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13 Jul

FREYR Battery bags €100m grant from EU

Norwegian battery manufacturer FREYR Battery said Thursday it has secured a €100 million ($112m) grant from the European Union to support its Giga Arctic project in northern Norway, Kallanish reports. The financial support will come from the EU’s Innovation Fund as part of its push to promote localised production of battery solutions. The fund targets innovative technologies and large-scale initiatives. The Giga Arctic project is designed to produce …
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