Building a European future for clean batteries to accelerate the renewable energy transition

Giga Arctic aims to establish a 29GWh lithium-ion battery factory in Norway using innovative binder-free technology to significantly reduce emissions and costs while supporting renewable energy systems.

Subsidie
€ 100.000.000
2024

Projectdetails

Introduction

Giga Arctic aims to establish a state-of-the-art lithium-ion battery giga factory with an annual capacity of 29 gigawatt hours (GWh) in Mo I Rana, Norway. The factory will use a unique cell manufacturing technology that does not require binders and hence reduces the number of manufacturing steps. Giga Arctic battery cells will be deployed in energy storage systems, which are key to providing stability and flexibility in green energy systems that are built on renewable energy sources. The project is expected to lead to a 100% relative greenhouse gas (GHG) emission avoidance compared to the reference scenario.

Manufacturing Efficiency

Giga Arctic introduces a leap forward in battery manufacturing efficiency, combining a novel battery cell manufacturing technology with a bespoke, state-of-the-art production facility. It will deploy 24M’s cell manufacturing technology currently tested at pilot scale, to produce premium batteries at significantly reduced cost and with equally reduced footprint.

Core Innovation

The core innovation is a battery structure which eliminates the use of binder and solvents in the production process and subsequently eliminates the need for a drying process. The process reduces the use of non-active materials by allowing thicker electrodes than conventional technologies. This reduces energy consumption, investment cost (CAPEX), factory footprint, and material input compared to current state-of-the-art processes.

Environmental Impact

With a capacity of 29GWh, Giga Arctic will avoid 27.8 million tonnes of CO2 equivalent absolute GHG emission avoidance over the first ten years of operation.

Policy Contributions

The project contributes to key energy, climate, and industrial policy objectives by enabling the uptake of clean and efficient (in terms of energy and resources) battery manufacturing capabilities in Europe. The project accelerates the establishment of a European battery value chain, contributing to:

  1. Strategic autonomy objectives
  2. European technology leadership on battery cell manufacturing

The project also drives the development of a clean battery value chain by boosting energy efficiency, circularity, and responsible sourcing. As a key impact, Giga Arctic supports the deployment of renewables and the green transition by providing novel, cost-efficient, high-performing energy storage solutions.

Supply Chain and Employment

Giga Arctic establishes a Nordic-centric supply chain for batteries and advances battery recycling through partnerships in the value chain. Giga Arctic is expected to play a significant role at the local level by providing new employment opportunities.

  • Over 1200 jobs will be created in the Nordland region.
  • Five times more jobs will be indirectly created in the upstream value chain.

New knowledge and competencies on battery technologies will be built in Europe to further accelerate the transition of the continent.

Future Investments

Giga Arctic opens the doors to future investments in innovative battery technologies. Further expansions to the project site are to be expected, as well as new gigafactories in Europe using 24M’s technology.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 100.000.000
Totale projectbegroting€ 100.000.000

Tijdlijn

Startdatum1-1-2024
Einddatum31-10-2033
Subsidiejaar2024

Partners & Locaties

Projectpartners

  • FREYR BATTERY GIGA ARCTIC ASpenvoerder
  • FREYR BATTERY NORWAY AS

Land(en)

Norway

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