Norwegian battery company Freyr has announced its intention to collaborate with commodities group Glencore, heavy equipment manufacturer Caterpillar, technology company Siemens, and electric motor manufacturer Nidec, to advance the development of sustainable battery solutions in Europe and North America. The partnership would explore areas of mutual interest along the battery value chain, including battery cell manufacturing, digital and software services, mining and refining, stationary storage applications for the energy market, electric transport, and recycling and end-of-life solutions.
The companies would work together to establish guiding principles to support their respective sustainability goals and the decarbonization of their customers’ operations, as well as develop novel solutions and service offerings suited to the low carbon energy system of the future. The partnership would also focus on developing robust, sustainable, and circular supply chains for battery materials and technology.
See also: Freyr battery opens new business unit and technology resources campus in Japan
Freyr CEO Tom Einar Jensen expressed his enthusiasm for the collaboration, stating, “Ultimately, FREYR’s vision for this coalition is to accelerate the energy transition across key sectors by scaling up clean battery production from FREYR’s gigafactories under development, and to incubate and develop innovative technology solutions together.”
Freyr recently acquired a cell factory site in Georgia, USA, which is expected to come online in the first half of 2024. The US factory will use 24M Technologies’ semi-solid technology to produce cells with an initial annual capacity of approximately 34 GWh.
Siemens, which is involved in several areas of e-mobility, also announced its plans to build a battery cell factory with an annual capacity of 12 GWh in Arizona, USA, with battery developer Kore Power earlier this month.
See also: Freyr purchased site in Georgia for multi-phase Giga America battery manufacturing project
The collaboration between Freyr, Glencore, Caterpillar, Siemens, and Nidec highlights the increasing importance of sustainable battery solutions in the transition to a low-carbon future. By working together to develop innovative technology and sustainable supply chains, these companies are helping to drive progress towards a cleaner, more sustainable future.
