FREYR Battery Inc
NYSE:TE
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FREYR Battery Inc
NYSE:TE
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FREYR Battery Inc
FREYR Battery, Inc. provides industrial scale clean battery solutions. The company is headquartered in Newnan, Georgia and currently employs 263 full-time employees. The company went IPO on 2020-01-10. The firm seeks to serve its primary markets of energy storage systems (ESS) and commercial mobility, including marine applications and commercial vehicles. Its facilities are located at Mo i Rana industrial complex in Northern Norway. The company is engaged in the development of its first clean battery cell manufacturing project in the United States (Giga America), which is located on a 368-acre parcel of land in Coweta County, Georgia. The firm's products consist of ESS, eMobility, and Electric Vehicle (EV). Its industrialized 24M semi solid technology, allows the Company to offer cell for ESS applications while surpassing or matching industry standard in cycle life, DoD, RTE, and LCOS.
FREYR Battery, Inc. provides industrial scale clean battery solutions. The company is headquartered in Newnan, Georgia and currently employs 263 full-time employees. The company went IPO on 2020-01-10. The firm seeks to serve its primary markets of energy storage systems (ESS) and commercial mobility, including marine applications and commercial vehicles. Its facilities are located at Mo i Rana industrial complex in Northern Norway. The company is engaged in the development of its first clean battery cell manufacturing project in the United States (Giga America), which is located on a 368-acre parcel of land in Coweta County, Georgia. The firm's products consist of ESS, eMobility, and Electric Vehicle (EV). Its industrialized 24M semi solid technology, allows the Company to offer cell for ESS applications while surpassing or matching industry standard in cycle life, DoD, RTE, and LCOS.
Growth plan: T1 said 2025 was about building the foundation for a vertically integrated U.S. solar business, while 2026 is the bridge year to G2_Austin and 2027 is expected to be the step-change year for earnings and cash flow.
G2 progress: The first phase of the G2_Austin solar cell fab is under construction and management said it remains on schedule, with full financial close for the remaining $350 million targeted in April.
Funding: T1 raised more than $440 million in the fourth quarter and said the stronger balance sheet gives it flexibility to choose better financing options instead of taking higher-cost capital.
G1 strength: G1_Dallas produced 2.79 gigawatts in 2025, hitting its annual target, and quarterly production and sales topped 1 gigawatt for the first time in Q4.
Outlook: Management kept 2026 production guidance at 3.1 to 4.2 gigawatts and said it is increasingly comfortable with the high end of that range, while warning that timing may shift from Q1 into Q2.
Policy tailwinds: The company repeatedly pointed to U.S. rule changes, Section 232, and foreign-content restrictions as supportive for domestic solar margins and demand, while saying new regulations are still creating timing uncertainty.
Commercial pipeline: T1 said it is discussing nearly 13 gigawatts of merchant opportunities, more than 10 gigawatts of advanced offtake pursuits, and about 18 gigawatts of mid-stage pursuits, for a total opportunity set of 41 gigawatts.
