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Innovation Norway provides 225 MNOK in public grants and a loan to Morrow Batteries

Innovation Norway provides 225 MNOK in public grants and a loan to Morrow Batteries

Innovation Norway has announced that they will provide 75 MNOK in public grants to Morrow Batteries (Morrow) in addition to a loan of 150 MNOK. The funding will strengthen the industrial scale-up in the race to build up the European battery value chain. The announced financing enables the company to build the Morrow Industrialization Center, the first phase of the full-scale production of 43GWh su

From left: Liv Monica Stubholt, Prime Minister Jonas Gahr Støre, Frederic Hauge, Kjell Roland, Steffen Syvertsen, Håkon Tanem, Robert Cornels Nordli, Jimmy Bengtsson

A giant leap for Norway as a battery powerhouse

Morrow Batteries (Morrow) and Siva are building a battery factory that will contribute to value creation far beyond the battery coast of southern Norway. While laying the cornerstone for Battery Factory 1 in Arendal, Norwegian Prime Minister Jonas Gahr Støre said that the new factory will be an essential contribution to the government’s efforts to boost domestic battery production and enable Norwa

Speeding up the energy transition with cost-effective and sustainable batteries.

Follow our journey at morrowbatteries.com and @MorrowBatteries on LinkedIn.

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