Atlanta (AP) – Pure Energy Company leaves a plan Build a giant electric battery factory In the suburbs of Atlanta after moving on to the purchase of a Solar Panel plant in Texas.
Freyr Battery told Newna officers on Thursday that he would not build a $ 2.6 billion plant that had to be hired more than 700 people after sending a letter to the Cowet County Development on January 21, announcing his plans to end the project.
The factory would build batteries for storage of electricity produced by renewable sources and is later published, the company officials said. It would be the second largest battery factory around the world when it was announced in 2023. But Freyr, a startup founded in 2018, never started construction at the site of 368 hectares (149 hectares).
Freyr, who moved his corporate headquarters from Norway to Newnan Maximize his eligibility for tax reliefs in the United States On the climate law of President Joe Biden, he said he focused his focus on the newly opened solar panel factory, which he bought last year for $ 340 million from the top manufacturer of Chinese solar panel Trina Solar.
“We are so grateful for the support and partnership we found in the Cowet district and across Georgia,” spokeswoman Freyra Amy Jaick wrote in a statement: “However, as stated in our December edition, we are focusing on the production of solar module at this time. in Texas. “
AND Newnan Times-Herald He first reported on the story, saying that Freyr was older Vice President of Business Development Jason Peace met with local officials on Thursday. Peace was told by members of the Cowet District Development Committee that the decision was guided by growing interest rates, decreasing the prices of batteries, changes in the company leadership and shifts in her goals, wrote authority president Sarah Jacobs Ue -Poruti on Friday.
The Georgia Economic Development Department has announced that the state has passed on a $ 7 million support for the purchase of a place for Freyr in Newnan, about 35 miles (55 kilometers) southwest of Atlanta. Jessica Atwell’s department spokeswoman said the state and the company “Rade Together” to ensure that the money was “quickly returned”. Freyr can also owe money to the Cowet district.
“The gospel incentive process protects the taxpayer in Georgia, and when the company’s plans are changing, this procedure is ensured that discretionary incentives are returned,” Atwell said in a statement.
Jacobs said the project planning made the Cowet district a stronger candidate for future projects.
The company has announced that it plans to build battery factories in Norway and Finland, but in November she said she would try to sell her European business. The company also announced that it was abolishing a license for battery production technology, paying $ 3 million to a company from which it was licensed.
