US EditionFreyr Battery must repay at least $27 million to Georgia and Coweta County after nixed expansion
- Plans to build a $2.57 billion battery manufacturing plant in Coweta County have been canceled by Freyr, a Norwegian-based company.
- The plant, named Giga America, was expected to create about 723 jobs and produce lithium-ion batteries.
- Freyr's spokesperson stated they are focusing on a solar module manufacturing facility in Texas.
- The company praised the support from Coweta County and the State of Georgia, stating it does not reflect any concerns about local partnerships.
Insights by Ground AI
Does this summary seem wrong?
13 Articles
13 Articles
All
Left
4
Center
4
Right
Freyr Battery Factory in Georgia Bites the Dust - CleanTechnica
Freyr, based in Norway, was one of the first companies to jump into the US market with big battery plans due to the Inflation Reduction Act passed by Democrats in 2022. I interviewed Freyr’s CEO, Tom Jensen, soon afterward about the plans and about the Inflation Reduction Act. I’ll embed ... [continued] The post Freyr Battery Factory in Georgia Bites the Dust appeared first on CleanTechnica.
Clean-energy company Freyr Battery says it's abandoning plans to build a $2.6 billion factory in Georgia, which would've created 700 new jobs
Freyr moved its corporate headquarters from Norway to Newnan, Georgia, to maximize eligibility for tax benefits related to President Biden's climate law.
·New York, United States
Read Full Article
Coverage Details
Total News Sources13
Leaning Left4Leaning Right0Center4Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
