Siva will contribute 32,7 million £ out of the 49 million £. The build will commence in a matter of weeks in Eyde Energy Park.
The Norwegian minister of trade and industry Jan Christian Vestre presented the news on the 18th of August in Arendal, and on the 29th of august Veidekke AS was announced as the contractor for “Factory1”.

Factory 1 will when completed produce 1 GWh of batteries. Morrow Batteries gigafactories will when completed produce 43 GWh in Arendal, Norway.
Battery Factory 1 will have a gross floor area of almost 30,000 m2 and will be constructed in a partnership between Veidekke Logistikkbygg and Veidekke Bygg Agder. Construction work will begin within the next few weeks.

Eyde Materal Park and Eyde Energy Park
Morrow Batteries are located at Eyde Energy Park, an industrial plot of just under 1,000,000 m2. Right next to this plot, Arendal municipality are working with private developers to create Eyde Material Park (2,530,000 m2).
This industrial park will provide Morrow Batteries with sustainable materials for battery production. When finished, Eyde Energy Park and Eyde Material Park will be the world’s first industrial battery cluster, where all parts of the valuechain are present and working togheter.