Morrow Batteries ("Morrow") is raising €48.4 million in new capital to finance the company's further industrialisation. The company is presenting its annual report today, and development is proceeding as planned towards opening Norway's first battery factory in the summer of 2024.
The company raised capital in a share issue directed toward existing shareholders. The main shareholders, Å Energi,
Morrow Batteries ("Morrow") and Nordic Batteries have signed an agreement for 5.5 GWh Lithium Iron Phosphate (LFP) BEV2 batteries over seven years. The first batteries will be sold from Morrow towards the end of 2024.
The agreement was signed today at the world's leading industry fair, Hannover Messe, in Germany.
"We are thrilled to announce a signed agreement and particularly excited to si
Morrow Batteries ASA (Morrow) reports significantly improved product performance on its Lithium Iron Phosphate (LFP) batteries.
Morrow's engineering and research team have successfully increased the cycle life of the company's first product by 30%. Simultaneously, the energy density has increased by 10%.
“At Morrow, we believe in continuous learning and improvement. Our team has already pro
The Norwegian battery company has been awarded 345 million NOK from Innovation Norway under the IPCEI European business program. The funding will support the R&D development of a new battery technology that utilises less lithium and nickel than current batteries combined with manganese oxide (LNMO).
Morrow Batteries ASA (Morrow) has also qualified as an associated partner in the IPCEI Europ
Morrow Batteries ASA (Morrow) er tildelt 345 millioner kroner fra Innovasjon Norge under IPCEI European business-programmet for utvikling av en helt ny type batteriteknologi, med mindre bruk av litium og nikkel enn dagens batterier, kombinert med manganoksid (LNMO).
Det norske batteriselskapet opplyser samtidig at det har kvalifisert seg som assosiert partner i IPCEI European Battery Innovatio
Morrow Batteries ("Morrow") and Stena Recycling have signed an agreement regarding battery production scrap from the Morrow Cell Factory in Arendal, Norway. The production scrap will be handled at Stena Recycling's new facility for battery recycling in Halmstad, Sweden. The goal is to build a complete circular battery value chain using recycled material in new battery cell production.
"We p
Morrow Batteries ASA (Morrow) og Stena Recycling har inngått en avtale om håndtering av produksjonsavfall fra Morrow Cell Factory i Arendal, Norge. Avfallet vil bli håndtert på Stena Recyclings nye anlegg for batterigjenvinning i Halmstad, Sverige. Målet er å bygge en komplett sirkulær batteriverdikjede der resirkulert materiale gjeninnføres i battericelleproduksjonen.
"Vi deler stolt Stena Rec
Christin-Marie Boudgoust joins Morrow as Chief Commercial Officer
Jon Fold von Bülow assumes the Chief Science Officer role
Morrow Batteries is pleased to welcome Christin-Marie Boudgoust as the Chief Commercial Officer (CCO). With extensive experience in international business development and technical sales within the battery industry, Christin-Marie will play a pivotal role in e
Batterier er en av de viktigste driverne for det grønne skiftet, men er energikrevende og kan gi store utslipp. Miljøstiftelsen Bellona og Morrow Batteries inngår derfor nå et samarbeid for å utvikle beste praksis for bærekraftige batterimaterialer -og produksjon.
Behovet for batterier ventes å mangedobles når verden skal nå sine klimamål. Batteriproduksjon er imidlertid energikrevende og kan g
Morrow Batteries ASA ("Morrow") har fullført fabrikktester (FAT) for alt produksjonsutstyret som skal installeres i Morrow Cell Factory (MCF), selskapets første av fire fabrikker i Arendal. Installeringen har allerede startet, og Morrow følger planen om produksjonsstart i midten av 2024.
Testene har blitt utført i Sør-Korea siden slutten av mai 2023 for alt utstyret til produksjonslinjen, gjenn
Morrow Batteries ASA ("Morrow") has concluded the FATs in Asia of all the production equipment for the Morrow Cell Factory (MCF), the company's first factory in Norway. Installation has already started in Arendal, and Morrow is scheduled to start battery production in mid-2024.
The battery manufacturer has conducted FATs since late May, starting with the coating line, followed by the mixing li
Reaching significant operational and technological milestones, verified B-sample batteries pushing Morrow close to production start
Morrow Batteries ASA ("Morrow") will be the first manufacturer to commence GWh scale battery production in Norway at its first factory in Arendal in mid-2024. The plan is supported by several important milestones so far this year, including the verification of the
Follow our journey at morrowbatteries.com and @MorrowBatteries on LinkedIn.
