Construct Gigafactory Georgia Tender

Scope of WorkConstruction of Multi-phase battery cell production facility in the US state of Georgia.DescriptionFREYR has purchased land for the development of the Giga America project within the Bridgeport Industrial Park in Coweta County. In the first phase the company plans to build a cell production module of about 34 GWh based on the SemiSolid technology of its US licensing partner 24M Technologies Inc. This particular stage of the project is estimated to cost some USD 1.7 billion. In the coming months the company will conduct detailed plant engineering for the initial module while considering the addition of more value-accretive upstream and downstream modules along with a second cell production phase. Such expansions are seen to bring total capital investments to above USD 2.6 billion by 2029. FREYR is also currently working on securing clean power supply for Giga America.As per the financing of the project the company will rely on Inflation Reduction Act IRA-related production tax credits and strong financial incentives from the State of Georgia and Coweta County. Also the developer intends to apply for grants or loans from the US Department of Energy.