New International Ferry Route from Arendal Port Starting in 2027
Arendal Port is taking a major step towards establishing the transport system of the future with a new planned international ferry route from Eydehavn to Eemshaven in 2027. This ambitious initiative aims to strengthen the region’s business sector, create more jobs, and contribute to increased value creation and sustainability.
Innovation Norway grants NOK 1.5 billion loan facility to Morrow Batteries
Innovation Norway has announced granting Morrow Batteries 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.
Morrow and Proventia have signed a Letter of Intent to develop European LFP batteries for non-road applications
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.
GreenRoc has selected Eyde Material Park as the preferred location for its European AAM plant
GreenRoc Strategic Materials plc, a company focused on the development of critical mineral projects in Greenland, has signed a Letter of Interest (LOI) to secure an area in Eyde Material Park for the company’s planned graphite Active Anode Materials (AAM) production plant.
Morrow Batteries signs Memorandum with the State Agency on Energy Efficiency and Energy Saving of Ukraine
Morrow Batteries has agreed on a Memorandum of understanding with the State Agency on Energy Efficiency and Energy Saving of Ukraine (SAEE) regarding possible supply with LFP battery cells for battery energy storage systems (BESS) to strengthen the Ukrainian energy system.
Morrow Batteries opens Europe’s first LFP battery gigafactory
Friday October 16th, Norway’s Prime Minister, Mr Jonas Gahr Støre, inaugurates Morrow Batteries’ and Europe’s first gigawatt-scale factory for LFP batteries in Arendal, Norway.
The major shareholders finance further development of Morrow Batteries
Morrow Batteries 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.
Morrow secures strategic agreement with Nordic Batteries
Morrow Batteries 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.
30% increased cycle life for Morrow-made 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%.
Morrow Batteries ASA announces IPCEI partnership, secures funding to advance next-generation battery technology
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).
