Innovasjon Norge har tildelt Morrow Batteries ASA ("Morrow") en låneramme på 1,5 milliarder kroner. Dette gir tilgang til finansering av selskapets forretningsplaner. Morrow kan trekke på lånerammen for å skalere opp og utvikle batteriproduksjon i Norge.
Beslutningen bidrar til å realisere regjeringens batteristrategi og gir Morrow tilgang til likviditet for selskapets forretningsplan.<
Innovation Norway has announced granting Morrow Batteries ASA ("Morrow") a loan facility of NOK 1.5 billion. The loan facility will be available for Morrow to fund the scale-up and development of battery manufacturing in Norway.
The loan facility contributes to the realisation of the government's battery strategy and provides Morrow access to liquidity for its business plan.
Morrow's main pr
Morrow Batteries ASA (“Morrow”) and GreenRoc Strategic Materials plc (AIM: GROC) have signed a non-binding Memorandum of Understanding (MoU) to collaborate on the development of graphite active anode material (AAM), which is essential for advanced battery technology.
The development partnership aims to establish a sustainable Nordic battery value chain, with GreenRoc supplying graphite from its
Morrow Batteries (Morrow) har inngått en intensjonsavtale om samarbeid med det finske teknologiselskapet Proventia, en ledende utvikler og leverandør av rene teknologier for fremtredende globale motor- og maskinprodusenter. Intensjonsavtalen omhandler utvikling av batteripakker med Morrows LFP-celler (litiumjernfosfat) for tungt maskineri.
Morrow har åpnet sin første gigafabrikk i Arend
Morrow Batteries (Morrow) has signed a Letter of Intent for collaboration with Finnish tech company Proventia, a leading developer and supplier of clean technologies for prominent global engine and machine manufacturers. The Letter of Intent addresses the development of battery packs with Morrow’s LFP cells (lithium iron phosphate) for heavy-duty machinery.
Morrow has opened its first factory
Signering av avtalen skjer på ONS i Stavanger klokken 1600 tirsdag 27. august
Presse og andre interesserte er velkommen til presserommet i Hall 10 (DNB Arena), 3. etasje
Anna Zamazeeva og Lars Christian Bacher er begge til stede og tilgjengelig for intervjuer
Morrow Batteries (Morrow) har blitt enige om en intensjonsavtale med det statlige byrået for energieffektivitet og energisparing i Ukr
The MoU will be signed at ONS in Stavanger, Norway at 4:00 PM today, Tuesday, August 27th.
The signing ceremony is open for media, and you are welcome to the press conference room in Hall 10 (DNB Arena) 3rd floor.
Anna Zamazeeva, Head of SAEE and Lars Christian Bacher, CEO of Morrow Batteries are both present and available for interviews.
Morrow Batteries has agreed on a Memorandum of underst
Today, Norway's Prime Minister, Mr Jonas Gahr Støre, inaugurates Morrow Batteries' and Europe's first gigawatt-scale factory for LFP batteries in Arendal, Norway.
Reaching another significant milestone, Morrow will be able to produce up to 3 million battery cells annually, or 1 GWh capacity.
Test production has already started. Morrow will work closely with customers to fine-tune th
Morrow Batteries ASA
Electrifying Society with Norwegian-Made Batteries
Morrow Batteries (Morrow) is dedicated to accelerating the energy transition with cost-effective and sustainable battery solutions. Our goal is to become a leading European specialist supplier by developing tailored batteries for energy storage, niche sectors, and, eventually, automotive applications.
Europe's largest LFP factory set to commence production in Q3 2024
Morrow Batteries ASA (“Morrow”) will commence mass production at Europe’s first gigawatt-scale factory for LFP batteries in 2024. In 2024, Morrow has reached significant milestones in technology, market, organisation and financing.
The company will present an Industrial Update at a webcast on Tuesday, May 28, 2024.
“Durin
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
Follow our journey at morrowbatteries.com and @MorrowBatteries on LinkedIn.
