FREYR, a developer of clean, next-generation battery cells, has received a grant of NOK 39M (approx €3.8M) from Innovation Norway – the Norwegian Government’s key instrument for supporting innovation and development of Norwegian enterprises and industry.
The grant is provided in the “environmental technology” category and relates to Innovation Norway’s task of encouraging R&D projects, domestic value generation, and the creation of responsible businesses. The grant is expected to be paid during 2021 and follows an evaluation process that started in the fall of 2020.