The "Joint Battery Initiative" project has now assessed the submitted proposals and selected 20 different locations for further consideration.
A total of 82 applicants from across the country submitted their proposals for locations to establish a battery cell factory to the "Joint Battery Initiative" project in January. The project has now assessed the submitted proposals and selected 20 different locations for further consideration. Frier Vest is still in the running to attract the establishment, which could create up to 2,000 jobs.
The companies Hydro, Equinor, and Panasonic initiated the strategic collaborative project "Joint Battery Initiative." The objective is to explore the possibility of building a sustainable and cost-effective European battery operation in Norway. Prior to Christmas, the companies engaged in discussions with Norwegian municipalities and regions to identify suitable locations for the establishment of a large-scale battery factory.
The response from Grenland, with Frier Vest as the location, was developed by a project group consisting of resources from Vekst i Grenland IKS, Bamble municipality, Grenland Port IKS, and Frier Vest Holding AS. The latter is a wholly-owned subsidiary of Grenland Port IKS. The company is developing an area of 400 hectares along the western side of Frierfjorden after acquiring properties in recent years.
With access to large areas, power, cooling water, and, most importantly, a population with high industrial expertise, Frier Vest should have all the prerequisites to advance to the final stage of the competition to attract the establishment.
You can read more about the exciting project "Joint Battery Initiative" led by Hydro, Equinor, and Panasonic.
Also, learn more about the EU's "European Battery Alliance" launched in October 2017 to address the increasing demand for batteries in transportation and industry. To ensure competitive and sustainable industry in Europe, there is a need to develop a complete battery value chain in the EU.