The Latest Breaking News from Tom Einar Jensen

US tax breaks lure European clean tech companies as EU lags

Norwegian battery startup Freyr is planning its next factory in an Atlanta suburb because a new U.S. clean energy law offers generous tax credits for local production

The Independent UK · Apr 17, 2023

Electric battery company building $2.6 billion plant in metro Atlanta

A Norwegian company announced Friday it will build an electric battery factory in metro Atlanta, creating hundreds of jobs and further cementing Georgia as a hub for the sector.

Tribune News Service · Nov 12, 2022

FREYR Battery Shares Gain Post Q1 Results

FREYR Battery SA's (NYSE:FREY) first-quarter net loss widened to $(34.91) million from $(11.89) million a year ago. Loss from operations was $(27.6) million versus $(11.92) million in 1Q21. EPS loss narrowed to $(0.30) from $(0.32) last year, missing the consensus of $(0.14). As of March 31, 2022, FREYR held cash and equivalents of…

Benzinga · May 11, 2022