FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has awarded an agreement to Italy-based NTE Process to supply a complete and integrated drying and powder handling system for FREYR’s planned battery cell Gigafactory in Norway, known as Giga Arctic.
NTE Process is a service-oriented industrial automation and bulk material handling company that delivers custom solutions to their partners. With NTE Process’ automated solution for drying and powder handling, FREYR aims for safe, consistent, and properly contained powder transfer procedures in the manufacturing process.
NTE Process is currently delivering solutions for FREYR’s Customer Qualification Plant (“CQP”) in Mo i Rana, Norway, and will transfer the knowledge gained to the Giga Arctic project.
Jan Arve Haugan, Chief Operating Officer for FREYR, said:
Partners are a key part of our roadmap as we work towards greater speed and scale in battery production, and NTE Process plays a vital role in ensuring that we run a safe and seamless manufacturing process.
“They have served as an important partner to us in the development of our CQP, and we believe NTE Process to be the right fit for our Gigafactories, in addition to being a strong contributor to our technical development.”
NTE Process is a pre-qualified vendor of 24M Technologies, Inc. (“24M”), the maker of the 24M SemiSolidTM production platform which enables lower-cost and more sustainable lithium-ion battery production.
Fabio Novelli, President & CEO, NTE Process, said:
We’re eager to support FREYR on the road to large-scale battery cell production, and their ambitions for Giga Arctic are a strong fit with our experience in delivering custom, automated solutions to industrial partners.
“Battery production will be key to our energy future, and we will strive to be active co-developers of clean battery solutions with FREYR.”
“Our future Gigafactories require expertly-designed solutions that meet our high standards of engineering safety and efficiency in production. We are pleased that NTE Process will transfer the lessons from our CQP to Giga Arctic, helping us maintain our momentum towards full-scale battery production,” adds Haugan.
About FREYR Battery
FREYR Battery aims to provide industrial scale clean battery solutions to reduce global emissions. Listed on the New York Stock Exchange, FREYR’s mission is to produce green battery cells to accelerate the decarbonization of energy and transportation systems globally.
FREYR has commenced building the first of its planned factories in Mo i Rana, Norway and announced potential development of industrial scale battery cell production in Vaasa, Finland, and the United States.
FREYR intends to install 50 GWh of battery cell capacity by 2025 and 100 GWh annual capacity by 2028 and 200 GWh of annual capacity by 2030. To learn more about FREYR, please visit www.freyrbattery.com
About NTE Process
NTE Process (www.nte-process.com) is a single source provider that supports its customers from the engineering to the construction and start-up of turnkey plants. As a specialist in pneumatic transport for the handling of powders and granules, the company offers the best process solutions, Industry 4.0 ready, thanks to patented proprietary technologies and international partnerships.
The NTE Process solutions include innovative and sustainable technologies for pneumatic mixing, spray drying, drying, grinding, packaging, filtration and control of harmful emissions.
READ the latest Batteries News shaping the battery market
FREYR Battery Selects NTE Process as Equipment Supplier, New York, Oslo and Luxembourg, September 8, 2022
