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FREYR Battery to Supply Up to 14 GWh of LFP Cells with Impact Clean Power Technology

FREYR Battery has announced a conditional offtake agreement (COA) with Impact Clean Power Technology, under the terms of the agreement, FREYR will supply 10 – 14 GWh of clean, next-generation battery cells based on the 24M Technologies, Inc. (24M) SemiSolidTM platform to Impact from 2025 – 2030.

January 16, 2023. By News Bureau

FREYR Battery has announced a conditional offtake agreement (COA) with Impact Clean Power Technology, under the terms of the agreement, FREYR will supply 10 – 14 GWh of clean, next-generation battery cells based on the 24M Technologies, Inc. (24M) SemiSolidTM platform to Impact from 2025 – 2030.
 

FREYR intends to supply Impact with clean battery solutions based on the same battery cell architecture as the ESS products that will be produced at its Giga Arctic battery production facility in Mo i Rana, Norway.

The LFP cells will be integrated into Impact’s E-Mobility products for use in commercial vehicles as well as other applications.

“This COA with Impact marks our first commercial agreement to produce fit-for-purpose LFP cells for the E-Mobility market alongside our already strong traction in the ESS sector. Following today’s announcement, FREYR’s portfolio of offtake and long-term sales agreements now exceeds 130 GWh of production in both ESS and E-Mobility markets through 2030, which demonstrates our growing commercial presence globally,” remarked Tom Einar Jensen, Co-Founder and CEO of FREYR.

“We sought a sustainable LFP producer in Europe that could supply our facility in Warsaw, aiding us in meeting the growing demand for batteries in the E-Mobility space. In FREYR, we have a like-minded partner that is dedicated to the decarbonization of important sectors like commercial transportation,” said Bartlomiej Kras, CEO at Impact.
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