are satisfied with this transformative transaction, which immediately positions the company as one of the leading companies in the production of solar technology in the USA, says Barcelo, according to the message.

The company’s battery factory in Mo i Rana recently announced significant downsizing. In his new role in Freyr Europe, Jensen will be responsible for optimizing values ​​and increasing earnings. What consequences this has for the battery factory in Mo i Rana is not known.

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